Crypto Trader of CNBC: Ethereum 2.0 will rise to $ 1,250


The latest episode of CNBC's Crypto Trader has just come out, titled "Ethereum 2.0 is coming to $ 1,250." That's why. "

In this edition of Devcon 4 in Prague, host Ran NeuNer offers a tour of the massive annual Ethereum conference and talks with the developer of Ethereum Justin Drake on his response to critics who say the platform is too slow to adapt and improve.

"I think there have been mistakes and overpromising, but I think it's largely misunderstanding and underestimating the complexity of things.

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In reality, research has evolved very rapidly and we have continuously improved the projects. And in the grand scheme of things, Ethereum is only a few years old and we are moving very fast. I do not know any sector that moves faster than the blockchain space. "

NeuNer also talks about Zcash's CEO, Zooko Wilcox-O & Hearn, who claims the secret money is making steady progress after recently lowering transaction times from 40 seconds to 2 seconds.

"We have just launched the first major update of Zcash, and what it does is reduce transaction times from 40 seconds to 2 seconds …

Actually I think it's probably good enough for a serious wave of adoption because it's now efficient enough to work on cell phones. So you can buy things directly from your mobile phone without losing your behavior on the Internet. "

The episode also includes interviews with ShapeShift CEO Erik Voorhees, Rob Paone of Airswap, Michael Gu of Boxmining and Omar Bham of Crypt0.

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