Project to Turn Bitcoin Into an All-Powerful Programming Language Raises $15M | WIRED

BY ROBERT MCMILLAN   09.10.14  |   6:30 AM  |   PERMALINK

A year ago, Vitalik Buterin was a teenaged college dropout dabbling in the bitcoin digital currency. Now, he’s the founder of a futuristic programming project that just got backed to the tune of $15 million.

The project is called Ethereum—an effort to transform the kind of technology used in bitcoin into something that can help you build, well, anything—and after a two-month Kickstarter-style crowdfunding campaign, it has raised 30,000 bitcoin, or close to $15 million at today’s bitcoin prices. According to Buterin, Ethereum could represent the future of the blockchain—the cryptographically backed distributed public ledger that drives bitcoin—and apparently, many others agree with him.

via Project to Turn Bitcoin Into an All-Powerful Programming Language Raises $15M | WIRED.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s