Who is Gavin Wood? Co-founder of Ethereum, creator of Polkadot and Kusama

  • Gavin Wood, an influential English computer scientist and co-founder of Ethereum, is renowned for creating Polkadot and Kusama, significantly advancing blockchain interoperability and decentralised internet infrastructure.
  • His contributions, including developing the Solidity programming language and authoring the Ethereum Yellow Paper, have profoundly shaped the blockchain ecosystem, driving the vision of a more decentralised and equitable digital world.

Gavin James Wood is a distinguished English computer scientist whose contributions to the blockchain and cryptocurrency space have been nothing short of revolutionary. He is best known as a co-founder of Ethereum and the creator of Polkadot and Kusama, which are pivotal developments in the blockchain industry. His work has significantly influenced the direction of decentralised technologies and has established him as a leading figure in this field.

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Starting at the Lancaster Royal Grammar School

Born in Lancaster, England, Wood’s early education took place at the Lancaster Royal Grammar School. His academic prowess led him to the University of York, where he pursued a Master of Engineering (MEng) in Computer Systems and Software Engineering, graduating in 2002. His academic journey did not end there; he completed a PhD in 2005 with a dissertation entitled “Content-based visualisation to aid common navigation of musical audio.” This academic background provided a solid foundation for his future endeavours in computer science and blockchain technology.

Being a research scientist at Microsoft

Before venturing into blockchain, Wood honed his skills as a research scientist at Microsoft. His path took a significant turn when he encountered Vitalik Buterin, the principal visionary behind Ethereum. Alongside Buterin, Charles Hoskinson, Anthony Di Iorio, and Joseph Lubin, Wood co-founded Ethereum between 2013 and 2014. His role in Ethereum was critical; he proposed and helped develop Solidity, the programming language for writing smart contracts. Additionally, he authored the Ethereum Yellow Paper, which provided the first formal specification of the Ethereum Virtual Machine (EVM), the runtime system that executes smart contracts on the Ethereum network.

I wanted to create a digital system that doesn’t rely on the existing social order. I’m still not attracted to crypto; I don’t like ‘gambling.’ I just wanted to create a system that maintains social order in a more transparent, open, and flexible way. That’s why I joined the Ethereum business and why I’m still in the Web 3.0 industry today.

Gavin Wood, a co-founder of Ethereum and the creator of Polkadot and Kusama

Wood’s vision for Ethereum was that of a “world computer” that could run decentralised applications on a global scale. This concept was groundbreaking and set the stage for the evolution of blockchain technology beyond simple cryptocurrency transactions. He said, “I wanted to create a digital system that doesn’t rely on the existing social order. I’m still not attracted to crypto; I don’t like ‘gambling.’ I just wanted to create a system that maintains social order in a more transparent, open, and flexible way. That’s why I joined the Ethereum business and why I’m still in the Web 3.0 industry today.”

Departure from Ethereum and Founding of Parity Technologies

In January 2016, Wood left the Ethereum Foundation to pursue new challenges. He co-founded Parity Technologies (initially named Ethcore) with Jutta Steiner, who also had a background with the Ethereum Foundation. Parity Technologies aimed to develop advanced blockchain technology and solutions. One of their first major releases was the Parity Ethereum client, written in Rust, which significantly improved the performance, usability, and privacy of running Ethereum nodes. He said, “Some people seek a stable environment. Others prefer a dynamic, creative environment, and my goal has always been to create. I decided it would be better for me to be with people who are trying to create something new. Although I left the Ethereum Foundation, I didn’t part ways with Ethereum itself. Parity is a company that Buterin and I founded together. Buterin has been an advisor to Parity, and Parity has been actively involved in the Ethereum client ecosystem.”

Parity Technologies did not limit its scope to Ethereum; it aimed to address broader issues in the blockchain ecosystem. Wood and his team focused on creating a robust infrastructure that could support the next generation of decentralised applications and systems. This ambition laid the groundwork for future projects like Polkadot.

The Web3 foundation and Polkadot

Gavin Wood’s vision extended far beyond Ethereum. Recognising the limitations and challenges within the existing blockchain frameworks, he founded the Web3 Foundation. This non-profit organisation is dedicated to advancing decentralised internet infrastructure and technology, with Polkadot being its flagship project.

Some people seek a stable environment. Others prefer a dynamic, creative environment, and my goal has always been to create. I decided it would be better for me to be with people who are trying to create something new. Although I left the Ethereum Foundation, I didn’t part ways with Ethereum itself. Parity is a company that Buterin and I founded together. Buterin has been an advisor to Parity, and Parity has been actively involved in the Ethereum client ecosystem.

Gavin Wood, a co-founder of Ethereum and the creator of Polkadot and Kusama

Polkadot is a heterogeneous multi-chain framework designed to facilitate the interoperability of various blockchains. Unlike Bitcoin’s proof of work mechanism, Polkadot uses a proof of stake mechanism, which is more energy-efficient and scalable. Polkadot’s architecture allows different blockchains, or parachains, to communicate with each other, thereby enabling a wide range of decentralised applications and services to interact seamlessly.

Polkadot was introduced in 2017, and its development involved concentrated efforts from Parity Technologies and the Web3 Foundation. The project represents a significant leap forward in blockchain technology, aiming to create a more decentralised and interconnected web—often referred to as Web 3.0. This vision includes a digital ecosystem where users have more control over their data and interactions, countering the centralised model dominated by major tech companies.

Kusama: An experimental development environment

In 2019, Wood introduced Kusama, an early-stage experimental development environment for Polkadot. Kusama operates as a “canary network,” allowing developers to test new features and technologies in a real-world environment before deploying them on Polkadot. Kusama runs on the same software as Polkadot but is independent, providing a proving ground for cutting-edge innovations. This approach ensures that the Polkadot network remains stable and secure while continuously evolving.

Gavin Wood’s contributions to the blockchain ecosystem extend beyond the technical aspects of blockchain and smart contract development. His work has laid the groundwork for decentralised applications and the next generation of the internet, often referred to as Web 3.0. This vision encompasses a decentralised web where users have more control over their data and interactions, fundamentally altering how online services operate.

One of Wood’s most notable contributions is Solidity, the programming language he proposed and helped develop for writing smart contracts on the Ethereum platform. Solidity has become the cornerstone of decentralised applications (dApps) on Ethereum, enabling developers to create complex and secure contracts that run on the Ethereum Virtual Machine (EVM).

The Ethereum Yellow Paper, authored by Wood, provided the first formal specification of the EVM. This document is critical for understanding the underlying mechanics of Ethereum and has been instrumental in the development and implementation of smart contracts.

A significant advancement in blockchain technology

Polkadot represents a significant advancement in blockchain technology. By enabling cross-chain interoperability, Polkadot allows various blockchains to communicate and transfer value in a secure and scalable manner. This innovation addresses one of the key limitations of earlier blockchain platforms, which operated in isolation.

Polkadot’s unique architecture, based on a relay chain and parachains, allows developers to create custom blockchains tailored to specific use cases. These parachains can then interact with each other and with external networks, forming a cohesive ecosystem. This flexibility and scalability make Polkadot a powerful tool for developers and enterprises looking to leverage blockchain technology.

Beyond technology

Gavin Wood’s influence extends beyond technology. Amid the 2022 Russian invasion of Ukraine, he donated $5.8 million in cryptocurrency to support Ukraine, demonstrating his commitment to using blockchain for social good. This act of philanthropy highlights Wood’s belief in the transformative potential of blockchain technology not just in finance but in humanitarian efforts as well.

Wood’s vision for a decentralised web is driven by a desire to create a more equitable and user-centric internet. He advocates for a world where individuals have more control over their data and online interactions, countering the centralised model dominated by tech giants like Facebook and Google. This vision, often referred to as Web 3.0, seeks to empower users and create a more open and democratic digital ecosystem.

Under Wood’s leadership, Parity Technologies has evolved from a company focused on Ethereum infrastructure to a pioneer in blockchain technology. Parity’s work on Polkadot and Substrate, a framework for building custom blockchains, showcases the company’s commitment to advancing the field of decentralised technology. Substrate enables developers to create blockchains that are optimised for specific use cases, further enhancing the versatility and potential of blockchain technology.

Parity’s contributions to the blockchain ecosystem include the development of tools and platforms that facilitate the creation and deployment of decentralised applications. By providing robust and scalable solutions, Parity Technologies is helping to drive the adoption and integration of blockchain technology across various industries.

Impact on the blockchain community

Gavin Wood’s impact on the blockchain community is profound. His technical innovations and visionary leadership have inspired a new generation of developers and entrepreneurs. By pushing the boundaries of what is possible with blockchain technology, Wood has helped to create a vibrant and dynamic ecosystem that continues to evolve and grow.

Wood’s work has also influenced the broader tech industry, highlighting the potential of decentralised systems to disrupt traditional models of computing and data management. As the blockchain space continues to mature, Wood’s contributions will undoubtedly play a critical role in shaping its future.

Gavin Wood’s journey from a computer scientist to a blockchain pioneer is a testament to his dedication to technological innovation and decentralisation. As the co-founder of Ethereum and the creator of Polkadot and Kusama, Wood has significantly influenced the development of blockchain technology and the broader vision of Web 3.0. His work continues to shape the future of the internet, driving forward the vision of a more decentralised and equitable digital world.

Wood’s contributions to blockchain technology, from developing Solidity and the Ethereum Yellow Paper to founding Parity Technologies and the Web3 Foundation, showcase his deep technical expertise and visionary thinking. His commitment to decentralisation and user empowerment remains a guiding force in the evolution of the blockchain ecosystem, making him one of the most influential figures in the industry. As blockchain technology continues to evolve, Gavin Wood’s legacy will undoubtedly endure, inspiring future innovations and advancements in the field.

Gavin Wood, co-founder of Ethereum and creator of Polkadot, significantly advanced blockchain with Solidity and decentralised internet infrastructure.

Chloe-Chen

Chloe Chen

Chloe Chen is a junior writer at BTW Media. She graduated from the London School of Economics and Political Science (LSE) and had various working experiences in the finance and fintech industry. Send tips to c.chen@btw.media.

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