Vitalik Buterin Titled As The world’s Youngest Crypto Billionaire

  • Ethereum currently trading at $1,980.31 USD with a volume of $14,788,397,247 USD.
  • The Beacon Chain won’t change anything about the Ethereum we use today.

At the age of 28 Vitalik Buterin, a founder of the Ethereum blockchain has become the world’s youngest crypto billionaire.

Buterin, a Russian-Canadian who was born in a small town near Moscow, is best recognized as an Ethereum founder. He was a pioneer in the field of cryptocurrency and co-founded Bitcoin Magazine in 2011. He founded Ethereum with Gavin Wood, Charles Hoskinson, Anthony Di Iorio, and Joseph Lubin in 2015. As of now, Vitalik Buterin’s total net worth is $1 billion.

The Ether token is connected to the Ethereum blockchain and used for financial services and sales of crypto-collectibles such as non-fungible tokens. Vitalik experienced a wide range of net worth in 2021 and on November 8, 2021, ETH achieved an all-time high of $4,818.08, giving his ether wallet a value of $1.71 billion. 

The gloomy market began in January 2022 and at its beginning, ETH traded at $3,683.05. But still, he continues his sustained Billionaire title. He also holds large amounts of other popular meme tokens such as $505 billion SHIB, $50 billion AKITA, and $500 billion Dogecoins.

In 2021, Vitalik Buterin gave $100 million in Shiba Inu crypto coins to the Indian COVID-19 relief fund. And following the LUNA disaster, Dogecoin and Shiba Inu are entering horrific red zones He has donated around $1 million worth of ETH to the Dogecoin Foundation. 

Buterin was nominated to Forbes 2016 Fortune 40 under 40 and 2018 Forbes 30 under 30 lists after winning the 2014 World Technology Award.

Anticipated Ethereum Merge

After meeting Bitcoin developers all over the world and understanding the currency’s possible constraints, he came up with the idea for Ethereum. With an ambitious aim to dramatically re-architect the web, he intended to create a new and enhanced version of Bitcoin scalability and applications. 

The most anticipated event in the crypto industry is “The Merge,” formerly known as Ethereum 2.0. With growing resistance to high-energy efficient PoW mining, the PoS consensus is becoming more popular among crypto enthusiasts. Since 2020, Ethereum DevOps has been on a long journey to introduce the current ETH 2.0.

Source: https://thenewscrypto.com/vitalik-buterin-titled-as-the-worlds-youngest-crypto-billionaire/