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Vitalik Buterin received a doctorate from the University of Basel

ICO-NEWS-Vitalik-Buterin-received-a-doctorate Vitalik Buterin | Co-founder of Ethereum

Co-founder of Ethereum, Vitalik Buterin received a doctorate from the Faculty of Business and Economics at the University of Basel for his invaluable contribution to the development of the blockchain technology. The presentation took place on November 30 at the Dies Academicus, the annual celebration in honor of the founding of the university.

Professor Aleksander Berentsen, dean of the Faculty of Business and Economics, noted that "Buterin's innovations changed the rules of the game," and his contribution "was the beginning of the path that science and industry followed when they started to work together."

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Cryptocurrency avalanche: why the ICO market is growing so fast

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The Initial Coin Offering (ICO) market is new and relatively small. In 2016, the world spent an ICO of $ 103 million, if you do not take into account the hacked and canceled ICO project The DAO. In the same year, the world market of venture investments amounted to $ 127 billion. Meanwhile, according to the portal CoinDesk, for the first half of 2017, ICO was held in the world for $ 1.13 billion, of which $ 797 million was in the second quarter. The results of the second half of the year promise to be even more impressive.

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Vitalik Buterin co-authored a new protocol for interactive ICO

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A new White Paper has been published with a detailed description explaining the potential transformation of the protocol for the initial sale of coins (ICO). The draft protocol, whose aspiration to create a "balance" between closed and untested sales of tokens, is represented by the joint efforts of the founder of the Ethereum Vitalik Buterin and the developer Jason Teutsch, who is the creator of the project to scale up the TrueBit smart contracts.

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