'We are a community.' VitalikButerin on the transformative power of Ethereum
persuading friends to bring over beer in exchange for Ether IOUs—Buterin mostly kept to himself, coding away on his laptop, according to Laura Shin’s. Over time, it became apparent that the group had very different plans for the nascent technology. Buterin wanted a decentralized open platform on which anyone could build anything. Others wanted to use the technology to create a business.
“There were even times at the beginning where I was negotiating down the percentages of the Ether distribution that both myself and the other top-level founders would get, in order to be more egalitarian. That did make them upset.”Buterin says the other founders tried to take advantage of his naiveté to push through their own ideas about how Ethereum should run.
It’s not hard to see why. Buterin still does not present stereotypical leadership qualities when you meet him. He sniffles and stutters through his sentences, walks stiffly, and struggles to hold eye contact. He puts almost no effort into his clothing, mostly wearing Uniqlo tees or garments gifted to him by friends. His disheveled appearance has made him an easy target on social media: hefrom online hecklers who said he looked like a “Bond villain” or an “alien crackhead.
For years, Buterin has been grappling with how much power to exercise in Ethereum’s decentralized ecosystem. The first major test came in 2016, when a newly created Ethereum-based fundraising body called the DAO was hacked for $60 million, which amounted at the time to more than 4% of all Ether in circulation.
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