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.

4 Best Blockchain Conferences to Attend in Q4 2019
October 11th, 2019

Here are the brightest events in the blockchain industry that are scheduled for the coming months. They will help you to stay up-to-date with the newest developments.

Cardano and Ethereum Might Finally Switch to PoS in 2020
October 7th, 2019

It is expected that 2020 will finally be the year when Ethereum and Cardano might switch to PoS (Proof of Stake) algorithm. However, that is only a starting point.

Crypto Payments Company BitPay Adds Support for Ethereum
September 17th, 2019

BitPay users will be able to accept Ethereum for payments, store Ethereum in a BitPay wallet and get access to Ethereum on BitPay prepaid Visa cards.

Vitalik Buterin Stays Confident about Ethereum 2.0 and Optimistic about Facebook’s Libra
September 16th, 2019

On Sunday, the Ethereal Summit took place. At the event, Ethereum’s Joseph Lubin and Vitalik Buterin commented on the Ethereum 2.0 update and discussed possible collaboration with Facebook on its Libra currency.

Vitalik Buterin is ‘Very Confident’ About Ethereum 2.0 Launching Phase
September 5th, 2019

As Buterin said, Ethereum 2.0 aims to run ‘tens of thousands of transactions per second’ and he is sure that the new network will facilitate a number of on-chain transactions while maintaining key aspects of decentralization and security.

Vitalik Buterin Explains His Plans on the Future of Ethereum
August 20th, 2019

During his recent interview, Vitalik Buterin stressed on key factors of scalability, account security and usability which will steer ahead of the mass adoption of digital currencies.

Dogecoin (DOGE) Price Explodes More Than 34% on Binance Listing News
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”.