Monday 3 September 2018

Vitalik Buterin: Ethereum needs to evolve or ETH will become valueless


The future of Ethereum has come under scrutiny with claims that the collapse of its cryptocurrency is inevitable. And co-founder Vitalik Buterin agrees, for now. In a piece published on TechCrunch, cryptocurrency entrepreneur Jeremy Rubin stipulates the price of ETH – the network’s underlying digital asset – is bound to plummet. “In Ethereum as it presently exists, this is absolutely true,” Buterin said in a post on Reddit. “[A]nd in fact if Ethereum were not to change, all parts of the author’s argument […] would be correct.” Cryptocurrency entrepreneur, Jeremy Rubin, made the claims in an article on TechCrunch. Ethereum,…

This story continues at The Next Web
https://ift.tt/2MMyEP5 Matthew Beedham September 03, 2018 at 12:00PM

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