Ethereum co-founder Secretly Sold $11M Worth of ETH on Christmas Day!
$11 million dollars worth of ETH was sold through Kraken crypto exchange on Christmas day. The identity of the individual who sold the ETH coins was a mystery until the Ethereum enthusiasts check the Ethereum Name Service (ENS) database. It turns out to be Ethereum’s co-founder, Jeff Wilcke.
It would be impossible to put a name or face to the person responsible for the large Ethereum dump (90,000 ETH) if it was not for Ethereum Name Service (ENS). To show transparency, all Ethereum founders, including co-founder, Jeff Wilcke voluntarily signed up for the service.
"ENS is the Ethereum Name Service, open, distributed and expandable naming system based on the Ethereum blockchain. ENS 'job is to map human-readable names such as' Alice.eth' to machine-readable identifiers such as Ethereum addresses, content hashes, and metadata. "
The ETH transaction owner would have remained a mystery should Jeff Wilcke chose not to participate in the service a couple of years ago. Mr. Wilcke tried to secretly unload the ETH stash by doing the transaction on Christmas Day; when people from the crypto community is away from their computers and smartphones; spending and enjoying time with family members.
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