Vitalik Buterin is a Russian-Canadian writer and programmer. He is among the top influencer in cryptocurrency world as he is the co-founder of Ethereum; 2nd largest cryptocurrency in term of market capitalization, right in the heels of Bitcoin. Meanwhile, Vitalik is only 25 years of age and has far-reaching plans for his creation.
Before he becomes famous in the world of cryptocurrency, Vitalik was a stranger to social gatherings and extracurricular events. During his childhood, he is a very different person with his same-age friend as he’s passion is on playing and exploring the possibilities with Microsoft Excel.
“Vitalik loved playing with Excel as a whole, where he made some basic calculations.”
Dmitry Buterin, father of Vitalik Buterin
Vitalik Buterin was born on 31st January 1994, in a city called Kolomna in Russia, where he grew up until he reached 6 years. In 2000, his parents chose to move to Canada in search of better job opportunities.
One of Vitalik’s teacher found that he is a very genius student. The teacher saw that Vitalik could multiply three-digit numbers over twice as fast as his peer classmates.
As a result, he was asked to change class to a class of extra intelligent children. Here Vitalik’s flair flourished, particularly in mathematics and programming. He also has an interest in economics which later prove to be great importance to his future.
Apart from his childhood favourites’ game “Microsoft Excel”, Vitalik also used tons of time playing World of Warcraft. When he plays World of Warcraft, he first saw how centralized programs could act negatively. This was because his characters in the game changed itself during World of Warcraft updating the software. Vitalik feels so bad about that he never played World of Warcraft again.
Exposure to Bitcoin and Blockchain
The person who introduces Vitalik to Bitcoin is his father. In 2011, the father had a software company through which he had heard about Bitcoin. After a few years, the father sold that company just to focus on Blockchain technology, like Vitalik.
Vitalik did not find interest in either Bitcoin or Blockchain technology immediately. However, the decentralized element at both Bitcoin and Blockchain have begun to attract more and more attention from Vitalik over time. This led Vitalik to research more and more, resulting in a real interest from the then 17-year-old boy.
Later in late 2011, Vitalik Buterin started the Bitcoin Magazine with a novelist, Mihai Alisie. Bitcoin Magazine was (and still is) one of the largest online media outlets dedicated to Bitcoin and cryptocurrencies. In the next few years, Vitalik split his time between the university, part-time job as research assistant and editor of Bitcoin Magazine.
In May 2013, Vitalik flies to San Jose, California, to attend a Bitcoin fair in Bitcoin Magazine. Here, Vitalik experiences for the first time that it is not only online that there is a community that is interested in Bitcoin, Blockchain and Cryptovaluta. But that makes sense also exists. Experiencing this results in an additional interest in Vitalik.
Vitalik Buterin and Ethereum
By the end of 2013, Vitalik Buterin published a white paper explaining the basic idea behind project Ethereum. He sent it to a couple of his closest friends, after which they forwarded it to some of their acquaintances. All in all, his white paper came into the hands of a handful of people.
“When I came to the idea with Ethereum, my first thought was:” Okay, it’s too good to be true. “As it later became apparent, the core idea behind Ethereum was good.”
Some of the friends and the other acquaintances found the project interesting, and some of them chose to take an active part in the development of Ethereum.
On July 30, 2015 – Ethereum was officially launched, and the cryptocurrency was officially out of its beta. However, it was still a launch that was filled with bugs, which was still considered a test. Over the next couple of months, Vitalik and the remaining team continued running Ethereum with the help of its community.
In 2016 – March 14, 2016 – Ethereum released an update, which was later considered its official launch. The update gave developers around the world greater freedom and a platform to create decentralized applications, tokens, smarts contracts, etc. on the Ethereum platform than they had before.
Although Vitalik has not been alone in making Ethereum, he has been a very big part of the project. In addition, he has always been the front figure outside, like Steve Jobs was for Apple. It is in stark contrast to Bitcoin, where there has never been a true front figure since no-one knows the identity of Satoshi Nakamoto.
Vitalik Buterin is undoubtedly outstanding, both regarding his intelligence, but also his beliefs in cryptographic currencies. Nobody knows how the development will go over the next couple of years, but it would not be surprising if it keeps moving the cryptocurrency industry forward as it has so far.
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Photo credit: Inverse