At a time when the ethereum foundation 
ethereum foundation
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info@ethereum.org
Event Organiser
is facing strong criticism for its alleged failure to support its network developers, a new Ethereum-focused startup, Etheralize, which aims to promote Ethereum to institutional investors, has been launched by Vivek Raman, with the support of Ethereum Co-Founder Vitalik Buterin
Vitalik Buterin
Vitalik Buterin is a well-known tech geek, influencer, and computer programmer. To promote the blockchain, he started Bitcoin Magazine and provided blockchain information for cryptocurrency investors. In 2015, he co-founded Ethereum, a blockchain platform that contributed to decentralized finance.
Quick Facts
Full name
Vitaly Dmitrievich Buterin
Birth
31-01-1994, Kolomna, Russia
Education
University of Waterloo
Wife/Partner
To be updated / Not Married
Famous for
Ethereum, ETH, Blockchain advocate/promoter
Net Worth
$1B (refer for realtime)
Buterin recognized the need for decentralized finance and used smart contracts to publish the Ethereum whitepaper. His contributions paved the way for Ethereum's transition to Proof-of-Stake, which proved to be scalable and effective. Furthermore, he introduced Ether (ETH), the blockchain platform's native coin.
A Timeline of Vitalik’s Career
Co-founded Bitcoin Magazine (2011) – Established one of the first crypto publications, writing extensively on Bitcoin and blockchain.
Authored Ethereum Whitepaper (2013) – Proposed a blockchain with smart contract functionality for decentralized applications (dApps).
Co-founded Ethereum (2015) – Launched Ethereum after a successful $18M ICO, revolutionizing the blockchain ecosystem.
Developed Ethereum Virtual Machine (2015–2016) – Created the EVM, enabling developers to build and deploy smart contracts.
Worked on Ethereum Scalability (2017–2021) – Contributed to Layer 2 solutions like Rollups, Plasma, and Sharding.
Led Ethereum’s Transition to Proof-of-Stake (2018–2022) – Helped develop and implement Ethereum 2.0, merging the Beacon Chain in 2022.
Blockchain Research & Cryptography (2016–Present) – Focused on zk-SNARKs, privacy tech, and decentralized governance models.
Philanthropy & Crypto Advocacy (2017–Present) – Donated millions in crypto for pandemic relief, AI research, and financial inclusion.
Key Achievements of Ethereum's Co-founder
Year
Achievements
Details
2014
Thiel Fellowship
Awarded a $100,000 grant by Peter Thiel to work on Ethereum.
2018
Fortune 30 Under 30
Recognized as one of the most influential young leaders in technology.
2018
World Technology Award in IT Software
Honored for contributions to blockchain and Ethereum’s development.
2021
Time 100 Most Influential People
Recognized for his impact on the global crypto and blockchain ecosystem.
2022
Ethereum’s Transition to Proof-of-Stake
Successfully led Ethereum’s transition from Proof-of-Work to Proof-of-Stake.
Other Useful links to connect with Vitalik Buterin
Platform
Link
X (formerly Twitter)
https://twitter.com/VitalikButerin
GitHub
https://github.com/vbuterin
Ethereum Official Website
https://ethereum.org
Vitalik’s Blog
https://vitalik.ca
EntrepreneurCrypto and Blockchain Expert
and the foundation.
With big promises on the table, Etheralize’s launch is sparking plenty of intrigue. Can it deliver?
Etherealize: Ethereum’s New Institutional Arm
Officially launched on January 22, Etheralize brands itself as the “institutional marketing and product arm” of the Ethereum ecosystem. Experts believe the startup could provide the boost Ethereum needs to tackle the growing dominance of Bitcoin. Raman shared his optimism, stating, “Ethereum is the only blockchain that stood the test of time.”
He certainly stays confident.
Criticisms of the Ethereum Foundation Grow
Despite Etheralize’s promising launch, Ethereum’s community has been vocal about concerns regarding the Ethereum Foundation’s management. The community has heavily criticized the foundation’s alleged mismanagement of its $900 million Ether holdings and its failure to provide adequate support to developers.
A key concern among the Ethereum community is the network’s struggle to compete with fast-growing competitors like Solana and XRP. Over the past year, Ethereum has seen a 37.1% increase, while Solana and XRP have surged by 192% and 494%, respectively.
This growth disparity has raised questions about Ethereum’s ability to challenge its rivals.
Vitalik Buterin Responds
Vitalik Buterin, while open to constructive criticism, has firmly rejected the aggressive and destructive criticisms aimed at Ethereum’s leadership, particularly those targeting Aya Miyaguchi. Despite his defense of the foundation, the tension within the community remains palpable.
The recent resignation of prominent Ethereum developer Nick Conner, citing a leadership misalignment with the community’s desires, highlights the ongoing internal struggles. His departure adds to the growing list of concerns about the direction the Ethereum Foundation is taking.
Etheralize may be Ethereum’s new weapon, but its true success will depend on whether the network can mend its internal divisions and stay ahead of the competition.
FAQs
What is Etherealize? Etherealize is a new Ethereum startup focused on promoting Ethereum to institutional investors, acting as a marketing arm for the blockchain.
