Ethereum Creator Vitalik Buterin Reveals his Crypto Holdings which Include Dogecoin, Bitcoin cash (BCH), Zcash (ZEC) and others

On a Reddit AMA session published on February 18th, the Creator of Ethereum (ETH) Vitalik Buterin and other Core developers disclosed their Cryptocurrency holdings.

Hudson Jameson from the Ethereum Foundation posted a thread named “Ethereum Leadership and Accountability” where the core developers and researchers had a dialogue with the ETH community and shared their Cryptocurrency holdings to share any conflict of interests.

A majority of Vitalik’s holdings are in Ethereum (ETH), he also disclosed the non-Ethereum tokens he holds which include:  Bitcoin Cash (BCH), Bitcoin (BTC), Dogecoin (DOGE), Zcash (ZEC) representing less than 10% of his ETH holdings.

He also holds small-cap tokens including the decentralized exchange token Kyber Network (KNC), the decentralized stable coin governance token Maker (MKR), decentralized payment network platform OmiseGo (OMG) and Decentralized Prediction marketplace (REP) which combined constitute less than 10% of his ETH holdings.

Vitalik is also an advisor and shareholder in two startups: Clearmatics which is developing clearing machines for OTC markets and StarkWare which is working on STARK zero-knowledge protocol. Buterin also discloses that he has a non-financial interest in “some non-token Ethereum ecosystem orgs (eg. L4, Plasma Group, EthGlobal, EDCON) and non-token non-Ethereum orgs (mainly professional cryptography and economics circles)”

Other core researchers like Justin Drake and Martin Swende also disclosed their Crypto holdings and financial interests. Drake said that 99% of his holdings are in Ethereum which he also uses as collateral on Maker Dao. Martin disclosed that 95-99% of his holdings are in Ethereum and the rest in Bitcoin (BTC), Zcash (ZEC), SIA and some other Eth related tokens.

Recently Afri Schoedon who was a long time Ethereum developer quit working on ETH and left the community, the developer decided to leave after getting caught up in a controversy which started with a meme he posted Twitter about a third party Blockchain solution Polkadot.

The self-disclosure of the financial interests especially of the major figureheads in the community who are responsible for some of the key decisions is definitely a step in the right direction.

Also Read:


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Shrikar Parashar

Shrikar is a Blockchain evangelist. He is a die-hard fan of security tokens. He follows the market closely but does not trade. He believes in Hodling.

Share
Published by
Shrikar Parashar

Recent Posts

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

2 months ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

2 months ago

zkCross Network: Simplifying DeFi Complexity and Achieving Fundraising Success

Did you know that 85% of DeFi value is concentrated in six blockchains?  DeFi is…

2 months ago

Don’t Miss Out: Get $CLP Tokens in the Exclusive RWA IDO Now!

CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…

3 months ago

Step into the Future of Web3 at Blockchain Futuristic Conference 2024, August 13-14

Join us at BFC 2024 to explore the future of Web3. Use a special discount…

4 months ago

WebX Asia 2024: Web3 Innovation Ignites in Tokyo

Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…

4 months ago