First there was bitcoin, now there's ethereum.
The cryptocurrency, along with its associated blockchain software platform, has gained popularity recently and is considered an alternative to bitcoin.
Ethereum is up 4,100 percent year to date, CNBC reports, and made headlines this week when its price plummeted from $319 to just 10 cents in seconds. (It later rebounded.)
But what people may not realize is that ethereum's founder, Vitalik Buterin, is only 23 years old.
Founder of Ethereum Vitalik Buterin
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Founder of Ethereum Vitalik Buterin
Buterin has become a celebrity in the cryptocurrency space and is credited with co-founding Bitcoin Magazine in 2011. He has more than 90,000 Twitter followers and posts frequently about the industry's latest news. He was a 2014 recipient of billionaire Peter Thiel's prestigious fellowship and last year, he was included on Fortune's 40 under 40 list.
Ethereum crashed from $319 to 10 cents in seconds on one exchange after 'multimillion dollar' trade
Here's a little history on the founder: Buterin was born in Moscow, according to a feature by Wired's Backchannel last year. At 6 years old, he moved with his family to Canada. He was considered a math genius from an early age and was placed in a gifted program in the third grade, the publication reports.
Buterin reportedly first grew interested in bitcoin when his father introduced him to the concept, and he soon became an expert in the emerging field. In 2011, he launched the cryptocurrency's eponymous magazine.
In May 2013, the 19-year-old programmer traveled to California to a cryptocurrency conference led by the Winklevoss twins. According to Backchannel:
Veterans of the dotcom era drew comparisons between cryptocurrencies and the dawn of the Internet. Booths showed off new hardware wallets, merchant payment platforms, and Bitcoin ATMs. And Buterin witnessed it all as a representative of Bitcoin Magazine. The San Jose event was Buterin's first glimpse at the living, breathing community cropping up around the cryptocurrency economy.
"That moment really crystallized it for me," he tells the publication about the experience. "It really convinced me that, 'Hey, this thing's real and it's worth taking a risk and jumping into.' So I did."
Buterin dropped out of the University of Waterloo and spent the rest of the year traveling around the world visiting with individuals working on bitcoin, according to Backchannel.