Codon ether Blockchain The Ethereum platform surpassed the value of $3,000 for the first time this week on several major cryptocurrency exchanges such as Coinbase and Bybit, and has risen by as much as 325% since the beginning of the year. One of its founders, Vitaly “Vitaly” Buterin, was only 27 years old and became a billionaire.
>>Ethereum exceeds the value of $3,000 for the first time
According to the American Business Journal, Buterin has not become the youngest billionaire at all, but he is in the cryptocurrency field Forbes. From his public encrypted account, it can be clearly seen that Buterin is now a billionaire, in which he currently owns 333,521 ETH (ETH), which is equivalent to one billion and 162 million U.S. dollars.
The current market value of Ethereum is as high as US$376 billion, making it the world’s second-largest cryptocurrency after Bitcoin-the market value of which has not yet reached US$1.08 trillion. According to CoinMarketCap’s data, the total value of its circulating ethereals is currently close to 403 billion U.S. dollars.
This year, the value of ethera has soared, mainly due to the increasing popularity of decentralized financial transaction (DeFi) applications, which are gradually replacing traditional financial intermediaries such as banks and insurance funds.
But Ethereum is particularly popular as a currency for buying and selling non-fungible tokens (NFT). This is a new online trend that turns digital art and other artifacts into unique items with real digital signatures for buying and selling. In addition, the online cryptocurrency exchange Coinbase was listed on the American Stock Exchange, driving the cryptocurrency craze, with a market value of $85 billion. Ethereum currently processes more than one million transactions per day.
Although there are currently dozens of cryptocurrencies, Ethereum and Bitcoin currently account for nearly two-thirds of this large market, with a total value of US$2.3 trillion. CNN.
This young Russian with Canadian nationality was born in 1994 in Kolomna, a small town near Moscow, but immigrated to Canada with his family when he was six years old. Just 15 years later, in 2015, Buterin launched Ethereum. Since then, Ethereum has become the world’s second largest cryptocurrency.
Before setting foot in the world of cryptocurrency, Buterin was a passionate little gamer who has been playing the highly sought after online multiplayer game “World of Warcraft” for many years. He said that after Blizzard deleted his favorite spell in the game, he gave up.
“I fell asleep and cried, realizing what the horrible centralized service could bring that day,” he wrote in his biography Cypherhunter.com.
Then, he continued: “In 2011, looking for the meaning of life”, he discovered Bitcoin.
“At first I was skeptical. I didn’t understand how valuable (Bitcoin) without a physical background would be. But I gradually became more and more interested. I founded Bitcoin Magazine. I entered the University of Waterloo in 2012, but in In 2013, I realized that encryption projects take 30 hours a week, so I signed. Traveling around the world, researching many encryption projects, and finally realized that all the content is only for specific applications and not too versatile-this It is the origin of Ethereum. Since then, my life has revolved around it,” Buterin wrote.
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