Smart Contract Significant Events
Swarm ($SWRM) is an innovative blockchain platform designed to address the challenges of scalability, efficiency, and cost-effectiveness in the decentralized ecosystem.
This list reflects the pivotal moments that have shaped the development, application, and understanding of smart contracts within the blockchain space.
-
2023 Continued Evolution of Smart Contract
Continued evolution of smart contract platforms beyond Ethereum, with Solana, Polygon, and others gaining traction for smart contract applications, expanding the ecosystem.
-
2022 The Collapse of Several DeFi Projects
The collapse of several DeFi projects due to smart contract vulnerabilities or exploits, emphasizing the need for rigorous auditing.
-
August 2021 London Hard Fork on Ethereum
London Hard Fork on Ethereum introduces EIP-1559, changing gas fee mechanics, impacting smart contract economics.
-
2021 The Rise of NFTs
The rise of NFTs with projects like CryptoPunks and Bored Ape Yacht Club, showcasing the cultural impact of smart contracts in art and collectibles.
-
2020 The First Successful Examples
Yearn.finance emerges as one of the first successful examples of a decentralized governance model using smart contracts.
-
September 2020 The launch of Uniswap V2
The launch of Uniswap V2, significantly enhancing the capabilities of automated market makers on Ethereum.
-
2019 DeFi (Decentralized Finance) begins
DeFi (Decentralized Finance) begins to take off with platforms like MakerDAO and Compound using smart contracts for lending, borrowing, and other financial services.
-
2018 The introduction of the ERC-721
The introduction of the ERC-721 standard for Non-Fungible Tokens (NFTs) on Ethereum, enabling unique digital assets.
-
2017 Chainlink Launches
Chainlink launches, providing a decentralized oracle network to connect smart contracts with real-world data, addressing one of the key limitations of smart contracts.
-
2017 The introduction of ERC-20
The introduction of the ERC-20 standard for tokens on Ethereum significantly simplifies the creation and integration of new tokens via smart contracts.
