The post The Journey of Gavin Wood appeared on BitcoinEthereumNews.com.

Gavin Wood co-founded Ethereum and wrote its first implementation, pioneering smart contracts. Wood founded Polkadot, enhancing blockchain interoperability, and later transitioned to Chief Architect for innovative focus. Gavin Wood’s journey into the world of blockchain began using LEGO bricks rather than a computer. Self-described as a “technologist at heart,” Wood’s early interest with creating intricate constructions gradually moved from actual blocks to digital ones. This love of innovation and problem-solving made his later activities in the blockchain sector possible. Bitcoin was the first cryptocurrency that Wood came into contact with. Thanks to the Silk Road online black market, his discovery was, in a sense, accidental. Enticed by the mathematical approach of human cooperation and interaction found in Bitcoin, Wood recognized the possibility of establishing whole new social systems. In little time at all, this interest became a professional possibility. The Birth of Ethereum Wood had a meeting with Vitalik Buterin and other trailblazers engaged in the ambitious Ethereum project in 2014. Once Wood joined this team, he was instrumental in turning Ethereum from a white paper into a working blockchain. With the creation of the initial Ethereum implementation, he introduced the world to smart contracts—a ground-breaking idea that made decentralized, programmable transactions possible. Wood wanted to create a platform that might propel social change as much as a new coin. Ethereum seemed to him like a means of creating a new planet that would propel human development for the remainder of the century. His Ethereum work established the foundation for a significant force in the blockchain space that would upend established financial and economic institutions. Moving Beyond Ethereum: The Creation of Polkadot  Wood made major contributions to Ethereum and then focused on addressing some of the shortcomings he observed in the state of blockchain technology. As a result, Polkadot, a…

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Filed under: News - @ June 22, 2024 4:26 am