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.

Vitalik Buterin: Ethereum’s Failed Ideas and 1000x Capacity Upgrade Coming Soon
November 1st, 2018

This year’s Ethereum developer conference, Devcon4 ended with all the conference speakers singing about five years of failed ideas during the Ethereum research.

Dr. Doom Calls Buterin a Scammer, Ethereum’s Creator Shoots Back Revealing His Possessions
October 12th, 2018

After an american economist Nouriel Roubini labeled Ethereum founders as thieves and scammers, Vitalik Buterin provided detailed information on all his holdings and trades.

Vitalik Buterin: Zk-Snarks Can Enable ‘500 Transaction a Second’ on Ethereum Blockchain
September 25th, 2018

According to Vitalik Buterin, the Zk-Snarks can be used to “mass validate” transactions thereby alleviating the pressure of network congestion.

Ethereum 2.0: Attempt to Address Scalability Without Sacrificing Decentralisation and Security
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.

Ethereum Developer Vlad Zamfir Claims to Create a Sharding Prototype
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.

‘Crypto Market Will Absolutely Grow 1000x and More,’ Says Binance CEO
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.

Vitalik Buterin Responds to Backlash on His 1000x Growth Comment
September 14th, 2018

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

Blockchain: A Step Towards Decentralization or Another Form of Centralization
September 11th, 2018

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

Ethereum Creator Vitalik Buterin Says Crypto Growth Ceiling Is Near
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.

Ethereum, Google and Blockchain: Vitalik Buterin Presents at Closed Event in San Francisco
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.