A term used in the Bitcoin community to describe a user with 0.01% of a crypto’s maximum supply.

The Vladimir Club is an abstract community of Bitcoin traders and investors who own at least 0.01% of the maximum supply of the cryptocurrency. Because Bitcoin’s maximum supply is 21,000,000 coins, all such individuals have to own at least 2,100 coins before they can qualify as members of the Vladimir Club. Thus, the ‘Club’ is an exclusive community of a very small number of Bitcoin traders and investors.

The Vladimir Club is named after the username of the person that first suggested the idea. Currently, the concept has a wider usage across blockchain networks and not only that of Bitcoin. Anyone who owns 0.01% or more of a major altcoin belongs to that coin's Vladimir Club.

The tendency of an asset’s price to rise and fall, seemingly randomly.

Volatility refers to the tendency of the price of an asset or commodity to fluctuate consistently. This tendency is measurable in mathematical/statistical terms, especially with reference to the asset price’s standard deviations set against its annual return. Thus, volatility is traditionally associated with risk and unpredictability, such that volatile assets are those considered to be very risky and unstable.

The crypto market has been described many times by experts as a market of high volatility. This is because a large fraction of the values of market commodities (crypto assets, that is) are driven by trader perceptions. But the market is gradually becoming systematized, meaning that it is not as volatile as it used to be.

A Canadian programmer known for co-founding Ethereum.

Vitalik Buterin is one of the founders of Ethereum who is usually presented as a key figure in the revolution of the blockchain industry. Buterin started working with cryptocurrency concepts and projects early on in 2011. He eventually launched Ethereum along with Anthony Di Iorio, Charles Hoskinson, Gavin Wood, Joe Lubin, and Mihai Alisie in 2015 with the express purpose of resolving the gaps he perceived to exist on the Bitcoin blockchain.

Using market capitalization, Ethereum is currently the second-largest cryptocurrency in the world. This is especially because of Buterin and his team’s progressive ideologies. The same ideologies are the motivation for Buterin’s current project, Ethereum 2.0, which is supposed to be even more efficient than the first project.

Vladimir Club

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