Vitalik Buterin

Vitalik Buterin

Vitalik Buterin is the genius young man behind the evolution of ethereum. Born in 1994 in Russia to Russian parents Dmitry (a computer scientist) and Natalia Buterin, Vitalik moved to Canada with his parents in 2000 when his parents decided they needed to mark some extra money to take care of their family’s needs. A genius who could calculate three digits numbers in his head as twice the speed of his peers while in grade three. He soon got to realize that he was in love with mathematics, economics, and programming.

In 2011, while scouting for a motive in life, Vitalik was introduced to Bitcoin by his father and during this period, he was just 19 years old. At first, he was skeptical about it and tried to understand how non-physical cash could be so powerful and useful to the global market. He researched extensively and soon got to understand the beautiful features of bitcoin. His love for bitcoin grew, and he soon became a freelance writer, writing articles for blog known as the Bitcoin Weekly at an initial token of $1.5 per hour. A couple of month’s later, Mihai Alisie met with Vitalik and the peer cofounded Bitcoin Magazine.

In early 2012, Vitalik won a bronze medal during a high school international programming competition in informatics. When asked what his tactics were, Vitalik has this to say: “While others were making extensive use of command-and-control strategies, I had to think out of the box. I remembered what had happened to me some years back while I played World of Warcraft during which blizzard removed the damage component from my warlock’s Siphon Life spell, and I decided it was high time I created a system whereby each will be assigned to a specific function thereby making them act independently and objectively.”

In 2012, Vitalik gained admission into the University of Waterloo, but he soon dropped out of school when he realized he spent approximately 30 hours per week on crypto-currency projects. He needed to dedicate more time to the crypto world, and hence he decided to travel around the world in a bid to explore a good number of crypto projects which evolved into the evolution of Ethereum a decentralized crypto-currency in August 2014.
Vitalik is the co-founder of Ethereum, a blockchain crypto-currency which was developed by a Swiss nonprofit organization (Etherenum Foundation) of great minds all over the world. He and his team of geniuses ensured that the eliminated any form of third party interference, downtime inconsistencies, fraud, and censorship.

In a bid to get the project started Vitalik and his co-founders, launched a crowdfunding campaign where interested participants were given the opportunity to buy ethereum at a lower rate which also gave them the opportunity to function as shareholders to the Ethereum project. They were able to raise a whopping sum of 18 million United States Dollars making it one of the most successful crowdsale in history.
In 2014, Vitalik Buterin won the Thei Fellowship award and later that same year, he also won the Word Technology Award in software technology.

September 17th, 2018

Here’s a look into the number of different projects done by Ethereum developers as a part of the Ethereum 2.0 development.

September 17th, 2018

Zamfir presented a proof-of-concept which highlights the future possibility of seamlessly moving ETH tokens and other messages across a shared blockchain.

September 14th, 2018

Despite some pessimistic moods in the crypto community, Changpeng Zhao, the CEO of Binance, believes that crypto still has room for 1000x growth in the upcoming years.

September 14th, 2018

Vitalik Buterin gives a logical explanation saying not just ‘euphoria’ but ‘actual usage’ will support the future growth of digital currencies.

September 11th, 2018

Decentralization, one word consistent with blockchain technology, is known for its recent popularity amongst blockchain startups.

September 10th, 2018

Though some optimists still hope for the bright future for cryptos, Ethereum co-founder believes that we won’t see 1000x Growth again.

August 16th, 2018

Co-founder of Ethereum Foundation and Bitcoin Magazine Vitalik Buterin shared his insights into the blockchain and Ethereum’s future, further dispelling rumors about his appointment at Google.

August 10th, 2018

Binance has currently released a “rough, pre-alpha” of the decentralized exchange, which is currently only client-based with no working graphical user-interface.

July 30th, 2018

The crypto community has dramatically changed since the beginning of its history. Technological geniuses are giving way to businessmen and financial specialists – and that may distort the initial concept of the crypto sphere.

July 11th, 2018

Musk has expressed some curiousness over the mad skills of Ethereum scam bots creator, while Vitalik Buterin asked Jack Dorsey to solve this issue.