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Unrevealed Facts About Ethereum’s Co-founder, Vitalik Buterin

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Unrevealed Facts About Ethereum’s Co-Founder, Vitalik Buterin
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  • Vitalik Buterin was one of the founders of the Ethereum blockchain.
  • Vitalik wrote Ethereum’s white paper at the age of 19.

Vitalik Buterin is not an unfamiliar name in the global crypto scenario. He is one of the masters behind the open-source blockchain technology, Ethereum. The massive adoption of the platform’s native cryptocurrency, ETH, created the name ‘Vitalik’ popular in the crypto world. Currently, Ethereum (ETH) is the most prominent coin and leader in the market following Bitcoin (BTC). 

Vitalik Buterin is commonly known as Ethereum’s co-founder. But there are numerous interesting facts about the young crypto billionaire that may be unknown to most people. 

Know the Man Behind Ethereum 

Vitalik was born in Russia in January 1994. When he was six years old, his parents left Russia and migrated to Canada, in search of better job possibilities. During his school days, he developed an interest in mathematics, programming, and economics. Vitalik immediately understood that his unique abilities and skills made him somewhat of an outcast among his friends and even teachers while in the program.

At the age of 17, Buterin learned about Bitcoin from his father, that was the turning point in his life. His Bitcoin obsession and purpose of BTC earning forced him to attend numerous crypto projects. Buterin started writing for a publication named ‘Bitcoin Weekly’ in 2011, to earn the coin. In the same year, he co-founded the publication named ‘Bitcoin Magazine’, which started printing in 2012.

The concept for Ethereum was born after meeting some Bitcoin developers on his travels and learning about the currency’s numerous restrictions. Before the project’s launch, the introductory paper was published by Buterin in 2013. He wrote a white paper for Ethereum, at the age of 19.

Vitalik got the name Ethereum from the word, ‘Ether’ after browsing Wikipedia, T scientists believed ether was a substance that is transparent, weightless, frictionless, undetectable chemically or physically, spreading through all matter and space. 

Ethereum is currently underway for a new upgrade called Ethereum 2.0 to increase transactions per second. 

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Crypto Community Predicts Polygon (MATIC) To Rise Nearly 20% By October 31

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Members of the crypto community have cast their ballots, so to speak, and now we’ll find out whether or not their forecast was accurate.

The consensus of the cryptocurrency market predicts a 20% increase in MATIC prices before the month ends, as reported by CoinMarketCap’s price prediction metrics.

This fairly optimistic forecast from the community suggests a high level of faith in both the token and the ecosystem.

Good news has recently hit the Polygon community thanks to a tweet from the official Polygon Twitter account announcing a new collaboration with the trading platform Robinhood.

Will Robinhood Team-Up Bring Good Results?

The tweet suggests that Robinhood has teamed up with Polygon to offer a bitcoin wallet service. FThe Robinhood Wallet app is built with DeFi in mind.

According to Polygon’s blog post, the Robinhood Wallet is a self-custody wallet, meaning that its owner has complete discretion over their cryptocurrency holdings.

Robinhood has made other forays into the cryptocurrency market, so this isn’t their first venture.

From its inception in 2018, it has been actively involved in the crypto industry, with Bitcoin and Ethereum being the first coins to be freely traded on the platform at no cost to traders. The change began in a select number of states.

By 2021, the trade of crypto assets has expanded across the whole United States, with the exception of Hawaii and Nevada.

The trading platform supports 11 cryptocurrencies, including Bitcoin and Ethereum. It also facilitates the trading of alternative cryptocurrencies, similar to Polygon’s MATIC token.

With over 37,000 decentralized applications available on Polygon’s platform, it will undoubtedly aid Robinhood’s most ambitious cryptocurrency endeavor. But how did investors and traders of Polygon respond to the news?

Rally In The Offing For Crypto?

As of this writing, MATIC is trading at $$0.778741, down 0.1 percent in the last seven days, data from Coingecko show, Saturday.

Currently, the token trades between the 50 Fib level ($0.6876) and the 61.80 Fib level ($0.7761).

The present support line lies at $0.7252, which is essential because this will be the support line the bulls can rely on if things go south.

If the price reaches the 61.80 Fib level again, we can expect a slight correction if there is sufficient buy demand.

Investor confidence is high as Polygon presses forward with its Robinhood relationship, given the community projection of a near 20% price increase.

MATIC total market cap at $6.8 billion on the daily chart | Source: TradingView.com

Featured image from VOI, Chart: TradingView.com

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Solana Outage Becoming a Recurring Event Worrying Investors

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Solana Achieves 100 Billion Transactions Milestone
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