Ethereum co-founder Vitalik Buterin surprised attendees at the Kyiv Tech Summit yesterday to show support Ukraine. Cryptocurrencies have become useful in this country for displaced Ukrainians and also for military contributions when the conflict with Russia occurred.
The Kyiv Tech Summit hosted a surprise visit from Vitalik Buterin, one of the co-founders of the Ethereum blockchain. His appearance is a show of support for Ukraine and shows that blockchain, Ethereum and crypto are also interested in Ukraine.
“I have been following Ukraine closely since the war started,(…). I wanted to come and see for myself (…) also let Ukraine know that lots of people in the blockchain, Ethereum, crypto world really care about you guys and lots of people support you.”
Vitalik Buterin said as the marquee speaker on the closing panel of the summit
Buterin startled the crowd after keeping his planned appearance a secret for security purposes, according to Coindesk. The trip to the conflict-torn nation comes before Ethereum merges next week, which will formally switch the network from proof-of-work to proof-of-stake.
The summit’s organizers revealed that it was Vitalik Buterin’s first visit to Ukraine.
According to Coindesk, the Ethereum co-founder was born in Russia and met Russian President Vladimir Putin in 2017 to discuss Ethereum opportunities, he’s been critical of his homeland’s government for years as well as its war with Ukraine.
He joined a group of visitors from the mastheads of companies with a Ukrainian origin or base, such as Kuna Exchange, Celo Foundation, Near Protocol, and Allbridge. Leaders from the Ukrainian Ministry of Digital Transformation also made an appearance.
During the fighting in Ukraine, cryptocurrency has been a popular success story. Decentralized businesses have continued to employ Ukrainians who have been displaced while simultaneously contributing to the military effort.
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