Vitalik Buterin - Biography

Vitaly Dmitriyevich "Vitalik" Buterin, a Russian-Canadian programmer and writer, was born in Kolomna, Russia on January 31, 1994. He is best known as one of the Ethereum co-founders. Buterin was among the first to become involved with cryptocurrencies, co-founding Bitcoin Magazine in 2011. Ethereum was founded in 2014 by Buterin and Gavin Wood.

Family

Buterin was born in Kolomna, Russia, to Dmitry Buterin, a computer scientist, and Natalia Ameline. He lived up in the area until the age of six, when his parents relocated to Canada in search of better career opportunities.

Buterin with his father
Education

Buterin had his early education at the Abelard School in Canada. From a young age, Vitalik excelled in mathematics, economics, and computer technology. Later that year, in 2012, he enrolled in postsecondary studies at the University of Waterloo, but dropped out after two years.

Despite the fact that he is skinny and rather goofy. Buterin, Vitalik He was immediately sent to a talented children's programme. His father first exposed him to Bitcoin when he was 17 years old, when it was still in its early stages.

In June 2014, Buterin was awarded a $100,000 Peter Thiel Fellowship for his achievements. He did, however, leave to co-found and work on several cryptocurrency and digital financial businesses, including Bitcoin Magazine and the Ethereum project.

Bitcoin Magazine

Buterin's work grabbed the curiosity of Mihai Alisie, a Romanian Bitcoin enthusiast. They began corresponding and, in late 2011, co-founded Bitcoin Magazine. Buterin took on the role of head writer as a side project while also taking five advanced courses at the University of Waterloo and working part-time as a research assistant for cryptographer Ian Goldberg, who co-created the Off-the-Record Messaging protocol in 2004, which is now widely used to encrypt instant messages.

Bitcoin Magazine, which originally appeared in print in 2012, has been labelled the "first significant publication dedicated to cryptocurrencies.

Buterin giving a seminar about crypto currency
Ethereum

Vitalik Buterin, Gavin Wood, Joseph Lubin, and others published the Ethereum blockchain, a platform on which users can build decentralised apps, in 2015. Buterin intended to create new use cases for blockchain technology that went beyond Bitcoin's financial applications. Ethereum is a blockchain-based operating system that enables anybody to create and run smart contracts and decentralised applications.

Buterin first described the Ethereum platform architecture in a white paper when he was 19 years old, with the intention of developing a comprehensive programming language for building blockchain-based apps.

They collected almost 31,000 Bitcoins from the cryptocurrency community and used the cash to establish the Ethereum Foundation, a non-profit organisation based in Switzerland.

According to Vit, "I am extremely grateful for the opportunity to work in such a fascinating and interdisciplinary field, where I can interact with world-renowned cryptographers, mathematicians, and economists, contribute to the development of software and tools that affect tens of thousands of people worldwide, and work on advanced problems in computer science, economics, and philosophy.

Ethereum
Holdings

Vitalik currently owns 335,000 Ether. He used to have 405,000 Ether in his possession. In January 2018, when Ether was priced at $1,400, Vitalik's paper net worth was $567 million.

Ether was trading for $900 in February 2018, meaning that Vitalik's 365,000 Ether was worth $300 million in paper terms. By August 2018, the price of Ether had dropped to $300, making Vitalik's tokens worth around $100 million before taxes.

When Ether reached $4,000 per token in May 2021, Vitalik's paper net worth crossed $1.3 billion. The Ethereum Co-Founder recently donated 100 ETH to an Indian COVID-19 relief fund. Buterin has several ETH addresses, though they are minor in contrast to his primary address.

Ethereum, which has a market capitalization of more than $365 billion, is currently trading at $3,150. ETH's market dominance has already surpassed 16%, the highest level ever recorded as of May 2021.

Vitalik at ethereum conference
Philanthropy

The Machine Intelligence Research Institute received a $763,970 Ether gift in 2017. The SENS Research Foundation received a $2.4 million Ether contribution in 2018 for rejuvenation biotechnologies and human life extension research.

A $50,000 donation was donated to the SENS Research Foundation in 2020. Sam Bankman-Fried and Haseeb Qureshi contributed a total of $150,000 to the SENS Research Foundation to address ageing and aging-related illnesses at the request of Twitter users via open voting.

50,693,552,078,053 SHIBA coins worth $1.14 billion USD were donated to India's Crypto Covid relief fund in 2021. On May 12, 2021, the Methuselah Foundation, which focuses on prolonging human lifetime, received a total donation of $336 million in 430 trillion Dogelon Mars ($ELON).

Awards and recognition

2014 Thiel Fellowship

2014 World Technology Award in the field of IT Software

The 2016 Fortune 40 Under 40 list

Forbes' 2018 list of the 30 Under 30

Fortune's 40 Under 40 list for 2018

2018 Honorary Doctorate from the University of Basel