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Ethereum recover wallet3/8/2024 In an August 8, 2014, statistical overview of the presale, Buterin shares some impressive numbers: Russo’s suggestion that the Ethereum presale was the “Sale of the Century” may sound like hyperbole, but the numbers support the claim. He wrote, “If you purchase Ether, DO NOT lose your wallet file or your password, or you will never be able to access your ether.” Impressive Statistics “The sale will last 42 days, concluding at 23:59 Zug time September 2 ,” he wrote.īuterin’s message was very clear to anyone that wanted to participate in the presale, also called the premine, crowdsale, and genesis sale. In his announcement, Buterin tells the story of the substantial hardships his team had faced: “We certainly miscalculated the sheer difficulty of navigating the relevant legal processes in the United States and Switzerland, as well as the surprisingly intricate technical issues surrounding setting up a secure sale website and cold wallet system.”īuterin also informed potential investors that Ether (his company’s transactional token) would be available in the presale at a discount price of 2,000 Ether (ETH) per Bitcoin (BTC). When it launched on July 22, 2014, the Ethereum presale was so successful that Camila Russo described it in a article as the “Sale of the Century.”įollowing weeks of speculation, Vitalik Buterin, the Ethereum founder, posted an announcement on the Ethereum Foundation Blog announcing the sale. Investors could buy Ether with Bitcoin, even though the Ethereum blockchain did not yet exist, and the genesis block had not yet been mined. The Ethereum presale was literally a sale of Ether to investors before Ether existed. This article covers those questions and more, to give you the best possible chance of recovering your funds.
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