Vitalik Buterin Holds Doge, Zec, Bitcoin Cash and Even Bitcoin, 80% ETH – Trustnodes

Vitalik Buterin Holds Doge, Zec, Bitcoin Cash and Even Bitcoin, 80% ETH


Vitalik Buterin, Chief Scientist at the Ethereum Foundation, has revealed that less than 10% of the value of his eth holdings is in “BCH, BTC, DOGE, ZEC.” Presumably in that particular order.

He also holds “KNC, MKR, OMG, REP, total value <10% the value of my ETH,” he said. In addition, he is a shareholder in Clearmatics and Starkware.

Clearmatics being a startup developing “the next-generation clearing machines for financial OTC markets.” While Starkware is “developing the Full Proof Stack for the STARK zero-knowledge protocol.”

Buterin said he received a salary in the past 12 months from the Ethereum Foundation (EF), and in addition he received an undisclosed amount by a “few advisor tokens” mentioned above.

Buterin further said he has a non-financial interest in L4, which claims to be building Web3 with one of its project being counterfactual smart contracts.

He also has a non-financial interest in Plasma Group, EthGlobal, EDCON. Plasma being a Layer 2 scaling method that is still in development. EthGlobal organizes hackathons across the world, while Edcon was one of the best crypto conference of 2018.

StarkWare received a grant of $4M in 2018. L4 has also received a grant of $1.5 million, while EthGlobal has received $200,000.

It’s not clear whether Buterin was a shareholder of StarkWare when the grant was made, but he has 350,000 eth, worth circa $50 million.

That means he has less than $5 million worth of BCH, bitcoin, dogecoin and zcash, with another $5 million in KNC, MKR, OMG and Augur’s REP.

That’s presumably in addition to some $20 million in fiat from selling 30,000 eth in December 2017. How much of that remains is unclear.

Justing Drake, a somewhat new eth developer working on eth2.0, was able to top Buterin and quite considerably.

Drake said 99% of his token value is in ETH and he is paid by the EF in ETH. He leverages long ETH using ETH as collateral (MakerDAO) and he says he has close to zero fiat.

The above self-disclosure was in the context of recent complaints regarding a potential conflict of interest in Afri Schoedon being an Ethereum Release Manager while working for Parity Tech which is working on Polkadot. Schoedon now says he has quit ethereum.

Buterin said: “I’d definitely support more people actively involved in protocol decision-making making such statements” of self-disclosure.



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