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.

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July 5th, 2019

The price of the popular Dogecoin cryptocurrency skyrocketed after the announcement that it has been listed on the Binance exchange at midday (UTC) Friday. The cryptocurrency had surged by 34 percent to $0.004324.

Tron’s Justin Sun Choses Silicon Valley As the Venue for Power Lunch with Warren Buffett
June 13th, 2019

Justin Sun is quite optimistic of his meeting with Warren Buffett and is said to have invited some influential figures from the crypto space to communicate with Buffett the merits of blockchain and the opportunities that lie ahead.

Despite $1.2B Valuation, Ethereum Co-Founder’s Polkadot Project Could Be Having Troubles
June 6th, 2019

It seems that Ethereum Co-Founder’s Polkadot project might not be able to raise $60 million as previously expected. There are some investors that have already placed some funds in the company but then the company would be valuated at under $1 billion.

Vitalik Buterin: Bitcoin SV is a Scam but Binance May Be Centralizing Its Power
June 5th, 2019

Ethereum co-founder Vitalik Buterin has publicly questioned both Binance and Bitcoin SV in an interview he gave to YouTuber Hardcore Crypto. He called Craig S Wright’s Bitcoin SV a “complete scam”.

Binance CEO Turns Down Justin Sun’s Offer to Join $4.5M Lunch with Warren Buffett
June 5th, 2019

Changpeng Zhao of Binance declined an offer to attend Justin Sun’s $4.5 million lunch date with Warren Buffet before taking a jibe on the legendary billionaire for his vehement criticism of cryptos.

Vitalik Buterin Proposes New Solution Ethereum Transactions Anonymity
May 24th, 2019

Buterin’s ‘minimal mixer design’ could send fixed quantities of Ethereum from one account to another without the link being visible on-chain, which means that users could actually make the transaction via multiple addresses.

Bosch is All About to Implement Ethereum Blockchain for Its New Products
May 23rd, 2019

Bosch new project is expected to be backed by Ethereum. The company has been testing electric-car charging ports that will communicate and transact autonomously with a vehicle, which is a use-case for Ethereum. 

Binance CEO Collecting Charity to Fight Craig Wright
May 7th, 2019

Binance CEO Changpeng Zhao established a new Binance Charity Foundation program to help out those who struggle to pay legal fees after being sued by Craig Wright. In such a way, he wants to prevent the self-proclaimed Satoshi from bullying people.

CFTC Ready For Ethereum Futures, Will ETH Price Rise to $200?
May 7th, 2019

The U.S. Commodity Futures Trading Commission (CFTC) said they are willing to approve Ethereum futures contract – provided it does everything right.

Craig Wright Ordered to Provide Bitcoin Ownership Records
May 6th, 2019

The order directs Wright to produce a copy of documents detailing the “formation, administration, and operation of the blind trust” to the plaintiffs.