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25 Year Old Etherum Founder Vitalik Butherin Achieved A Net Worth Of $100 Miilio by Wealthscheme: 4:10pm On Aug 22, 2019 |
Vitalik Buterin tends to be best-known for being the co-founder of Ethereum. For those who are unfamiliar with that name, Ethereum is the platform that makes the cryptocurrency Ether possible. This is notable because Ether is one of the better-known cryptocurrencies that can be found out there, though it still falls far short of Bitcoin, which remains the best-known cryptocurrency in the present time. Regardless, there are sources that estimate Buterin’s net worth to be around $100 million, though considering the probable makeup of his wealth, interested individuals might not want to put too much faith in that number because of the probable volatility that is inherent to it. How Did Vitalik Buterin Reach His Current Net Worth? In short, Buterin was born in Moscow Oblast in Russia. He lived there until he was the age of six, which was when his parents moved to Canada in search of better employment prospects. In school, Buterin proceeded to develop an interest in the subjects of math, economics, and computer programming, though his opinion of public education has been more than a bit ambivalent. By the age of 17, Buterin had been introduced to the concept of Bitcoin by his father, who is a computer scientist. In 2013, he spent some time interacting with other people in other countries who shared his interest in programming, which prompted him to publish a white paper proposing the creation of Ethereum upon returning to Canada. By 2014, Buterin had managed to secure the Thiel Fellowship, which was what provided him with the funding that he needed to leave the University of Waterloo in preference for working on Ethereum on a full-time basis. For those who are curious, Ethereum has been described as being a couple of things rolled into one. First, Buterin has called it a “decentralized mining network. Second, Buterin has called it a “software development platform” in the same sentence. This combination makes sense when one considers that Ethereum was meant to support the creation of new cryptocurrencies as well as new programs that share a single blockchain. In Buterin’s opinion, Ethereum exists for the purpose of making up for Bitcoin’s limited functionality, which has a negative effect on the cryptocurrency’s actual ability to perform its intended functions. Besides Ethereum and thus Ether, Buterin has been involved with various other software projects as well, which have been open-source in nature. for more info on this visit https://wealthscheme./2019/08/22/how-25-year-old-etherum-founder-vitalik-butherin-achieved-a-net-worth-of-100-million/ |
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