As of June 2018, Vitalik Buterin, the creator of Ethereum, is the owner of the most ETH.
This is according to a recent Tweet by Ryan Selkis, the founder and CEO of Messari, which read:
“Per @eth_classic, Vitalik holds ~334K ETH… or ~0.4% of all ETH mined to date.”
This means that Buterin owns approximately 0.4% of all ETH that has been mined since Ethereum’s inception.
With Ethereum currently being worth around $480 USD (at the time of writing), this puts Buterin’s ETH holdings at around $160 million USD.
NOTE: WARNING: Investing in cryptocurrencies, such as Ethereum, involves a high degree of risk. Before investing, please be sure to research the market and understand the risks associated with trading digital assets. Be aware that Ethereum prices can be volatile and unpredictable and can result in significant losses. When investing, always use caution and do your due diligence.
Not bad for a 26-year-old!
Of course, it is worth noting that Buterin is not the only one with a large amount of ETH. There are many others who have amassed substantial ETH holdings over the years.
For example, Joseph Lubin, the co-founder of Ethereum and founder of ConsenSys, is believed to own around 1% of all ETH in circulation. This would put his ETH holdings at around $700 million USD at current prices.
There are also a number of “whales” out there who own large amounts of ETH. These are people (or entities) who own so much ETH that their actions can significantly affect the price of ETH.
So, while Vitalik Buterin may be the current owner of the most ETH, there are others out there who aren’t too far behind him. And given the volatile nature of cryptocurrency prices, it is entirely possible that someone else could overtake him as the largest holder of ETH in the future.
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Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is one of the most popular cryptocurrencies, behind only Bitcoin in terms of market capitalization. It is often called “digital oil” because of its use in powering decentralized applications and smart contracts.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is a public blockchain-based distributed computing platform, featuring smart contract functionality. It provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM), which can execute peer-to-peer contracts using a currency called ether.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is a public blockchain-based platform that allows developers to build and deploy decentralized applications. Ethereum is one of the most popular platforms for Initial Coin Offerings (ICOs), with over 50% of ICOs using Ethereum to raise funds.
Vitalik Buterin is a Russian-Canadian programmer and writer primarily known for his work on Ethereum, an open source public blockchain platform. He is a co-founder of Ethereum and one of its lead developers. Buterin first became interested in blockchain and cryptocurrency technology in 2011 and he soon became involved in the Bitcoin community, co-founding Bitcoin Magazine in September 2011.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. In 2014, a 19-year old Vitalik Buterin, who was already involved in the Bitcoin community, realized that Bitcoin needed a scripting language for application development. He proposed the creation of Ethereum to the core developers of Bitcoin, and they agreed.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. In 2014, a 19-year-old Russian-Canadian programmer Vitalik Buterin proposed the development of a new platform with a more general scripting language that would eventually become Ethereum. The core innovation of Ethereum is that it enables developers to build decentralized applications (dapps) on its platform.
