This is Vitalik Buterin.
Dropped out of college.
Built a $300B empire from code and changed the crypto industry forever.
And saved crypto from a $100B collapse.
The move Vitalik made that Ethereum can’t afford to forget: 🧵
Let’s go back to the beginning.
Vitalik grew up in Russia.
His family moved to Canada to live a better life.
He loved math and spent a lot of time coding.
He was meant for great things.
He became very interested in Bitcoin.
He started writing for Bitcoin Magazine.
However, he noticed its limitations.
He wanted something bigger and smarter.
That’s when Ethereum was created.
Fast forward to 2015.
Vitalik created Ethereum.
Today, it is worth $300 billion.
He introduced smart contracts and dApps.
He is a leading figure in crypto, with a net worth of $1 billion.
Ethereum grew quickly.
However, there was a problem.
Energy use was very high.
Miners were gaining too much power.
Vitalik noticed the crash was coming.
Miners weren’t the only issue.
Centralisation was becoming more common.
A few people held too much power.
Vitalik’s decentralized dream?
It was at risk.
Vitalik took action.
He pushed for the Merge.
This switched the system from PoW to PoS.
Miners and developers were upset.
They thought he would ruin everything.
In September 2022, the Merge took place.
Energy usage dropped by 99.95%.
There were no bugs or chaos.
Regular users regained power.
Vitalik proved his critics wrong.
Vitalik is not just focused on technology.
He donated billions.
He donated $1.14 billion to India's COVID fund.
He contributed $2.4 million to research on life extension.
He makes significant contributions to help others.
Some people still criticize him.
They say Ethereum is too centralized.
But the Merge?
It saved crypto from a $100 billion disaster.
Vitalik is always ten steps ahead.