Thiel's outfit Palantir uses "big data" analytics for its performance characteristics including in life sciences, healthcare and pharmaceuticals. Cryptocurrencies basically use the same code and since they are open source coded, new cryptocurrencies can be created by branching off the original code as ethereum was created. A 27-year-old billionaire. It also happens that Thiel's Palantir will run some of its projects off ethereum. Not only Palantir but all of big tech will adapt ethereum. One company Peter Thiel backs is a company known as Atai Life Sciences, a German biotechnology firm (magic mushrooms) valued at $2 billion focused on psychedelics. Wonderful, Peter Thiel delivering psychedelics paid for with ethereum all under Palantir's data analytics monitoring the supply chain on the blockchain.
$100k Peter Thiel Fellowship Awarded to Ethereum's Vitalik Buterin
$100k Peter Thiel Fellowship Awarded to Ethereum's Vitalik Buterin
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Ethereum creator Vitalik Buterin becomes world's youngest crypto billionaire
The public ether address of the Russian-born Canadian IT programmer hit $1 billion on its balance sheet after ether's meteoric growth to $3,200 was recorded earlier this week.
In 2018, Buterin referred to the address as his main wallet.The wallet held 333,521 ether coins worth nearly $1.16 billion at 14:03 GMT, according to on-chain data-tracker Etherscan, as bitcoin's number one rival quadrupled in value this year.
Ether was trading at $3,456, up more than 11% over the past 24 hours, with gains of 37% over the past seven days, according to data tracked by CoinMarketCap.
Buterin proposed the open-source computing platform Ethereum, based on blockchain technology, in late 2013. The 27-year-old billionaire is now seen as one of the founding members of cryptocurrencies and other blockchain applications.
Ethereum is currently the most actively used blockchain, while ether is ranked as the second largest cryptocurrency after bitcoin by market value. On Tuesday, ethereum's market capitalization reached $405 billion, exceeding that of Disney, Nestle and Bank of America, the second largest lender in the US.
Please go to RT News to read more.
Founder of Ethereum Vitalik Buterin in London, England, 2015 © AFP / John Phillips
May 4, 2021
The latest surge in the price of the world's second biggest digital asset, ethereum, turned its co-founder Vitalik Buterin into the youngest crypto billionaire in history.
The public ether address of the Russian-born Canadian IT programmer hit $1 billion on its balance sheet after ether's meteoric growth to $3,200 was recorded earlier this week.
In 2018, Buterin referred to the address as his main wallet.The wallet held 333,521 ether coins worth nearly $1.16 billion at 14:03 GMT, according to on-chain data-tracker Etherscan, as bitcoin's number one rival quadrupled in value this year.
Ether was trading at $3,456, up more than 11% over the past 24 hours, with gains of 37% over the past seven days, according to data tracked by CoinMarketCap.
Buterin proposed the open-source computing platform Ethereum, based on blockchain technology, in late 2013. The 27-year-old billionaire is now seen as one of the founding members of cryptocurrencies and other blockchain applications.
Ethereum is currently the most actively used blockchain, while ether is ranked as the second largest cryptocurrency after bitcoin by market value. On Tuesday, ethereum's market capitalization reached $405 billion, exceeding that of Disney, Nestle and Bank of America, the second largest lender in the US.
Please go to RT News to read more.
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Peter Thiel's data-mining company is using War on Terror tools to track American citizens. The scary thing? Palantir is desperate for new customers
Peter Thiel's data-mining company is using War on Terror tools to track American citizens. The scary thing? Palantir is desperate for new customers
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