Vitalik buterin: genius behind ethereum

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Avatar for Abothe
Written by
3 years ago

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

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3 years ago

Comments

It is good to be creative, innovative and determined to succeed in life. Those are the key principles that helped Vitalik Buterin.

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3 years ago

Yep above if he is realy a gifter person. But i wonder why is he so thin. Form the day i saw him he was already like as it is haha

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3 years ago

You see people like that hardly sleep. They think in 360° manner. So he must look thin, not because he doesn't eat well.

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3 years ago

Well that can be one probable reason. He is too young . Wondering what he will do more. Rather than ethereum

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3 years ago

Yes. Look at Mack Zuckerberg of Facebook. Roger Very of bicoin.com and so on. Most of them drop out of university and colleges to pursue programming courses. And they excelled!

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3 years ago

Yup we need more peoole like them. No government can take s theire place. May be the goverment will be run by them . If possble some day haha

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3 years ago

It is really sad that Vitalik didn't live to see how successful his invention has become today. His story is a motivation on its own for going as far as quiting school to focus on the project. Thats a really hard decision. Good article

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3 years ago

Yes but they are working hard for next project to gave new birth to ethereum . Whivh will be more powerful then before

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3 years ago