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CEO of ShapeShift: “Ethereum is despite competition best Blockchain platform”

CEO of ShapeShift: “Ethereum is despite competition best Blockchain platform”

Home News CEO of ShapeShift: “Ethereum is despite competition best Blockchain platform”

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Marcus Misiak –
10.11.2018

In an Interview with Ran nines for the CNBC Show “Crypto Trader” said Eric Vorhees, CEO of ShapeShift, that Ethereum is fortunate that Vitalik Buterin is also involved. In addition, he spoke about Ethereum 2.0 and the chances of success of Ethereum, the best Blockchain-to be a platform.

After a couple of weeks ago the rumor emerged, Vitalik Buterin could say goodbye to Ethereum, said Eric Vorhees that Vitalik for Ethereum is a point of centralization, but to be brilliant, only to disappear immediately. Vorhees is, however, also sure that Ethereum without him, and would continue to develop, albeit with some setbacks.

Obviously, he is a point of centralization, but if Vitalik a Bus ride and disappears, would Ethereum disappear? No, I mean, the ETH would decrease for a month or so of the half, but Vitalik does not operates Ethereum, he is in control of it. He is not only a great influence, and he is a brilliant man. So Ethereum is better because he is involved.

The future of Ethereum

Ran Neuner asked Vorhees, on whether he share the concerns that Ethereum might not be scalable. Vorhees noted that he was optimistic about Ethereum, in particular, according to Vitalik Buterin recently had published held DevCon 4, where for more information about Ethereum 2.0. Buterin explained that Ethererum 2.0 will have the Proof-of-Stake (PoS), Sharding and EWASM (Virtual Machine improvements). With these implementations, the network is scalable and the transactions will be increased to 14,000 per second.

Vorhees commented that he believes “absolutely” that Ethereum could be the best Blockchain platform. For the CEO of Shapeshift is the fact that Ethereum has the most developers, the main reason for this could be. Nevertheless, the competition is very high, so a prediction would be difficult:

Yeah, I mean, it’s going to happen either, or people will switch to other block chains and other Kryptos, and this is also in order. I mean, this is a competitive industry, the people shaping the future of Finance, and there are many incentives in all directions.

In conclusion, he stressed his optimistic view that crypto currencies to be accepted in the future massively. He said but also on how long it would take the introduction of crypto currencies to experience in everyday life. Voorhees explained that the Adoption will not take place immediately. He compared the process with the introduction of the Internet, which lasted for over two decades.

The full Interview you can find below:

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