Who is Vitalik Buterin? Things to know about Vitalik Buterin

By Le Anh | Experience

Who is Vitalik Buterin

Perhaps when you entered the world of crypto, you've heard the name Vitalik Buterin many times, right? This is an important and influential figure in the industry blockchain and cryptocurreny The current.

In this article, let's find out who is Vitalik Buterin and his career in blockchain and cryptocurrency!

Vitalik Buterin is a Russian programmer. He is best known for being a Co-Founder of Bitcoin Magazine as well as Co-Founder Ethereum - the world's second most valuable cryptocurrency platform after Bitcoin.

Childhood and adolescence of Vitalik Buterin

Here, I will take a look at some remarkable details of Vitalik Buterin's childhood and childhood!

The young Vitalik Buterin was passionate about computers:

  • Born in 1994 in Kolomna, Russia. His father was a computer scientist - Dmitry Buterin, who founded BlockGeeks.
  • He is a Canadian of Russian descent.
  • He lived in Russia until he was 6 years old, then moved to Canada with his family.
  • Since he was in the third grade at primary school, Buterin has been placed in the gifted student class - where he shows impressive talent far beyond the same age children. He began to realize he was interested in math, programming and economics.
  • The high school years at Abelard School - Toronto are the most interesting and effective years for Vitalik Buterin. When he learned how to think, how to reason and how to study.
  • In 2010, his character in World of Warcraft made some changes due to the Blizzard update. Some articles said he was "crying while sleeping" when he realized how bad the centralized services could be. This event caused him to give up World of Warcraft. This is also a detail affecting Buterin's later decentralized thinking.

In short, Vitalik from a young age showed his talent in math, programming and economics.

With its innate ability and an educational environment to cultivate talents, Vitalik Buterin has made discoveries about Ethereum since he was very young.

World tradition favored him with names like "prodigy" or "young genius".

Vitalik Buterin found his blockchain passion

When Buterin was 17, he first heard of the concept of Bitcoin from his father. This has become a seed for his later development.

Inside, he began to rekindle thoughts on how the government, organizations and businesses centralized their operations.

According to him, the concentration of power is the root of all problems in the world. And what impressed him with Bitcoin was its uncontrollable nature.

He began to want to participate more deeply in this world by writing a blog post about Bitcoin for 5 BTC (about 3.5 USD at the time).

Buterin wrote for this site until it closed because there was not much interest in Bitcoin from everyone.

Portrait of Vitalik Buterin

In September 9, another person approached Buterin to discuss a new publication called Bitcoin Magazine. Buterin's position will be the co-founder and contributor as a leading author.

When working for the magazine, Vitalik also worked as a part-time research assistant for Ian Goldberg - a famous cryptographer.

His writing also gets the attention of other crypto enthusiasts like Mihai Alisie, who co-founded Bitcoin Magazine with him.

Vitalik constantly delves into the world of cryptocurrencies and blockchain, participates in conferences, talks with industry leaders.

Curious about his growing cryptocurrency, Buterin decided to drop out of college and start going around the world, learning and talking to many people. Especially the developers of Bitcoin.

Vitalik Buterin and Ethereum

In late 2013, after returning from the trip, Vitalik wrote and released the first copy of the whitepaper for Ethereum. Shortly after, he founded the Ethereum Foundation for the purpose of further research on cryptocurrencies.

In the same year - in 2014, Ethereum concepts and ideas were developed and published.

Buterin also announced the sale of Ethereum for crowdfunding and introduced Ethereum mining in an article. You can read here.

In 2015, Ethereum was officially launched and quickly became one of the leading cryptocurrencies in the world.

The blockchain technology that Ethereum creates is not just a digital currency like Bitcoin, but it is a blockchain platform that can perform many tasks.

By definition on its website, Ethereum is "an open source, global platform for decentralized applications."

The most special feature of Ethereum compared to Bitcoin that is the smart contract and the Ethereum Virtual Machine.

The benefit they bring is that this blockchain can provide the foundation for the above development applications. Moreover, verifying and enforcing contracts in a decentralized manner. Therefore, decentralized applications can be developed on Ethereum to serve diverse needs in life.

In 2019, Buterin focuses on researching scaling and security solutions for Ethereum.

Vitalik Buterin awards

An outstanding young talent, Vitalik Buterin has received many recognition with a series of awards and honors as follows:

  • International Olympic Bronze Medal in Informatics, 2012.
  • Thiel 100,000 USD scholarship, 2014.
  • World Technology Software Awards, 2014.
  • List of Fortune 40 under 40, 2018.
  • List of Forbes 30 under 30, 2018.
  • Honorary doctorate from the Faculty of Business and Economics at the University of Basel, 2018.

Huge property of Vitalik Buterin

Thanks to the creation of Ethereum, Vitalik Buterin became very wealthy. Follow analysis of Crypto Briefing On March 29, 3, the properties of Vitalik Buterin are as follows:

  • The largest part of Buterin's assets is crypto, valued at $ 82 million.
  • Buterin also holds a steady portion of cash, estimated at around $ 12 million. Thus, his salary will be about 140,000 - 250,000 USD.
  • He also holds stakes in two million dollar startups, Clearmatics and StarkWare.

As a young talent and the most influential person in the current crypto world, it is not difficult to understand when Vitalik Buterin is a millionaire with an estimated fortune of $ 100 million.

Some famous statements of Vitalik Buterin about Blockchain and the future

Source from Abelard School - the high school of Vitalik Buterin:

“I am truly grateful to have the opportunity to work in such an interesting and interdisciplinary field. That's where I have the opportunity to interact with prominent cryptographers, mathematicians and economists in their field, to help build software and tools that have affected tens of thousands of people across the country. around the world, and research on advanced computer science, economics and philosophy every week. ”

Speaking at Disrupt SF 2017:

“Bitcoin is processing less than three transactions per second. Ethereum is the year of transactions per second. Uber offers 12 flights per second. It will take several years for Blockchain to replace Visa. ”

Vitalik Buterin speaks at Disrupt SF 2017

Answer an interview in Bitcoin Magazine:

"One thing that made me feel optimistic over the past year is that there's a lot of interest. Not just in terms of cryptocurrency, or buying ether and keeping it, but actually using it to build applications.

Speaking at Devcon Three 2017:

“For the first time, we have broken the 500-hundred thousand transaction mark every day. And in case you don't keep up, it's seven transactions a second. ”

Conclusion

I hope through this article, you have the most comprehensive view of Vitalik Buterin - one of the most influential figures in the blockchain and cryptocurrency industry today.

With the talent, vision and intense passion for the industry, Vitalik will undoubtedly take Ethereum to new heights in the future.

Leave a Reply

avatar
Subscribe
Notify of