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1. Beginner Course

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  1. 1. What are these cryptocurrencies?
  2. 2. Bitcoin - the story of a technological revolution
  3. 3. Satoshi Nakamoto, who is the creator of Bitcoin?
  4. 4. Vitaly Buterin – the creator of Ethereum
  5. 5. What is blockchain, and how does it work?
  6. 6. What is an NFT token?
  7. 7. What is money?
  8. 8. Cryptocurrencies vs fiat money, which will win?
  9. 9. What is DeFi (Decentralized Finance)?
  10. 10. DeFi: opportunities, advantages and disadvantages of decentralized finance
  11. 11. What is an altcoin?
  12. 12. Stablecoins - What are they?
  13. 13. Cryptocurrency wallet - what is it?
  14. 14. Why do we talk about bull and bear markets?
  15. 15. Security in the crypto market - what rules are worth following?
  16. 16. What is the seed phrase in cryptocurrencies?
  17. 17. Dogecoin and memecoin - what are they?
  18. 18. What is a Ponzi scheme?
  19. 19. What is a Soft and Hard Fork?
  20. 20. Blockchain - examples of use
  21. 21. Is blockchain safe?
  22. 22. What are the types of blockchain networks?
  23. 23. What is blockchain network congestion, and how does it work?
  24. 24. Cryptocurrency wallets: Hot Wallet vs. Cold Wallet - key differences!
  25. 25. Cryptocurrency wallet diversification
  26. 26. Halving Bitcoin - what is it, and how does it affect the price?
  27. 27. Blockchain versus databases: key differences!
  28. 28. How do you transfer cryptocurrencies?
  29. 29. The most important cryptocurrency acronyms/slang you need to know!
  30. 30. The memecoin story: madness or great investment?
  31. 31. What is Ethereum? 
  32. 32. Everything you need to know about gas fees in Ethereum!
  33. 33. Gavin Wood: Blockchain Visionary and Co-Founder of Ethereum
  34. 34. Decentralized Apps – what are they?
  35. 35. What is Proof of Work (PoW) and what is Proof of Stake (PoS)?
  36. 36. What is the Proof of Authority (PoA) consensus mechanism?
  37. 37. What is Proof of Burn (PoB)?
  38. 38. What is a whitepaper? What is its purpose, and how do you write it?
  39. 39. Smart Contracts - what are they?
  40. 40. Know your customer (KYC) and Anti-money laundering (AML) what are they in the cryptocurrency industry?
  41. 41. Blockchain and NFT games - how to make money on them?
  42. 42. Liquidity in the cryptocurrency market
  43. 43. Inflation and its effects on financial markets
  44. 44. What is stagflation and why does it have a negative impact on the market?
  45. 45. What are utility tokens and what use do they have in the cryptocurrency sector?
  46. 46. What is cryptocurrency mining?
  47. 47. What is the mining difficulty?
  48. 48. What is compound interest, and how does it work?
  49. 49. What Are Privacy Coins and Are They Legal?
  50. 50. What is CBDC - central bank digital money?
  51. 51. What is Cryptocurrency Airdrop all about?
  52. 52. Key differences between ICO, IEO and STO
  53. 53. What are decentralized DAO organizations, and how do they work? What are DAO tokens?
  54. 54. What is EURT? How does it work?
  55. 55. What is the difference between Circulating Supply and Total Supply?
  56. 56. Snapshot from the world of cryptocurrencies - what is it?
  57. 57. What is the Fear and Greed index for cryptocurrencies?
  58. 58. APR versus APY: what is the difference?
  59. 59. What is an Initial Farming Offer (IFO)?
  60. 60. What is Regenerative Finance (ReFi)?
  61. 61. Who Is Craig Wright, the Alleged Creator of Bitcoin?
  62. 62. What Is Bitcoin (BTC.D) Dominance?
  63. 63. Michael Saylor, Self-Proclaimed Bitcoin Maximalist
  64. 64. Bitcoin Pizza Day
  65. 65. AI blockchain - a new look into the future?
  66. 66. What is WorldCoin? Everything you need to know about this cryptocurrency!
  67. 67. Azuki NFT collection guide: everything you need to know about it!
  68. 68. The 10 most expensive non-fungible tokens (NFTs) ever!
  69. 69. The Bored Ape Yacht Club (BAYC) - the story of the popular NFT collection!
  70. 70. CyberPunks - the story of the most popular NFT collection in the crypto industry!
  71. 71. NFT Art: The digital art revolution - history and examples!
  72. 72. Who is Changpeng Zhao, CEO of Binance?
  73. 73. Who is Brian Armstrong - CEO of Coinbase?
  74. 74. Who is Galy Gensler and the SEC? How does the Securities and Exchange Commission (SEC) affect the cryptocurrency market?
  75. 75. Web3's most popular social media platforms! Will they replace the platforms we know?
  76. 76. What is IoT - the Internet of Things?
  77. 77. On-chain analysis in the cryptocurrency world: Everything you need to know about It
  78. 78. Can you pass on your cryptocurrencies after death? How do you pass on a cryptocurrency inheritance?
  79. 79. What is the Howey test? What application does it have in cryptocurrencies?
  80. 80. The use of blockchain technology in the world of sport
Lesson 33 of 80
In Progress

33. Gavin Wood: Blockchain Visionary and Co-Founder of Ethereum

Blockchain is a revolutionary technology that transforms the way we think about finance, decentralized applications, and decentralization. In this fascinating journey through the world of blockchains, we cannot overlook a figure like Gavin Wood – one of the most important architects of this technology and a co-founder of the Ethereum platform.

Early life and education 

Gavin Wood was born in 1980 in the United Kingdom. His passion for programming and computers blossomed at an early age. In 2002, he graduated from the University of York, where he earned a master’s degree in engineering. Furthermore – you might not have expected it – but this outstanding programmer obtained a Ph.D. in philosophy in 2005!

Gavin Wood has been professionally active since 2000. He worked in many corporations, gaining valuable programming-related experience. However, the year 2013 was a turning point in his career. It was then, along with Vitalik Buterin, that he founded the Ethereum platform and developed the programming language known as Solidity.

Ethereum: Gavin Wood, co-creator of a groundbreaking platform
In the world of cryptocurrencies and blockchain technology, Gavin Wood became well-known for his role in co-creating Ethereum. In 2013, he, along with Vitalik Buterin and other creators, founded the Ethereum project. Their goal was simple: to create a platform that enables the creation of smart contracts and decentralized applications. Wood also played a crucial role in developing the programming language, Solidity, which is used to create smart contracts on the Ethereum platform.

It’s through Ethereum that Wood became renowned as a creator and blockchain theorist. His “Yellow Paper,” a document describing the technical details of Ethereum, became a fundamental source of knowledge for anyone interested in this technology.

Gavin Wood worked for the Ethereum Foundation until 2015. Interestingly, during his collaboration with Vitalik Buterin, he also worked on smart contracts, the Web3 network, and the Proof-of-Authority consensus mechanism.

Fun Fact 1: In 2015, Gavin Wood founded Grid Singularity, a platform designed for data exchange and management in a decentralized form.

Fun Fact 2: In 2017, the co-founder of Ethereum established the Web3 Foundation, which supports applications and protocols based on the Web3 network. It is from this foundation that Wood developed Polkadot and Kusama.

Parity Technologies: Innovations in the blockchain 

World After the success of Ethereum, Gavin Wood founded Parity Technologies, a company specialized in developing blockchain-related software. One of their projects is Parity Ethereum, a popular Ethereum client that allows users to run full nodes on the Ethereum network. Interestingly, Parity also served as a blockchain infrastructure platform with full interoperability, enabling the Polkadot ecosystem.

Polkadot – an unconventional future for blockchain 

Gavin Wood continued his mission to revolutionize blockchain by creating the Polkadot project. Polkadot is a platform designed to enable interoperability between different blockchain networks. This technology allows entirely different networks to collaborate, opening the doors to more complex and scalable blockchain applications.

Gavin Wood was the lead developer for Polkadot. Equally important, Wood was responsible for the re-denomination of DOT tokens. He assisted both the project and the community in a notable battle with exchanges that listed new DOT tokens for users even before their re-denomination.

Boldly, we can say that it was thanks to Gavin, in those times, that Polkadot dominated the blockchain and crypto staking scene.

Not surprisingly, after such success, Gavin Wood focused on various initiatives to facilitate the development of Polkadot. He primarily focused on Substrate 3.0, which aimed to provide full compatibility between Ethereum and Polkadot.

Kusama – Polkadot’s brother 

Kusama is also a project created by Gavin Wood, designed to be a test network for Polkadot. This is where developers can test their ideas and chains before deploying them on the Polkadot network. Official updates that are set to take place on the main chain, Polkadot, are first tested on Kusama.

Visionary and leader – the missing Satoshi Nakamoto? 

Gavin Wood is considered a blockchain visionary and a leader in the development of decentralized technologies. His contributions to Ethereum, Parity Technologies, Polkadot, and Kusama are invaluable to the entire blockchain community.

His achievements also suggest that he is a talented software engineer and blockchain innovator. It’s no wonder that some people speculate that he may be the creator of the flagship cryptocurrency, Bitcoin.

The evidence supporting this idea is truly intriguing. Let’s have a closer look at it:

  1. When the Bitcoin whitepaper was published, Gavin Wood had been in the industry for nearly a decade. What does that mean? It means he had the experience and capability to write the Bitcoin whitepaper.
  2. His work on Ethereum and Polkadot demonstrated that Gavin Wood is a capable developer who can build valuable and complex networks.

However, it’s important to note that these are only clues. Gavin Wood himself claims that he had no interest in cryptocurrencies until 2013, which is several years after the publication of the Bitcoin whitepaper.

Where is Gavin Wood now? 

Undoubtedly, he is one of the most significant figures in the cryptocurrency sector. He conducts seminars and represents digital assets on a global scale. He appears at conferences, and most importantly, he willingly shares his experience with others. Furthermore, he even speaks at law schools about the intersection of law and technology.

In conclusion 

Gavin Wood is a figure who has left an indelible mark on the history of blockchain, Ethereum, and Polkadot. His work and projects have contributed to the development of blockchain technology as a whole and have opened up new possibilities for decentralization, interoperability, and innovation. His passion for computers and technology has also led to the creation of tools that are transforming the face of finance and applications on a global scale.

Fun Fact 3: Gavin Wood speaks Italian, Spanish, French, and some Romanian.

Fun Fact 4: He is the creator of the game Milton Keynes and the voting system Localized Proportional Representative, as well as Fractal Playground.

Fun Fact 5: There’s nothing impossible for him! He has taught fractals and art to children in Italy.

Complete today’s lesson!

  1. What are these cryptocurrencies?
  2. Bitcoin – the story of a technological revolution.
  3. Satoshi Nakamoto – who was the creator of Bitcoin?
  4. Vitalik Buterin – creator of Ethereum.