Many people were much more interested in how Bitcoin could develop the financial sector so that power was taken by central authorities and redistributed to the average individual. At the time, the highlight was on the digital asset at the expense of the underlying blockchain technology that powers it.
However, the more people began to understand how Bitcoin works, the more they began to envision other possibilities. Some have worked to add more functionality to the Bitcoin blockchain, while others have tried to create their own variation of a decentralized network. Regardless of the approach used, the vast majority of developers have kept the original base code and architectural composition of the Bitcoin network. The apparent disadvantage of this widely adopted approach is that Satoshi Nakamoto's Bitcoin does not use a full Turing programming language capable of hosting a dynamic implementation of functions.
Due to Bitcoin's infrastructure, most attempts to improve the Bitcoin network have come to an unsurprising conclusion. Then came a 19-year-old teenager named Vitallik Buterin, who invented a way to get around the limitations of the Bitcoin protocol so that the blockchain became the building block for a wide range of applications, even beyond the financial sphere.
Buterin, a Russian-Canadian programmer, first heard about his father's Bitcoin in 2011. He was 17 at the time and downplayed the idea of Bitcoin due to its lack of intrinsic value. At the time, Buterin lacked the financial and computer resources to mine or buy Bitcoin. He received 5 BTC for every post contributed to Bitcoin's online forums. He later joined Mihai Alise, another Bitcoin enthusiast, and co-founded Bitcoin Magazine in late 2011.
From there, Buterin began playing with Bitcoin's underlying technology. In just over two years since his debut in the crypto scene, Buterin has met great minds around the world who have been working to expand the capabilities of the Bitcoin blockchain in one area or another.
This moment of truth gave rise to the idea of Ethereum. And in less than four weeks, it had the foundation for what would become the second most valuable crypto ecosystem. Buterin released the Ethereum white paper in November 2013 and it has resonated with many Bitcoin supporters.
Who are the co-founders of Ethereum?
In the initial development phase, Vitalik Buterin integrated leading developers and entrepreneurs to lead the Ethereum training phase. These individuals became co-founders of the project and contributed their share to its success.
L'elenco include:
Mihai Alisie
Alise, thanks to her previous collaboration with Buterin and her experience in economic cybernetics, was a member of the founding team of Ethereum. He was instrumental in setting up the Ethereum Foundation in Switzerland. He helped establish a legal framework for the pre-sale of Aether and later emerged as Vice President of the Ethereum Foundation. In 2015, Alise decided to start her Ethereum-based project called Akasha.
Anthony Di Lorio
Anthony Di Lorio was one of the financial sponsors of the Ethereum startup. So it took a back seat after the team decided to go for a nonprofit business principle.
Amir Chetrit
Buterin asked Chetrit to join the founding team on 12/2013. However, at a co-founders meeting in June 2014, other Ethereum team members and developers questioned Chetrit's lack of input. It was at this meeting that Chetrit agreed to forgo active involvement in Ethereum's development, maintaining its position as co-founder.
Charles Hoskinson
Hoskinson emerged as the CEO of the Ethereum startup in December 2013 just for him to press the exit button after the team decided to promote a nonprofit architecture for the organization. This prompted Hoskinson to create his own version of a programmable blockchain ecosystem called Cardano. The platform is currently considered to be a major blockchain rivaling the Ethereum throne.
Gavin Wood was a major contributor during the first phase of Ethereum development. He obtained the position of co-founder thanks to his contributions to programming. He created the first test of Ethereum and even published the yellow project document, the technical specifications of the original white paper published by Buterin. Wood also proposed the ecosystem's native programming language, Solidity. Wood is currently busy working on the Web3 Foundation and its flagship product, the Polkadot.
Jeffrey Wilcke
Like Wood, Wilcke became a co-founder only through his contributions to programming. He was working at MasterCoin when he discovered Ethereum. He started writing the version of the Google Go platform independently. He is currently focusing on his game development studio, Grid Games.
Joseph Lubin
Before joining the Ethereum team, Joseph Lubin has accumulated extensive experience in various fields. He later launched his for-profit company, ConsenSys, which serves as an incubator for blockchain startups looking to use the Ethereum ecosystem. He has also been influential in some of the high-level partnerships Ethereum has formed over the years.
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