Who is Vitalik Buterin, the founder of Ethereum?

Vitalik Buterin

Have you heard of Vitalik Buterin in the media? That's because he's the creator of the Ethereum protocol. A blockchain protocol just as impressive as Bitcoin's. Moreover, thanks to Ethereum , we've gone even further in the use of blockchain technology.

So who is Vitalik Buterin? A short summary in this article.

Vitalik Buterin: A young…gifted…

Yes, the first thing to remember about Vitalik Buterin is his precocity…

On Wikipedia, we can read that at the age of 4, he was playing with computers and Excels in particular. At the age of 7, he had written a very detailed encyclopedia on rabbits.

Furthermore, he was interested in computers from a very young age. As a teenager, he developed a passion for video games and became a true gamer. It's worth noting that his father is a computer scientist, which likely helped him learn the ropes. He is so passionate about computers that he even won a bronze medal at the International Olympiad in Informatics.

A gamer and geek

Vitalik was born in 1994 in Russia and moved to Canada in 2000, when he was 6 years old.

Vitalik Buterik was (is?) a great gamer. We won't be surprised. He was an avid World of Warcraft player from 2007 to 2010. One day a storm knocked out his computer. He was very affected by the total loss of his data. That day, he realized how catastrophic centralized services can be.

In 2011, he was searching for a new purpose in life. He writes this in his biography. It was at that time that he discovered how Bitcoin works . He says that at first he was a little skeptical because there was no physical form of it.

Beginnings as a crypto editor…

Little by little, he became interested in the subject. At first, he wanted to mine bitcoin and be part of the community. But, not having the means, he decided to write articles on the subject. In exchange, he would be paid in bitcoin. Imagine that he was paid 5 BTC for each article!

He started writing for a blog called "Bitcoin Weekly". At the time he was paid $3,50 for each article. Needless to say, how much he was able to earn from these articles!

In 2012, he entered the University of Waterloo. In 2013, he realized that crypto projects were taking up 30 hours/week of my time, so he left college.

Subsequently, he co-founded one of the first specialized magazines: Bitcoin Magazine , with Mihai Alisie . It's clear, then, that he was among the first users of the Bitcoin ecosystem.

He was therefore an editor for Bitcoin Magazine until 2014. You can read his articles here . You can see that he had a certain talent and a way with words. It was there that he solidified his reputation and gradually built his network.

He traveled all over the world, explored many cryptography projects and eventually realized that they were all too concerned with specific applications and not general enough – hence the birth of Ethereum, which has occupied his life ever since.

Thus, Vitalik Buterin has made a huge breakthrough in the world of cryptos. Thanks to his genius, we were able to go even further in Blockchain.

What exactly is Ethereum?

It's an infrastructure that expands Bitcoin's capabilities. Ether was the second cryptocurrency after Bitcoin, but recently it has been overtaken by Ripple. Yes, since September 21st, Ripple has exceeded all our expectations in terms of market capitalization.

What makes Ethereum a strength and an advantage over Bitcoin is the ability to use DApps. In fact, decentralized applications are the lifeblood of Ethereum. Indeed, Ethereum supports applications beyond financial transactions.

Furthermore, it is also since the emergence of Ethereum that we have seen the emergence of ICOs.

Here is a video, published 4 years ago already in which Vitalik explains what the Ethereum project is:

To explain another way:

Understand that Ethereum is a kind of global computer networks. Anyone can be part of it and program according to their desires. Everything that is done and programmed on this computer is completely public.

In other words, Ethereum is the total decentralization of applications. We see that this remains a sort of logical continuation of the Bitcoin blockchain.

To use the Ethereum blockchain, we use " smart contracts". Smart contracts are programmable lines of code that roughly correspond to lines on a large Excel spreadsheet.

So much for the very quick explanation of what Ethereum is. We have written a more complete article to explain how it works.

To create an Ethereum wallet, follow the article that explains how to open an Ethereum wallet.

Read other portraits:

—> Who is the founder of BCH, Roger Ver, the famous “Bitcoin Jesus”?

—> Andre Cronje, founder of Yearn.finance, is withdrawing from DeFi; here's why

Mining Ethereum in 2020: Is it still profitable?

—> Who is Dan Larimer, the founder of EOS?

How can Ethereum change finance?

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Note: No financial advice is given in this article or any other article on ZoneBitcoin . This information is entirely your own judgment. Be responsible for your investments and only invest an amount you are prepared to lose.

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