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Buterin wrote for the site until its website shut down soon thereafter due to insufficient revenue. The owner offered five bitcoin (about $3.50 at the time) to anyone who would write an article for him. In 2011, Buterin began writing for a publication called Bitcoin Weekly after meeting a person on a bitcoin forum in order to earn bitcoin. On 30 November 2018, Buterin received an honorary doctorate from the Faculty of Business and Economics of the University of Basel on the occasion of the Dies Academicus. He dropped out of university in 2014 when he was awarded with a grant of $100,000 from the Thiel Fellowship, a scholarship created by venture capitalist Peter Thiel and went to work on Ethereum full-time. He returned to Toronto later that year and published a white paper proposing Ethereum. In 2013, he visited developers in other countries who shared his enthusiasm for code. In 2012, he won a bronze medal in the International Olympiad in Informatics. There, he took advanced courses and was a research assistant for cryptographer Ian Goldberg, who co-created Off-the-Record Messaging and was the former board of directors chairman of the Tor Project.
Īfter high school, Buterin attended the University of Waterloo. Buterin learned about Bitcoin, from his father, at the age of 17. Buterin then attended The Abelard School, a private high school in Toronto. While in grade three of elementary school in Canada, Buterin was placed into a class for gifted children and was drawn to mathematics, programming, and economics. He lived in the area until the age of six when his parents emigrated to Canada in search of better employment opportunities.