Categories: Ethereum

Ethereum’s Buterin Awared Honorary Doctorate from the University of Basel

Click here to view original web page at coinjournal.net

Vitalik Buterin has received an honorary doctorate from the University of Basel due to his “outstanding achievements in the fields of cryptocurrencies, smart contracts and the design of institutions.”

The Faculty of Business and Economics awarded the doctorate to the 24-year-old. The announcement of Dr Buterin was made on the university’s Twitter page earlier today. It noted that the Russian-Canadian programmer:

“…makes ground-breaking contribution to promoting decentralisation and equal participation in the digital revolution. He is an exceptionally creative and innovative thinker who has been instrumental in shaping the digital revolution from an early age.”

Aleksander Berentsen, professor of economic theory, noted Buterin’s response to being awarded his doctorate online. Buterin said:

“I’m honored to have received an honorary doctorate from the University of Basel, the oldest University of Switzerland. Switzerland is well known for its innovative blockchain research.”

It was on the 5th December, 2013 that the Ethereum whitepaper was first released. The paper, “Ethereum: A Next Generation Smart Contract & Decentralized Application Platform,” has only been around for nearly five years. However, in that time, it has managed to create a platform for decentralised software applications.

Some of the applications and platforms already built on Ethereum include Metamask, Civic, the Ethereum Name Service, Golem, Decentraland, Ethlance, the Bounties Network, Gnosis, Ujo, CryptoKitties, FunFair, AirSwap, Bancor, MakerDAO, 0x, and Melonport, to name but a small few.

Yet around the world many more are being developed, with developers working on the next decentralised applications to further demonstrate the potential of Ethereum.

The creation and launch of CryptoKitties was the first dApp that highlighted the need for Ethereum to find a solution to scale. Back in December, it was reported that the virtual cat game accounted for around 13 per cent of the network’s transactions, meaning that initial coin offerings (ICOs) were unable to launch on its protocol due to congestion.

Despite this, though, work continues on the network, with developers working on Ethereum 1x, which is reported to help increase scaling.

The […]

cinerama

Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Share
Published by
cinerama

Recent Posts

Bitcoin Is Up Against An Extremely Important And Powerful Resistance Zone On The Monthly Chart: The Kijun-Sen (Base Line)

We can identify the price action causes of why price is finding it difficult to move higher by analyzing longer… Read More

5 hours ago

BTC ATM goes missing and no one notices

When you think of thieves stealing an ATM, the mind jumps to the idea of an exciting crime. Maybe there’s… Read More

5 hours ago

Major Swedish Bank Orders Negative Interest Rate on Euro Deposits

Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark… Read More

5 hours ago

Researchers Concur Current Bitcoin Market Cycle is Only Just Beginning

Bitcoin price cycles can be influenced by a number of factors, FOMO and public sentiment is one, and mining profitability… Read More

5 hours ago

Hopes for Bitcoin as China’s Renminbi Drops to 11-Year Low

A recent plunge in the bitcoin price is looking to negate some of its losses as China’s currency weakens to… Read More

5 hours ago

Why Bitcoin Rules in the ‘Insane’ World of Negative Interest Rates

Central banks around the world are on a negative rate binge to further a compelling case for bitcoin.. | Source:… Read More

5 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More