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.

‘Goodbye, ICO’: The Abyss, a Digital Distribution Platform, To Conduct the World’s First DAICO
January 31st, 2018

The new project is going to hold the world’s first token sale event incorporating the elements of Decentralized Autonomous Organizations (DAO)

Sorry Vitalik but Kik’s Cryptocurrency Moves from Ethereum to Stellar in 2018
December 15th, 2017

Popular messaging app Kik is moving its Kin tokens from the Ethereum network to the Stellar network sighting issues with speed, reliability and costs.

Vitalik Buterin Uncovers Ethereum 2.0 Roadmap In Taiwan
November 27th, 2017

Ethereum co-founder Vitalik Buterin shares some exciting insights into the scalability plans of the Ethereum blockchain at Beyond Block Taipei 2017 conference, held in Taiwan.

Bitcoin Cash Down 33%, While Bitcoin Trading Above $6250
November 13th, 2017

Bitcoin Cash decreased by 33% according after yesterday considerable growth up to $2477 while Bitcoin didn’t lo

Devcon 3: Vitalik Buterin Unveils Ethereum Technical Development Roadmap
November 2nd, 2017

Ethereum founder has unveiled his plans aimed and the cryptocurrency’s technical development.

Vitalik Buterin Says Ethereum Will Equal Visa in Scale in a ‘Couple of Years’
September 19th, 2017

The founder of ethereum blockchain believes the network has the potential to rival such giant financial companies as Visa in the next couple of years.

Ethereum’s Highly Anticipated Scaling Solution Raiden Network is Active on Testnet
September 7th, 2017

The new solution is expected to significantly boost the speed of the ethereum network, raising its capacity to more than a million of transfers a second.

Estonia is Ready to Launch Governmental Cryptocurrency Through ICO
August 24th, 2017

Estonia plans to launch the world’s first government-supported cryptocurrency called ‘Estcoin’ through ICO.

Ethereum’s Vitalik Buterin and OmiseGo’s Joseph Poon Cooperate to Tackle Scalability Issues
August 17th, 2017

Vitalik Buterin and Joseph Poon join efforts to address Ethereum’s scalability issues by developing Plasma scaling solution to be compliant with the OmiseGo.

History of Ethereum: How It’s Set to Overtake Bitcoin by 2018 [Infographic]
July 5th, 2017

Given the current pace of development, Ethereum could eventually become the dominant virtual currency.

Russian President Vladimir Putin Meets Ethereum Creator Vitalik Buterin
June 5th, 2017

The discussion between the President and Ethereum co-founder focused on the possible use of blockchain technologies in the Russian Federation.

The Bitcoin Effect & Understanding The Recent Reversal of The Vitalik Premium in Ethereum
May 30th, 2017

A recent reversal in the return premium of ETH vs. ETC due to buying by Bitcoin holders means that ETC now looks exceptionally cheap.

Chain Changer: Behind The Scenes at Ethereum With Vitalik Buterin & Friends
May 28th, 2017

Ethereum has risen over 2000% in 2017. But it’s far from just another open ledger-turned-online-ATM; it’s an innovation reaching for a greater social role.