A surprising discovery has been made in the world of crypto. The journalist and crypto enthusiast Eleanor Terrett has unveiled the involvement of the co-founder of Ethereum Vitalik Buterin with the Chinese company Wanxiang Blockchain . Terrett’s research has shed light on Buterin’s role as a co-founder and Principal Investigator of Wanxiang Blockchain Labs which is a research nonprofit company that’s funded by China Wanxiang Holdings .
Uncovering Vitalik Buterin’s Involvement in Wanxiang Blockchain and Prometheum
Terrett’s study has revealed that Vitalik Buterin has a major role in Wanxiang Blockchain . Alongside Feng Xiao and Bo Shen Buterin is listed as a co-founder of this Chinese company . Terrett’s findings also revealed that Buterin holds the position of Principal Investigator at Wanxiang Blockchain Labs which is a research institution that’s focused on blockchain technology and upheld by China Wanxiang Holdings .
The Role of Wanxiang Blockchain Labs and its Connection to Buterin
Wanxiang Blockchain Labs describes itself as a nonprofit research institution that wants to support research, entrepreneurship and developments in the blockchain industry . Wanxiang Blockchain Labs named Buterin as its co-founder and Principal Investigator in a statement that was released in August 2016 . The institution is recognized for hosting the prestigious International Blockchain Week in 2016 which featured prominent speakers like Buterin, Joseph Lubin and Nick Szabo .
Contributions and Donations to the Ethereum Foundation
In her research Terrett also found that Wanxiang Blockchain co-founder Feng Xiao made a remarkable $500,000 donation to the Ethereum Foundation . This involvement further solidifies the links between Wanxiang Blockchain and Ethereum and emphasize the cooperative efforts within the blockchain community .
Terrett’s findings focuses on the involvement of Vitalik Buterin in Wanxiang Blockchain and its subsidiary Wanxiang Blockchain Labs . The significance of these relationships becomes apparent with it . The co-founder of Ethereum’s participation in these undertakes is showing his dedication to promoting research, innovation and development in the blockchain industry .
