Vitalik Buterin, Creator Of The Now Suddenly Rich Ethereum

Vitalik Buterin pencipta Ethereum (Zycrypto)

JAKARTA - Ethereum (ETH) was created by Vitaly Dmitriyevich Vitalik Buterin. This Russian-born man who lives in Canada is a programmer and writer. In 2018, he reportedly owned 333,520 Ether.

Ethereum's price rally in recent days touched 3,456 US dollars, making Buterin a billionaire. Buterin's wealth is predicted to reach US $ 1.09 billion (equivalent to Rp.15.75 trillion) when the price of Ether touched US $ 3,275 some time ago, as reported by Forbes on May 4, 2021.

Ether crypto has the largest market cap after Bitcoin. The capitalization of ETH is reported to have reached 376 billion US dollars. Ethereum was released by Vitalik Buterin and eight other fellow programmers in 2015.

Since the beginning of 2021, the price of Ethereum has increased significantly. However, there are a number of factors that caused Ether to skyrocket, one of which is the skyrocketing popularity of decentralized financial technology (DeFi). DeFi is intended to be a substitute for traditional financial intermediaries such as insurance and banks.

Based on a report from Pulse, data aggregator firm DeFi said that currently there is around US $ 72 billion in cash flowing in the DeFi protocol. Most of the DeFi protocols are built on the Ethereum blockchain. Not only Ethereum, Binance Smart Chain (BNB) is doing the same thing.

Who is Vitalik Buterin

Vitaly Dmitriyevich "Vitalik" Buterin was born in Kolomna, Russia in 1994 ago. Vitalik and his family chose Canada as their place of residence. Buterin turned 18 in 2012. At that time, he and Mihai Alisie were working as writers for cryptocurrency magazine Bitcoin Magazine.

Buterin was awarded the Thiel Fellowship in 2014. From this award he received a total of 100,000 US dollars. The money is awarded to young people under 23 years of age to encourage their interests outside the world of school.

The funds were provided by one of the founders of PayPal and also an early Facebook investor, Peter Thiel.

Last week, Vitalik Buterin was also reported to be carrying out charity activities by donating Ether, which is worth 600,000 US dollars to fight the spread of the corona virus that is exploding in India.