Who is Vitalik Buterin?

Vitaly Dmitrievich Butaterin, better known as Vitalik Buterin, was born on January 31, 1994 in the city of Kolomna near Moscow.

His parents Dmitry Buterin and Natalya Amelina are programmers by education. In 1997 they divorced. After that, his mother emigrated to Canada, and at the age of six, he moved there and Buterin with his father.

They settled in Toronto, where the future creator of Ethereum went to school with an in -depth study of mathematics, programming and economics, and then he entered and graduated from a private educational institution – the school of Abelyara.

According to the publication of Canadian Business, it was father who introduced Vitalik Buterina to cryptocurrencies. Now both of his parents are led by crypto projects: Natalia – Cryptochicks, and Dmitry is BlockGeeks.

What is the education of Vitalik Buterin?

As his father recalled, Butaterin has shown interest in mathematics and computer science since childhood. Still studying at school, he took third place at the International Informatics Olympiad, which takes place under the auspices of UNESCO.

Since 2012, Buterin entered Waterl University – leading Canadian university for programmers. But already in 2013 he was expelled. According to Butaterin himself, he actively studied and wrote the code in the field of blockchain, and there was no time left for study.

Already in 2018, Basel University appropriated an honorary doctoral degree to the creator of Ethereum, calling him a “key player in the digital revolution of our time”.

What Vitalik Buterin did before creating Ethereum?

In 2011, Butaterin became the author of the Bitcoin Weekly portal dedicated to the first cryptocurrency. His publications were attracted by the Romanian crypto -enthusiast Mikhai Alisi, who proposed to establish a printed magazine about cryptocurrency together. Buterin agreed. So he became one of the founders of Bitcoin Magazine. 9 out of 12 articles in the first issue of the publication wrote Buterin.

In addition, after the exclusion from the university, Butaterin got a job in the NextThough IT company, where he was engaged in a base development.

How Vitalik Buterin founded Ethereum?

In early 2013, Buterin went on an international journey, including to get acquainted with teams of various crypto projects. In Israel, he met with the creators of Mastercoin – the first project “Cryptocurrencies 2.0 “. This was a significant event in the biography of Buterina.

Mastercoin founder John Willet is known for conducting the first in 2012 in the history of ICO. In the White Paper project, he-also for the first time in the history of cryptocurrencies-described the concept of smart contracts and some other ideas, including Tao, algorithmic stablecoins and others.

Mastercoin was the first blockchain project that went beyond the digital currency and was aimed at creating a platform for applications. But it was possible to realize this concept already in Ethereum. Mastercoin was renamed Omni, and Tether stablecoin was first released on this network.

In November 2013, Buterin sent White Paper Ethereum to his friends-Cryptiants. Having received a positive response to the document, together with some of them, he began to implement the project in life.

One of his closest associates was Gavin Wood, under the authorship of which the so -called “Yellow Paper” was released in early 2014 – a document with technical details of Ethereum. In the same place, Wood first described the virtual machine of the platform-Ethereum Virtual Machine-which became the “heart” of the system of smart contracts. Wood later put a hand in other iconic crypto projects, in particular Polkadot.

Among other co -founders, Ethereum is called Joseph Lyubin, Charles Hoskinson, Jeffrey Wilk, Mikhai Alisi, Amir Czech and Anthony Di Iorio.

To finance the development, the Ethereum team used $ 100,000, which Buterin received from The Thiel Foundation – the Foundation of the famous technician Peter Til.

In addition, in the summer of 2014, Ethereum was held by ICO. According to the results of tokensil, it was possible to get 31,500 BTC, which was about $ 18.5 million at that time. Part of the ETH emission was also sent to the developers’ team to the Ethereum Foundation non -profit fund, which later became the organization for the development of the ecosystem.

Launched a blockchain platform in 2015.

Does Buterin participate in the development of Ethereum?

Today, the creator of the blockchain platform is one of the chairmen of Ethereum Foundation. He acted as an author or co -author of about 40 proposals for improving the Ethereum protocol – the so -called Ethereum Improviment Proposals (EIP). They are discussed in the community of Ethereum developers and after refinement they are introduced into the blockchain protocol using hard forces.

Buterin participated in the creation of key offers, such as the introduction of the ERC-20 tokens standard and the transition to the consensus algorithm Proof-Of-Stake. He also works on key components of large -scale update Ethereum 2.0.

In 2021, he, together with other developers, published the EIP-1559, which was included in the London Harder. As a result, the system of calculating the network commissions has changed and the mechanism of burning ETH has appeared.

In the winter of 2022, Buterin proposed introducing ZK-Rollups technology into the system calculating commissions in order to reduce their average size by several times.

In addition, Buterin is a public figure, performs at various conferences and is recognized as an intellectual of blockchain industry. He comments on the current agenda on his Ціна на біткоїн Twitter. Buterin also leads a blog in which it publishes its thoughts on various issues.

“You wake up in 2035, and 80% of transactions and savings in the world are carried out in the same currency, and this is not ETH. What, in your opinion, it will be a currency?”, – he wrote.

What Vitalik Buterin writes about?

On his website, the founder of Ethereum offers new ways of using blockchain – from new distribution systems of public goods to the creation of “crypton”. He also criticizes the legalization of bitcoin in Salvador, sets out the difficulties of voting procedures based on blockchain, and discusses how the prediction market affects modern politics, on the example of elections in the United States.

Only cryptocurrencies and blockchain are not limited to his interests. The creator of Ethereum is interested in the extension of life and believes that some of those who were born now will be able to survive up to 3000 years. In addition, he publishes works devoted to the economy. For example, in 2018, Buterin released an article on the decentralization of the tax system.

In February 2022, it became known that in the fall in the United States would be published in the essay of Vitalik Buterin called “Proof of Stake: The Making of Ethereum and the Philosophy of Blockchains”.

He is also interested in public life. Even before the start of the war in Ukraine, Butaterin called on the Russian government to prevent hostilities. When the war began, Buterin supported Ukraine with donations and noted:

“The current situation reminded many people in the community that ultimately the goal of cryptocurrencies is to do things that create a significant effect in the real world.”.

How much ETH has buterin?

In November 2021, Forbes magazine recognized Butaterin the youngest crypto -briniarrier. According to the publication, then the general condition of the founder of Ethereum was estimated at more than 325,000 air coins (ETH), which amounted to about $ 1.46 billion at that time.

However, due to the correction of the cryptocurrency market, the wealth of Butaterin has decreased. In the spring of 2022, its representative admitted that the capital of Buterina is approximately $ 800 million. Thus, he fell out of the list of cryptocurrency billionaires.

Does Buterin support relations with Russia?

The creator of Ethereum is a citizen of Canada. For the first time after emigration, he visited Russia in 2016. Then he spoke at the conference of the Skolkovo Foundation and met with representatives of the Central Bank of the Russian Federation, which then developed the interbank blockchain platform “Masterchain” based on Ethereum.

Buterin saw great potential for the development of a project in Russia and planned to attract Russian business and programmers to cooperation.

A year later, he again arrived in Russia and met with Vladimir Putin as part of the St. Petersburg International Economic Forum.

Later, answering the question of why he meets with politicians and officials from different countries, although they are structures opposite to decentralized systems, butaterin quoted the American fighter for the rights of black Frederick Douglas:

“I will unite with anyone to do the right things, and with anyone to do wrong”.

After the start of hostilities in Ukraine, Butaterin abandoned his former neutrality, openly condemning the war begun by Russia.

How much vitalin butterin spends on charity?

Buterin – active philanthropist and philanthropist. He donated $ 1 billion to combat coronavirus in India (at least some donations were returned to him) and $ 4 million – the University of the New South Wales, which develops a method of early recognition of signs of pandemia.

Also, the crypto entrepreneur gave $ 336 million to the non -profit organization Methuslah Foundation, which is engaged in regenerative medicine, and transferred about $ 5 million in support of Ukraine after the start of the war.

In addition, Buterin is supported by the Bill and Melinda Gates, the Miri project, which works on artificial intelligence, Charter Cits Institute, which develops new types of cities, and the Sens Foundation, which explores life extension technologies.

Butaterin – crypto industry star?

Now Vitalik Buterin is without a doubt – one of the important representatives of the crypto industry, which is regularly included in the number of the most influential people of the planet. Buterin was recognized by both Ilon Musk and Herman Gref, and crypto enthusiasts in China completely call him “God B”.

О Бутерине и создании Ethereum написали уже два англоязычных нонфикшн-бестселлера: “The Cryptopians: Idealism, Greed, Lies, and the Making of the First Big Cryptocurrency Craze” Лоры Шин и “The Infinite Machine: How an Army of Crypto-hackers Is Building The Next Internet with Ethereum ”Camille Russo.

The final confirmation of the populist status of Butaterin was the news that Hollywood became interested in them: the director of the “stranger” and “gladiator” Ridley Scott will produces the film adaptation of the book of Russo.