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.
The largest holder of Ethereum is the Ethereum Foundation, a Swiss non-profit organization. The Foundation’s mission is to promote and support Ethereum platform and base layer research, development and education.
The Foundation holds approximately 62 million ETH, worth over $12 billion at current prices. The Foundation’s ETH holdings are spread across multiple wallets and addresses, making it one of the most decentralized organizations in the cryptocurrency space.
The Foundation’s ETH holdings are used to support various initiatives including the development of the Ethereum protocol, funding research and development projects, and supporting the Ethereum ecosystem through grants and investments.
NOTE: WARNING: Ethereum is an extremely volatile asset, and its value can fluctuate significantly in a short period of time. Before investing any funds into Ethereum, it is important to be aware of who the largest holders of Ethereum are and to do your own research on the individuals or organizations that may be involved in the investment. Additionally, it is important to not rely solely on information from any one source when making investment decisions.
The Foundation’s largest ETH holder is Vitalik Buterin, co-founder of Ethereum, who holds approximately 333,000 ETH (worth over $60 million at current prices). Buterin’s ETH holdings are held in multiple wallets and addresses, with the majority held in a personal wallet.
The second largest holder of Ethereum is Joseph Lubin, co-founder of Ethereum and founder of ConsenSys, a blockchain software studio. Lubin holds approximately 1 million ETH (worth over $200 million at current prices), which is spread across multiple wallets and addresses.
Lubin’s ETH holdings are held in multiple wallets and addresses, with the majority held in a personal wallet. The third largest holder of Ethereum is an anonymous entity known as “0x00A651D43B6e209F5Ada45A35F92EFC0De3A5184”, which holds approximately 500,000 ETH (worth over $100 million at current prices).
This entity’s ETH holdings are held in a single wallet address. The fourth largest holder of Ethereum is an anonymous entity known as “0xc09e2dcb4aeafeb60f6d276c2d067c55d4f87e21”, which holds approximately 400,000 ETH (worth over $80 million at current prices).
This entity’s ETH holdings are held in a single wallet address.
7 Related Question Answers Found
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.
Ethereum has been called a decentralized world computer, and is well on its way to becoming just that. It is a platform that allows developers to create decentralized applications (dApps) on top of it. dApps are similar to regular apps, but they are built on a decentralized network, which means there is no central point of control or failure.
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.
As of September 2019, the country with the most Ethereum is China, followed by the United States. These two countries account for more than half of the total Ethereum in circulation. Other countries with a significant amount of Ethereum include Canada, Russia, and South Korea.
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.
