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Vitalik Buterin published the Ethereum whitepaper 12 years ago on November 27, 2013. Coinbase CEO Brian Armstrong credits the platform for enabling modern crypto products. ETH traded around $3,000 on the anniversary date, down from $3,450 one year earlier. The Ethereum whitepaper reached its 12th anniversary on November 27, the date Vitalik Buterin published the document that introduced smart contract functionality to blockchain technology. Coinbase CEO Brian Armstrong acknowledged the milestone in a post on X. Armstrong stated that Ethereum changed the crypto industry by providing builders with advanced tools, including a Turing-complete programming language. He credited Buterin, the Ethereum co-founders, and the community for enabling products that define the current state of the sector. The Ethereum whitepaper was published 12 years ago today. Ethereum changed the course of crypto by giving builders greater tools – including a Turing complete language! Shoutout to @VitalikButerin, the Ethereum co-founders, and the entire Ethereum community. So many of the… — Brian Armstrong (@brian_armstrong) November 27, 2025 Whitepaper Introduced Smart Contract Platform Concept Buterin published “A Next-Generation Smart Contract and Decentralized Application Platform” on November 27, 2013, at age 19. The whitepaper proposed a blockchain with built-in programming capability that would allow developers to write code of arbitrary complexity directly onto the chain. Bitcoin’s scripting language was intentionally limited for security purposes and creates a technical barrier for developers attempting to build applications on top of it. Buterin’s proposal offered an alternative by allowing smart contracts that could execute automatically based on predetermined conditions. Ethereum has survived the DAO hack, transitioned from proof-of-work to proof-of-stake consensus, and established infrastructure for decentralized finance, non-fungible tokens, and decentralized autonomous organizations. The platform currently holds a market capitalization exceeding $365 billion. Ethereum Price Down From Last Anniversary Historical data highlights how Ethereum’s price has shifted each year…

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Filed under: News - @ November 28, 2025 7:27 pm