Buetlin, born in 1994, is a Russian kid who has vowed to use blockchain to disrupt the real economy. His new blockchain platform, from technology giants IBM and Samsung to investment banks Barclays and Credit Suisse, is vying for his expertise.
I started programming at the age of 4, and developed games by myself when I was 12. At the age of 17, his father introduced Him to bitcoin, a novelty he had discovered.
When he was 20, he beat Zuckerberg to the World Technology Prize. He wrote a part-time article at Bitcoin Weekly about Bitcoin’s technological development and potential. He later established himself as an opinion leader by founding And writing Bitcoin Magazine.
After graduating from high school, Butlin entered the University of Waterloo in Canada, which is famous for computer science, but dropped out after just eight months to embark on a journey that his father was happy to see come true.
In 2013, when the bitcoin exchange rate exploded from around $10 the year before to a peak of $11.49, Bulin’s previous bitcoin windfall suddenly became his first gold. In this way, he visited Bitcoin developer communities in the United States, Spain, Italy, Israel and other countries to participate in Bitcoin’s transformation work (Bitcoin 2.0), and Bitcoin’s applications outside of cryptocurrencies became clearer because of his participation.
Buetlin won the 2014 World Technology Prize for his work on Bitcoin 2.0, edging out Facebook founder Mark Zuckerberg, but he also saw limitations in bitcoin’s design that could not be overcome.
He hopes to develop a common platform on which all developers can build their own blockchain-extending applications, a precursor to “ethereum smart contracts”.
Bulin insisted that Ethereum should be owned by everyone and not owned by a single company, so the development process was not open to venture capital. In July 2014, the Ethereum Project launched a crowdsale of Ether, at which time one bitcoin could be exchanged for 2,000 Ether coins. The result was a huge hit, selling more than 7 million Ethereum coins in 12 hours and raising 31,000 bitcoins ($18.4 million) for the Ethereum team during a 42-day crowdfunding campaign.
In order to remedy the problem of capital security, the rules were changed by tough means. The hack knocked $50 billion off ethereum’s market value at one point. In order to get the stolen money back, Butlin and the DAO members decided to ignore the old blocks and create new ones. This decision is tantamount to breaking the original intention and principle that blockchain cannot be responded to or tampered with, which has naturally triggered many disputes.
In the face of an onslaught of questions and concerns, Butlin kept his usual flat, unemotional tone, reporting on ethereum’s current state and future. Regardless of whether the outside world agrees or not, he will immediately put his plans into practice in line by line of programming language. ‘We want to create a technology that allows people to explore and create lots of interesting things,’ Mr. Buetlin said. Ethereum, only a year old, has successfully called on blockchain developers of all kinds to create the future they imagine.
Think about other people’s 20 years old, then look at my 20 years old, the gap is not generally large, but in any case, God gave the world a V god, lamenting the injustice of creation, but also looking forward to this boy can change the world, create a real legend!
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