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.

July 17th, 2018

Some details about the mysterious IMMO project leaked into the media this week, no one has any official or verified information on this confidential project though.

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.

June 22nd, 2018

The new center will study all the challenges that the blockchain technology may face, and will develop ways to implement it across a variety of spheres.

June 6th, 2018

Crypto sphere attracts all the more attention winning minds of governments, top industrialists and businessmen. Now richest bankers and the whole dynasties take the lead in this crypto expansion.

June 4th, 2018

Seeking to address the big issue of network scalability that largely postpones the mainstream adoption of cryptocurrency payment system, the creator of Ethereum introduces newly developed Sharding and Plasma solutions.

May 29th, 2018

While digital industry is flooded by zillions of new startups aiming to solve more or less real-world problems with blockchain tech, there are three projects definitely worth checking out.

May 24th, 2018

Vitalik Buterin created an opinion poll trying to decide whether take an offer and join Google’s team or stay at Ethereum. The majority backs the second alternative.

May 14th, 2018

The Blockchain Week, started today, is expected to host a series of events all concentrated in the global financial capital of New York.

May 2nd, 2018

Sharding is the much-awaited scalability solution for the Ethereum blockchain network, designed to help process more transactions in a given period of time at reduced costs.

April 7th, 2018

The release of Skycoin Fiber Platform is on the way – a direct response to existing blockchain flaws and the foundation of “Blockchain 3.0”.

April 4th, 2018

The feud between Buterin and Wright took out in the open during a Q&A session at Deconomy where both criticized each other with some hard-hitting comments.

February 20th, 2018

Vitalik Buterin, the co-founder of the Ethereum blockchain, asked people not to throw their life savings into virtual coins and warned about slammers offering cryptocurrency on Twitter.

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)