Ethereum [ETH] is better because Vitalik is involved, says ShapeShift CEO

Erik Voorhees, CEO of ShapeShift, spoke about Ethereum 2.0, Vitalik Buterin’s influence over the Ethereum ecosystem and the real-life adoption of Ethereum and cryptocurrencies, in an interview with CNBC Crypto Trader.

The CEO started off by speaking about the scaling problems of Ethereum and the time taken to deliver what was promised by the Foundation. 

During the DevCon4, Vitalik Buterin, the co-founder of Ethereum, unraveled more information about Ethereum 2.0. Buterin stated that Ethererum 2.0 will have Proof of Stake [PoS], Scalability [sharding], VM improvements [EWASM], improvements to cross-contact logic and protocol economics. With these implementations, the network will be 1000x more scalable and increase the transactions to 14,000 per second. 

Voorhees said:

“Yeah, I mean it’ll either happen or people will move to other blockchains and other cryptos and that’s fine too. I mean this is a hyper-competitive industry where people are building the future of finance and…

Read Full Story : AMBCrypto

2018-11-09 20:00:29

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