Crypto Terms: Letter G

Who is Gavin Wood?

Gavin Wood MEANING:
Gavin Wood - one of the founders of Ethereum, Parity Technologies, and the Web3 Foundation.
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Let's find out Gavin Wood meaning, definition in crypto, who is Gavin Wood, and all other detailed facts.

In the past, Gavin Wood worked with Vitalik Buterin and was one of the co-founders and the chief of technology (CTO) of Ethereum. As of writing this, Gavin Wood is the president and founder of the Web3 Foundation which focuses on the decentralization of the internet. In addition, Gavin is a co-founder of a blockchain company that aims to build a new framework for decentralized apps (DApps) called Parity Technologies.

In the past, Gavin contributed a lot to the growth of Ethereum. He was involved in the development of the first functional Ethereum application. In addition, he proposed and wrote the code for the Solidity programming language which is used with smart contracts up to this day. Besides that, he also released the yellow paper of the Ethereum Virtual Machine (EVM). However, in 2016 Gavin stopped working with Ethereum.

After that, he focused on a new project called Polkadot, which was launched in May 2020. Polkadot is a multi-chain blockchain ecosystem that focuses on helping developers create new backward-compatible dApps. Polkadot, unlike Ethereum, allows developers to determine how much to charge in transaction fees and how quickly blocks can be approved.

Gavin's goal is to bridge the gap between private and public blockchains, making it easier for projects to transact with one another without friction, regardless of various network differences.