Vitalik Buterin shows he is just like the rest of us

Share This Post

Ethereum founder Vitalik Buterin has proven that he is a mere mortal after all. We can see from his Twitter username that Vitalik owns the ENS domain, Vitalik.eth. However, that means that we can look up this address on Etherscan to see the details of his recent transactions. The ENS address, which he has registered until 2032, resolves to the Ethereum wallet 0xd8dA6BF26964aF9D7eEd9e03E53415D37aA96045 and has a current balance of just over $5 million. Here, we discover why he may be about to lose his god-like status.

Vitalik is just like us.

First noticed by Reddit user u/UnexperiencedIT, it seems that Vitalik follows the same protocol many of us do in private. As much as we outwardly profess our love of crypto and how superior it is to fiat currency, we all do the same thing in the privacy of our wallets. We send a test transaction before sending the total amount. Moving your Ethereum balance from hot wallet to cold storage? “Better send 0.01 ETH first and begrudge that the transaction fees are almost greater than the actual amount!”

Today, we can exclusively reveal (through publically accessible blockchain ledgers, of course!) that Vitalik’s go-to test amount is 0.1 ETH. It seems the first time he interacts with any new address, it is standard practice. After that, as the image below shows, he is happy to send millions of dollars worth of crypto without a test transaction. So perhaps the man is no mortal after all.

Vitalik Buterin test transactions
Source Etherscan

He does the same thing with one of his other known wallets.

Vitalik VB Wallet
Source Etherscan

So there you have it, the next time you are flippantly about to send your monthly salary in ShibaElonSwapDoge to your cold wallet for safekeeping, remember this; even the grandfather of Ethereum sends a test transaction first. A little tip for those who like to live life on the edge regarding crypto transactions. If you use your mobile device to transfer tokens and the copy and paste function from your wallet, make sure you pay attention to the little pop-up that appears when you paste the address into your final location. Last year, developers added this feature on Android and iOS after a vulnerability in Apple’s clipboard feature. The popup will let you know that the data you are pasting has not been compromised and has come from the source you intended. Of course, you should always check the address manually, but it’s a nice feature to reduce your anxiety.

The transparency of crypto

As fun as it is to know that Vitalik has the same habits as everyone else when it comes to crypto, it does also shine a light on the beauty of crypto from another perspective. Whilst researching this piece, I dug into specific transactions in his wallet. One of the addresses where he’d sent a test transaction was labeled as Gitcoin, a web3 “community of builders, creators, and protocols”. This allows us to extrapolate how Vitalik is helping support the growth of web3 outside of simply the Ethereum ecosystem. Granted, a simple Google search could tell us this but blockchain allows us to see this information first hand in real-time. That level of transparency is something we, as human beings, are just not used to. I don’t know about you, but the little things like that make me so excited for the future of web3 and where we are going to end up.

The post Vitalik Buterin shows he is just like the rest of us appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

$200K Bitcoin? 9 AI Chatbots Predict Explosive Growth if the US Embraces Strategic Reserves

Over the past year, our newsroom has put several generative AI chatbots to the test, asking them to forecast everything from the US election to the prices of gold, silver, ethereum, and, naturally,

XRP Forms Bullish Flag Pattern: What’s Next For The Altcoin?

XRP is capturing attention across the crypto market as it forms a bullish flag pattern, a classic technical setup often signaling potential upside This development comes after a strong price surge,

Bitcoin Next Move Hinges On Critical $96,600 Region – Here’s Why

The price of Bitcoin saw no overall gain over the past week as the premier cryptocurrency continued to undergo a market correction Despite multiple upward movements, Bitcoin struggled to break past

Bitwise Pursues Approval for Groundbreaking Bitcoin Standard Corporations ETF

Bitwise, one of the largest asset managers in the US, has filed for clearance to launch an ETF tracking the performance of companies holding bitcoin as a reserve asset The instrument, called Bitwise

Shiba Inu Shows Resilience, Holds Steady Above $0.00002045 Amid Market Volatility

In the face of ongoing market volatility, Shiba Inu (SHIB) has demonstrated impressive resilience as it holds strong above the pivotal support level of $000002045 While fluctuations and market

Crypto Market Remains Greedy Despite Bitcoin Price Crash To $94,000, Is A Recovery Coming?

You could argue that the cryptocurrency market maintains its confidence despite the Bitcoin price experiencing a significant drop to $94,000 Although price action says otherwise, this confidence is