The Person Who Made Ethereum

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Who made Ethereum? A Russian turned Canadian programmer and writer known as the co-founder of both ETH digital currency and Bitcoin Magazine and was also a drop out from University of Waterloo. So, who made Ethereum? None other than Vitalik Buterin.

The Bitcoin Magazine

Someone reached out to Buterin for a new publication called Bitcoin Magazine in September 2011. Buterin would accept this and gained the position as the first co-founder and contribute as a leading writer. In 2012, they began issuing a printed edition and was said to be the first serious publication exclusively devoted to digital currencies.

Bitcoin Magazine was purchased by BTC Media and Buterin continued to write until mid-2014.

Genesis of Ethereum

While writing for Bitcoin Magazine, Buterin realized that bitcoin needed to have a system for application development. When no one agreed to him, he began to develop a new platform with a more generalized scripting language. He first described Ethereum in a white paper in that later part of 2013.

During Ethereum’s public announcement in January 2014, the core of the Ethereum team was Vitalik Buterin, Mihai Alisie, Anthony Di Iorio, and Charles Hoskinson. They were the people who helped Buterin develop Ethereum from his white paper.

Official development of the Ethereum software project started with a Swiss company, Ethereum Switzerland GmbH or EthSuisse. Afterwards, a Swiss non-profit foundation, the Ethereum Foundation or Stiftung Ethereum, was also created.

Development was financed by an online public crowd sale that started from July until August of 2014, with the participants buying the Ether tokens with bitcoin.

Vitalik Buterin’s intelligence and philanthropy

In 3rd grade of elementary school in Canada, Buterin was placed into a class for exceptional children. He started to realize that he was drawn to math, programming, and economics. He also had the ability to compute numbers in his head faster than any of his peers.

In 2012, he got a bronze medal in the International Olympiad in Informatics. In 2013, he went to see developers in other countries who shared his enthusiasm for codes. He returned to Toronto later the same year and released the white paper for Ethereum.

He attended the University of Waterloo but dropped out in 2014 when he received the Thiel Fellowship award and went to work on Ethereum full-time.

Buterin, who made Ethereum, contributed more than 2 million dollars’ worth of the digital currency to the SENS Research Foundation in 2018, for their research. Buterin also gave $1 million worth of Ether, in partnership with OmiseGO payment platform, to the GiveDirectly organization for assisting the underprivileged refugees in Africa.