Gavin Wood is a British computer scientist, a co-founder of Ethereum, and creator of Polkadot and Kusama. He is also the founder of Parity Technologies and the Web3 Foundation. He is one of the most influential figures in the blockchain and cryptocurrency space. This article will explore his net worth, wiki, age, height, relationship, income, and other details.
Gavin Wood’s Net Worth
According to Forbes, Gavin Wood’s net worth as of September 2023 is estimated to be around $1.2 billion. He now ranks among the richest individuals in the cryptocurrency sector. His wealth comes mainly from his holdings of ETH, DOT, and KSM tokens and his stakes in Parity Technologies and the Web3 Foundation. He also has investments in several other blockchain projects and funds.
Gavin Wood was born on April 22, 1980, in Lancaster, England. He attended Lancaster Royal Grammar School and earned a Master of Engineering (MEng) in Computer Systems and Software Engineering from the University of York in 2002. He completed his Ph.D. in 2005 with a thesis on content-based visualization to aid familiar navigation of musical audio.
Wood worked as a research scientist at Microsoft before to working on Ethereum. He joined the Ethereum project in 2013 as one of the co-founders, along with Vitalik Buterin, Charles Hoskinson, Anthony Di Iorio, and Joseph Lubin. Wood suggested Solidity as a programming language for creating smart contracts and worked on its development. In 2014, he also published the article outlining the Ethereum Virtual Machine, the architecture that runs Ethereum’s smart contracts.
. He served as the Ethereum Foundation’s first chief technology officer until 2016.
Wood left the Ethereum Foundation in 2016 and founded Parity Technologies with Jutta Steiner, another former Ethereum employee. Parity Technologies is a software company that develops a client for the Ethereum network and creates software for companies using blockchain technology. The company also released the Parity Ethereum software client, written in Rust, in early 2016.
Wood also founded the Web3 Foundation, a nonprofit organization focusing on decentralized internet infrastructure and technology, starting with the Polkadot network. Polkadot is a heterogeneous scalable multi-chain platform that allows developers to create their blockchain to communicate with other ledgers, forming a system of parachains. Developers can decide what kind of transaction fees to charge and how fast to confirm blocks of transactions across the digital ledgers. Wood authored the white paper for Polkadot in 2016 and launched it in 2020.
In 2019, Wood founded Kusama, an early-stage experimental development environment for Polkadot. Kusama is a network where developers can test new features and innovations before deploying them on Polkadot. Kusama has its native token called KSM, which is used for network governance, staking, and fees.
Wood has also been involved in several other initiatives and organizations related to blockchain and crypto, such as GridSingularity, Blockchain Capital, Scytale Capital, Blockchange Capital, and Polychain Capital. He has also given seminars and presentations on various topics related to blockchain technology and its social implications. He coined the terms ‘Web3’ and ‘allegality’.
Age and Height
Gavin Wood is 43 years old as of September 2023.
Gavin Wood’s height is private.
Gavin Wood’s relationship status is private.
Gavin Wood’s income sources include his holdings of ETH, DOT, and KSM tokens, his stakes in Parity Technologies and the Web3 Foundation, his investments in other blockchain projects and funds, and his fees for speaking engagements and consulting services.
Some other details about Gavin Wood are:
- He has a website at www.gavwood.com, where he shares his thoughts and projects.
- He has a Twitter account at @gavofyork, where he posts updates and opinions on blockchain and crypto.
- Gavin Wood has donated $5.8 million in cryptocurrency to support Ukraine amid the 2022 Russian invasion.
- He has published several papers on blockchain technology, such as Ethereum: A Secure Decentralised Generalised Transaction Ledger and Polkadot: Vision for a Heterogenous Multi-Chain Framework.
- He is behind the Milton Keynes board game, the Fractal Playground, and the Localised Proportional Representation voting system.
- Gavin Wood is interested in economics, game theory, music, and lighting.