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10 Most Influential People in Blockchain- Popular Crypto Names 2018

  • Vera Thornpike
    ⭐ Features

    10 Most Influential People in Blockchain 2018


10 Most Influential People in Blockchain- Popular Crypto Names 2018
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Although cryptocurrencies made waves in the world only in 2017, the Blockchain technology underlying them was introduced several years ago. What we have today has become possible thanks to outstanding personalities: millions of people enjoy numerous benefits of Blockchain thanks to efforts of a few hundred people. It's not possible to cover all of them, but we have covered the top 10 Blockchain industry names. These people have already contributed to the community and digital progress and continue changing the world for the better.

1. Gavin Andersen

Even though the mysterious Satoshi Nakamoto has created Blockch and  Bitcoin, he couldn't be the only person (or a group of programmers) developing it. Gavin Andersen is the one who wrote the code together with him, which makes him one of the most influential people in cryptocurrency. After disappearing, Satoshi handled him the alert key that enables to transmit messages related to the critical Bitcoin system errors. Today, Andersen is one of the wealthiest Bitcoin-related programmers, but what motivates him to contribute is a true devotion to the Blockchain.

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Gavin Andersen

2. Roger Ver

Roger Ver is among Blockchain industry NYC top names.  Also called "Bitcoin Jesus, " he was among the first people to invest in this currency, as well as the first generation of startups. Now, he is developing Bitcoin Cash, the hard fork of the coin that's aimed at making transactions faster and cheaper. Ver is also known for:

  • writing on Bitcoin-related websites and forums
  • owning bitcoin.com
  • establishing the Bitcoin foundation
  • investing in Bitcoin startups.

3. Vitalik Buterin

Russian-Canadian programmer Vitalik Buterin is the founder of Ethereum, famous Blockchain platform that implements smart contracts. You can hardly find a person who hasn’t heard about Ethereum, so Vitalik Buterin is one of the most well-known Blockchain industry top names. His first programming attempts were taken during teenage years, and Buterin quickly got involved in this sphere. He even founded Bitcoin Magazine before crypto turned into the mainstream.
After the release of Homestead, the second Ethereum version, and hacking of DAO, its primary competitor, Ethereum has become even closer to Bitcoin and has enough potential to puts its reign to the end. 

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Vitalik Buterin

4. Charles Lee

Brother of Bobby Lee, CEO of BTCChina, Charles Lee is a crypto enthusiast, entrepreneur, and programmer who used to work for Google. However, the world knows him as the founder of Litecoin, Bitcoin's hard fork aimed at accelerating transactions and making block size less. Only this fact makes him one of the most influential people in the Blockchain industry, though Lee has a lot behind his belt. Litecoin is the world's fourth cryptocurrency by market cap after Bitcoin, Ethereum and Ripple. Now, Lee is developing Coinbase, a promising Blockchain startup that has already established partnerships with some large companies.

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5. Nick Szabo

The list of 100 most influential Blockchain people can’t be full without Nick Szabo. This person is well-known for research of digital contracts and cryptocurrency. Back in 1998, he has created Bitgold– a mechanism for a decentralized digital currency. The term ‘smart contracts’ was introduced by Szabo. people say, he might be the famous Satoshi Nakamoto, but Nick denies that.

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Nick Szabo

6. Brian Armstrong

What makes Brian Armstrong one of the 100 most influential Blockchain people? He is the founder of Coinbase, an open financial system, and a BTC exchange platform. Armstrong has a Bachelor’s Degree in Computer Science, as well as Economics, and also got a Master’s Degree at Rice University. Armstrong is a Blockchain enthusiast and strives to advance Bitcoin.  Being a tech entrepreneur, he has worked with a large number of companies and addressed different audiences.

7. Andreas Antonopoulos

When it comes to influential people, Blockchain isn’t the only sphere they specialize on. Andreas M. Antonopoulos, a Greek-British Bitcoin advocate, has a broad range of interests, which proves that. He has degrees in Data Communications, Computer Science, and Distributed Systems. What has Antonopoulos done for Blockchain?

  1. Published over 200 articles on cloud computing, data centers, and security.
  2. Advised executives from Fortune 500 companies on the questions of cloud computing, networking, and security.
  3. Wrote such books as Mastering Bitcoin (it’s considered to be the best BTC technical guide) and The Internet of Money.

Antonopoulos is not just a public speaker– he inspires people to work with cryptocurrency and raises our awareness about technologies around.

8. Erik Voorhees

Among Blockchain names, Erik Voorhees is one of the most well-known. The American founder of Bitcoin startups and Coinapult company, he worked in Bitinstant and owned Satoshi Dice. Voorhees wants to change the current situation in the global economy and overcome the problem of fraud and counterparty risk. Being a dedicated Bitcoin advocate, he keeps his assets in Bitcoin.

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Erik Voorhees

9. Alex Tapscott

Son of Don Tapscott, Alex is both a businessman and a writer. He and his father are authors of Blockchain Revolution, number one best-seller acclaimed by many critics. They have also founded the Blockchain Research Institute to figure out how blockchain can impact the world economy. He wrote some articles for TIME, Quartz, Toronto Star, the Huffington Post and Harvard Business Review.

10. Adam Back

Our list of the most influential people should be finished with Adam Back– the programmer and Bitcoin enthusiast who implemented the first proof-of-work and decentralized mining (features of Bitcoin). He is also the author of credlib (library executing credential systems) and contributed to the development of security features. Now, Back is the president of Blockstream company.

Bonus: The richest people in crypto

As you can guess by these influential people, cryptocurrency has not only made them famous but also rich. Here are the richest crypto enthusiasts:

Name

Wealth

Initiative

Chris Larsen

~$8 bln

Ripple

Joseph Lubin

~$5 bln

Ethereum, Consensys

Changpeng Zhao

~$2 bln

Binance

Tyler and Cameron Winklevoss

~$1.1 bln

Winklevoss Capital

Matthew Mellon

~$1 bln

 

As we can see from these most influential people, Blockchain isn’t the only sphere of their interest– men of talent apply their skills in different areas. Who knows, maybe, they will bring Blockchain to a new level, or maybe will introduce some revolutionary technologies that can change our lives irreversibly?

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Question of the Day: Can Stablecoins Accelerate Cryptocurrency Adoption?

  • Yuri Molchan
    ⭐ Features

    Stablecoins show hardly any volatility compared to Bitcoin and altcoins, many are hoping that they will be able to bridge new crypto economy and regular fiat money


Question of the Day: Can Stablecoins Accelerate Cryptocurrency Adoption?
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Bitcoin, the father cryptocurrency, emerged in hope that it will remove all intermediaries in electronic commerce that cut off their share of payments. BTC was perceived as a P2P way to replace fiat cash in an electronic format, which would enable one party to pay another without any financial institution or payment platform which would demand its share of a transaction as a reward for its services.

What is wrong with Bitcoin

For quite a while Bitcoin was performing the way the crypto community expected. But the situation changed later – BTC rate became weaker, thus bringing down its financial and economic reliability, when it gets to be used as a regular means of payment.


You cannot have a currency that would cost like a British castle today, a gram of gold – tomorrow and a pack of French fries the day after.

At that point practical fintech minds came up with an idea of creating something which would become a breakthrough in the universe of crypto – a so-called stablecoin.

Will stablecoins solve the volatility problem?

Technically, stablecoins are protected from the volatility roller-coaster that Bitcoin and other cryptos love to ride. They are programmed to keep their prices stable and investors now are largely attracted to this new type of digital assets.

Stablecoin does not show any volatility in its monetary value, since it has a fixed connection to an asset it is pegged to. The major goal of using stablecoins is taking the best from decentralized crypto coins and combining it with a constant value. Thanks to it, stablecoins can be used as a reliable means of trade.

Asset-pegged stablecoins

Asset-backed ones get their value from an asset as can be understood from the name. An asset provides the necessary value to a coin, as well as the necessary legitimacy.

A great example of an asset-pegged stablecoin is Tether (USDT). In spite of a series of scandals at the end of last year, it remains the most popular stablecoin in the crypto market.

Recently, it has partnered with the Tron Foundation to launch a Tron-based stablecoin.

Other examples are TrueUSD (TUSD), USD Coin (USDC), the Gemini Dollar (GUSD), and the Paxos Standard (PAX). They are all pegged to the USD.

Crypto-backed stablecoins

Some digital coins work in a similar way to fiat-backed ones, however, they are pegged to collateral crypto. That means that crypto assets that ensure the value of such stablecoins are stored in a wallet similar to escrow.

A good example of a crypto-pegged token is Maker, which is ranked 16 on CMC.

Algorithmic stablecoins

Even though, stablecoin can be interesting at first thought but the way they are built goes against the principle of decentralization that crypto coins have as a foundation. Thus, many crypto fans and evangelists are positive that stablecoins must be linked towards not a centralized asset but a computer algorithm which takes value from a balance between supply and demand.

Basis is now considered the most promising algorithmic stablecoin of all.

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Can stablecoin ensure smooth future for the crypto industry?

The primary goal of all crypto assets was and remains to come up with virtual asset that would be liquid enough and not vulnerable to market volatility. From this point of view, stablecoins are a dream of all crypto fans and evangelists of a decentralized economy.

Apart from the potential to conduct crypto transactions smoothly, experts believe it can bridge the two worlds – fiat and crypto, bringing them a mutually beneficial coexistence. However, that may take time.

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