5 Interesting Facts About Ethereum Blockchain Co-Creator – Vitalik Buterin

5 Interesting Facts About Ethereum Blockchain Co-Creator – Vitalik Buterin

Ethereum News
July 22, 2022 by Diana Ambolis
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Vitalik Buterin, the creator of Ethereum, has only become a household name outside the crypto sector, where he has long been well-known. One thing about the co creator of Ethereum, Vitalik Buerin is that he is well renowned for his smart contract capabilities, decentralized finance (DeFi) applications, and NFTs, among others, and powers the second-largest cryptocurrency.
Dima And Vitalik Buterin On Crypto's Morally Clarifying Moment

Vitalik Buterin, the creator of Ethereum, has only become a household name outside the crypto sector, where he has long been well-known.

One thing about the co creator of Ethereum, Vitalik Buerin is that he is well renowned for his smart contract capabilities, decentralized finance (DeFi) applications, and NFTs, among others, and powers the second-largest cryptocurrency.

Buterin’s achievement made him the “youngest crypto billionaire in the world,” according to Forbes, but his goals for the blockchain and himself go far beyond money. Buterin reportedly has a net worth of at least $800 million, according to Time magazine.

In the first quarter of 2022, he emerged as the industry’s conscience, denouncing both the Bored Ape Yacht Club and Vladimir Putin for invading Ukraine and encouraging wealth inequality in the same cryptocurrency space that made him famous.

The following list contains five facts about Buterin.

  1. He grew up loving math and was born outside of Moscow to two computer experts.

Two computer professionals, Natalia Ameline and Dmitry Buterin gave birth to Vitalik Buterin in 1994, not far from Moscow.

Vitalik shared his parents’ love of mathematics. For instance, according to Time, at barely 4, Buterin “acquired” his parents’ old IBM computer and started experimenting with Excel. In 2016, Dmitry stated to Fortune that “Excel was his favourite toy.”

By the Time Buterin was 7, his family had moved from Russia to Canada, and according to Time, “he could remember more than a hundred digits of pi and would shout out math equations to pass the time.” According to Time, he started coding at the age of 12. He is proficient in nearly six languages and academic fields, including sociological theory, advanced calculus, and land-tax history.

  1. His father taught him about Bitcoin.

Vitalik Buterin initially learned about Bitcoin, the most valuable cryptocurrency in market value, when he was 17.

He initially rejected the notion but then changed his mind after having a negative interaction with the World of Warcraft video game creators. The concept of a decentralized platform not governed by a single body appealed to Buterin.

He admitted to Wired in 2016 that “I had a much more cartoon attitude back then.”

“I considered anything about corporate domination or government regulation to be outright evil. How can I take advantage of a thousand individuals this Time? And I believed that those employees in the institutions were similar to Mr. Burns, sitting at their desks and exclaiming, “Excellent.”

  1. He helped launch Bitcoin magazine.

Vitalik Buterin co-founded a prominent crypto journal, “Bitcoin Magazine“, at 18 and rose to head writer. He gained a lot of knowledge about Bitcoin’s blockchain and how to improve it. 

Time reported that he thought securing assets such as non-predatory loans, financial derivatives, and web applications would be a successful strategy. He handled his responsibilities at Bitcoin, claims Wired. At the same Time, he was a student at the University of Waterloo and worked a second job as a research assistant for a cryptographer.

  1. He left college early and founded Ethereum.

In 2013, Vitalik Buterin left school and started drafting the Ethereum white paper.

According to Buterin, when he first thought of Ethereum, he thought, “Okay, this thing is too good to be true, and I’m going to have five professional cryptographers raining down on me and telling me how stupid I am for not seeing a bunch of very obvious flaws.” Buterin also told Wired that he initially believed Ethereum was a scam. “Two weeks later, I was shocked to learn that none of that had occurred. It turns out that the underlying concept of Ethereum was good, sound, and comprehensive. As one of Peter Thiel’s fellows in 2014, Buterin received a grant of $100,000 to support his work.

Also, read – Why the stakes are so high with the upcoming Ethereum Merge?

  1. He’s speaking up more and more.

 In 2022, Buterin stated that he intends to “attempt to be more risk-taking and less neutral.” “I would rather Ethereum annoy some people than degenerate into meaningless garbage.”

Buterin recently denounced Russian President Vladimir Putin’s invasion of Ukraine in a tweet, “This is a crime against the Ukrainian and Russian people,” before changing his tone in an interview with Time a few weeks later to criticize the crypto community.

The situation of the past three weeks has, Buterin said, “one silver lining in that it has reminded many people in the crypto space that ultimately the goal of crypto is not to play games with million-dollar pictures of monkeys, but to do things that accomplish meaningful effects in the real world,” Time reported on March 14. He was “alluding to the Bored Ape Yacht Club,” according to Time.