Ethereum, founded by VITaLIK BUTERIN is a global blockchain network designed to run smart contracts and decentralized applications and currently became the world’s second-most valued and recognized cryptocurrency platform behind Bitcoin . We have been reading many articles about the advance and technical knowledge of Ethereum . But have you ever thought about the brain behind it.Lets dig deeper into the early year of Ethereum. The story behind its invention.
When i was 21 years i was still in my college reading some notes and what not. But this boy genius called Vitalik Buterin had already invented the so called Ethereum at that age.
The only thing buterin can't go ahead with me is the age . Yes he can't be 26 years when i am 24 LOL. Enought of my stupid imagination. Lets jump to this young genius brief interesting biography
Vitalik before Ethereum
Vitakik Buterin was born in koloma , was son of Dmitry Buterin, a computer scientist,and Natalia Ameline. He was a college dropout who latter invented the second most valuable cryptocurrency called Ethereum.
When vitalik was 6 year his parent moved to canada to find better work opportunity. Vitalik genius was recognised from his early third grade. When he was 7 years he was placed in an special class of gifted children giving hin work to challenge them. Even among them vitalik was twice in speed for mental arithmetic among those student
At the age of 17 his father first introduced him Bitcoin. But he was not interested at first thinking it was a concept that will never take off. Later after 1 years when he revisited the subject he became heavily interested with its potential to change the global economic.
In 2011 at the age of 18 vitalik gain an obsessive interest in Bitcoin.Hence an internet blogger paid him 5 BTC for every article he wrote promoting the subject.At that time 5 BTC worth 3.50$. However the bloger owner closed down due to lack of interest in the subject. But Mihail Allisie was impressed by Vitalik writing and reach out him . Latter the duo founded Bitcoin Magazine one of the leading publication of cryptocurrency.
In 2013 the price of BTC increases highly. Hence it make Vitalik earn some fortune from the BTC he had collected by writing articles. He then dropout his college from university of washington and travel to isreal, Amsterdam and San francisco. It was during this travel the idea of Ethereum came to his mind.He then wrote great deal of white paper on this subject matter that year
He then got support from the Thiel fellowship foundation. A foundation Which was started by Peter Thiel to provide financial support to all dropout student under 23 age who want to persuit their own interest. He used used the 100000$ to create the 200 billion dollar platform.
Vitalik IQ was estimated to be about 257
Vitalik After Ethereum
Vitalik brain behind Ethereum came to live in july 2015. The ethereum project had been made possible by crowdfunding from 2013 to 2014. At the time of introductiom of Ethereum was worth 15$. Latter in 2017 vitalik was ready to share the benefit of Ethereum in the general public.
In 2017 the value of Ethereum went sky high upto1300%. It was because the response of ETH potential was more overwelming than ever imagine. This was what vitalik worried about since he was not ready for it. Fearing that the general public will get excited by the potential of Ethereum giving unrealistic value.
That same year Ethereum was worth 1400$. He warned the public that it was not sustanable . As predicted the price fall to 200$ by september 2018.
Vitalik also announced that Ethereum value of 200 billion is based on potential but not a reality.
Most of his wealth is in the form of Ethereum . Its i said that vitalik holds 365,003 ETH worth more than $74 million. He also holds about $100,000 in OmiseGo (OMG) . In 2017 he was estimated a net worth of 1.4 billion. Now its near about 200 million. Hence its impossible to calculate his net worth accurately.
In 2017 when Ethereum has reach its peak a rumor came out about vitalik dead in a car accident. Hence the value of Ethereum drops by 4 billion at that time. Showing how popular and infuencial vitalik is as an individual.
He was even compared to the greatest mind in tech world. Besides Bill gates, Elon Musk, Steve job etc.
Vitalik have lead the way for cryorocurrency like other greatest tech did . One common thing is their personality cult that surrounds them.
Currently they are working on Ethereum 2.0 . The next step in bringing Ethereum to a new level
It is good to be creative, innovative and determined to succeed in life. Those are the key principles that helped Vitalik Buterin.