Star Star Star William Shatner defends Ethereum from inaccurate claims


William Shatner, a renowned Canadian actor, author, producer, director and singer famous for his role in the famous Star Trek media franchise, recently defended Ethereum and its technology.

On November 7, Shatner labeled Vitalik Buterin, a co-creator of Ethereum, in a Tweet, publicly explaining his interest in cryptocurrencies and blockchain.

Several people responded to Shatner's statement, falsely accusing Ethereum of being a scam because of its premise. Although he reported having more nodes distributed geographically than Bitcoin, as demonstrated by Cornell's research or professor Emin Gun Sirer, erroneous statements regarding the centralization of Ethereum were also issued.

In defense of Ethereum, demonstrating a thorough knowledge of Ethereum, blockchain technology and cryptocurrencies in general, Shatner He said:

"So, as a programmer, develop your blockchain technology where you can be sure of 1000% of decentralization, or push money into a mattress, I've heard that it's only overseen by the insect community, its views do not take into account the fact that the code must be verified by an auditing firm and approved by the consortium or not accepted, and thinks it exists in a bubble, which is why we have ERC-20, ERC-721 … ERC-1701. "

The community welcomes Shatner

The cryptocurrency community has reacted positively to the unexpected inclusion of Shatner's Ethereum and blockchain technology, and in particular to his in-depth knowledge of the subject.

Changpeng Zhao, CEO of Binance, the world's largest cryptocurrency trading platform with a daily trading volume of $ 1 billion according to the research of the Blockchain Transparency Institute, noted that the crypt is spreading rapidly into the mainstream.

This week, as reported by CCN, former Google CEO Eric Schmidt has publicly stated that Ethereum, often described as the global supercomputer, has great potential to become a powerful platform during an interview with the economist Tyler Crown.

"I think the most interesting thing that is happening is the beginning of the execution at the top of the blockchain – the most obvious example is the ability of ethereum, and if ethereum can find a way to do the global synchronization of that activity, this is a rather powerful platform.This is a really new invention. "

Increasing the adoption and the embrace of respected public figures and individuals in the areas of finance and technology is critical to the long-term adoption of technology.

The concept of decentralization and peer-to-peer systems can be difficult to understand, especially considering the fact that centralized platforms are much more efficient in information processing.

However, despite the performance mismatch, an exponentially growing number of individuals, businesses and institutions have started experimenting with and using blockchain-based systems.

Distribution as important as development

As Kim Hyun Joong, a computer professor at Korea University, the second most prestigious college in South Korea after the University of Seoul, said, the distribution of decentralized systems is as important as development.

"Even if a project has advanced technology, if the project does not sell, it's useless, but if the project is less sophisticated in technology but sells well, it can compete – it's important for developers not to sacrifice everything for the technology" .

The approval of public blockchain projects such as Ethereum of public figures such as William Shatner and Eric Shmidt will have a positive impact on the growth of cryptography awareness.

Featured image of Flickr / Crosa.

Follow us on Telegram or subscribe to our newsletter here.


Source link