And so you may begin to picture the level of ingenuity that birthed this highly innovative ecosystem. In this article, we will put the spotlight on the founder(s) of Ethereum and how they envisioned, conceptualized and implemented the idea of a world computer for blockchain applications.
The Crypto World Before Ethereum
When Bitcoin launched in 2009, the crypto community was focused on delivering a financial paradigm that borders on autonomy, security and decentralization. A lot of people were much more interested in how Bitcoin could evolve the financial industry so that power would be taken from central authorities and redistributed to the average individual, rather than waiting for Bitcoin to go to the moon. At that time, the spotlight was on the digital asset at the expense of the underlying blockchain technology that powers it.
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Vitalik Buterin and the Conceptualization of Ethereum
At the time, Buterin lacked the financial and computing resources to mine or buy Bitcoin. So, he opted for the next available option: work and get paid in Bitcoin. He was paid 5 BTC for each post contributed for online Bitcoin forums. He later teamed up with Mihai Alisie, another Bitcoin enthusiast, and co-founded Bitcoin Magazine in the latter part of 2011.
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From there, Buterin started playing around with Bitcoin’s underlying technology. He even contributed to a project called Colored Coins, which looked to represent real-world assets on the Bitcoin blockchain. In a little over two years after his debut in the crypto scene, Buterin had met with great minds around the world who were working on expanding the functionalities of the Bitcoin blockchain in one area or the other. He later concluded that the only viable way to evade the restrictions of the Bitcoin protocol is to build a new network from scratch with a computationally universal programming language.
Who Are the Co-founders of Ethereum?
At the early stage of development, Vitalik Buterin onboarded top developers and entrepreneurs to steer the formative stage of Ethereum. These individuals became co-founders of the project and contributed their quota to its success.
The list includes:
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Alisie, due to his previous partnership with Buterin and his expertise in economic cybernetics, was a member of the founding team of Ethereum. He was instrumental in the establishment of the Ethereum Foundation in Switzerland. He helped set up a legal framework for the pre-sale of Ether and later emerged as the vice president of the Ethereum Foundation. In 2015, Alisie set out to start his own Ethereum-based project, named Akasha.
Anthony Di lorio
Anthony Di lorio was one of the financial sponsors of the Ethereum startup. He then took a back seat after the team decided to opt for a non-profit business principle. Following his decision to opt for a passive role, Di lorio emerged as the chief digital officer of the Toronto Stock Exchange for a short while before founding Decentral, the company behind Jaxx digital wallet.
Amir Chetrit had a working relationship with Buterin during his stint at Colored Coins. Buterin asked Chetrit to join the founding team in December 2013. However, at a co-founder meeting in June 2014, other team members and Ethereum developers questioned the lack of input from Chetrit. It was at this meeting that Chetrit agreed to step down active involvement with Ethereum development while retaining his position as a co-founder.
Like Wood, Wilcke became a co-founder solely because of his programming contributions. He was working on MasterCoin when he discovered Ethereum. He began writing Google Go’s version of the platform independently. He is currently focusing on his game development studio, Grid Games.
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