The development of Ethereum
With the aim of solving the flaws that in his opinion he detected in projects like Bitcoin, Buterin began to develop Ethereum and published his whitepaper in 2013. After this initial advance, Gavin Wood, Ethereum co-founder, published Ethereum technical book. This describes the operation of the Ethereum Virtual Machine (EVM). EVM is the main Ethereum technology, on which the language rich in scripting shows its full potential.
After a long crowdfunding campaign, Buterin and his team were able to present the first fully functional version of Ethereum, Frontier in 2015. With its activation, the Ethereum platform began to take off and technological giants like IBM y Microsoft products were interested in the project.
In May 2016, Buterin returned to Russia for the first time since she moved to Canada with her parents. During his visit, he met with Russian ministers and representatives of the Central Bank of the Russian Federation. In 2017 Vitalik Buterin entered the top 10 of the ranking "40 most influential young people under 40" According to the magazine Fortune and entered the magazine's list of 600 brightest people under 30 Forbes, the newspaper Vedomosti recognized him as the professional of the year.
Vitalik Buterin's fortune is entirely unknown, however, he is estimated to be of 350.003,57 ETH. The reason is that the direction 0xAb5801a7D398351b8bE11C439e05C5B3259aeC9B from the Ethereum network, it belongs to you. Despite Vitalik himself answer back to this question in a twitter thread.
Vitalik Buterin and Ethereum today
Ethereum is currently the second largest cryptocurrency in the world for its market value. Ethereum is being used by thousands of applications, from developers and companies around the world, and has gradually created a supreme name in the crypto world.
In March 2017, the Enterprise Ethereum Alliance with more than 500 members. Members include recognized companies such as Microsoft, MasterCard, Intel, and Ernst & Young. All of them with the firm purpose of developing Ethereum and applications supported by this technology.
Despite all this, Ethereum is not yet a perfect technology. Well, it continues to suffer from scalability problems. That is why the Ethereum Foundation and its developers and collaborators seek to improve it. A hard job that can be seen at all times thanks to the great development activity with the community account.
Vitalik Buterin, on the other hand, traded Zug for Singapore, where he heads the Asian division of the Ethereum Foundation. He still spends a lot of his time developing Ethereum. However, he hopes that in the future he can get away from the development of the coin a bit to focus on other things related to Ethereum.
Although Vitalik has not been alone in the making of Ethereum, it has been a very important part of the project. In addition, it has always been the representative image, as Steve Jobs was for Apple. A stark contrast to Bitcoin, where there has never been a true figure, as no one knows the identity of Satoshi Nakamoto.
Without a doubt, Vitalik Buterin is outstanding, both for his intelligence and for his beliefs in cryptocurrencies. No one knows where development will lie in the coming years. But it would not be surprising if it continues to move the cryptocurrency industry forward as it has so far.
Buterin is also well known for his high activity on the Twitter network. His interventions on the social network have left messages like these: