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The relevance of Ethereum today varies, depending on who you ask.
Even the eight co-founders of the cryptocurrency can not agree on exactly how it should evolve. What's better between centralization and decentralization networks? How must authentication be developed and guaranteed? What innovation must take place?
Co-founder Anthony Di Iorio says he believes he is all but dead in water.
<p class = "canvas-text canvas-text Mb (1.0em) Mb (0) –sm Mt (0.8em) – sm" type = "text" content = "" Ethereum is not a company, it is one of the many technologies out there and it has a lot of competition, it's the second leading technology at the moment and has most of the community around it, "said Di Iorio & nbsp; Yahoo Canada Finance during Blockchain Futurist Conference . " data-reactid = "34"> "Ethereum is not a company, it's one of the many technologies out there and it has a lot of competition, it's the second leading technology right now and has most of the community around it," Di Iorio Yahoo Canada Finance during the Blockchain Futurist Conference.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Di Iorio is the founder and CEO of Decentral a center of innovation for disruptive and decentralized technologies: Di Iorio, originally from Toronto, contributed to the start of the Toronto Bitcoin Meetup in 2012. It was here that he met the creator of Ethereum, the coder Russian-Canadian Vitalik Buterin Di Iorio used the funds accumulated from previous business relationships and funded the Ethereum Project: Di Iorio is an investor in numerous cryptographic assets including ZCash and Qtum ". data-reactid = "35"> Di Iorio is the founder and CEO of Decentral, a hub of innovation for disruptive and decentralized technologies. Di Iorio, originally from Toronto, contributed to the start of the Toronto Bitcoin Meetup in 2012. It was here that he met the creator of Ethereum, the Russian-Canadian coder Vitalik Buterin. Di Iorio used the funds he had accumulated from previous business relationships and funded the Ethereum project. Di Iorio is an investor in numerous cryptographic assets including ZCash and Qtum.
When asked if he cares about the value fluctuations observed in the cryptocurrency space, Di Iorio says quietly that he does not point out to him. Like every market there will inevitably be ups and downs, and it takes "the good with the bad".
A year of ups and downs for Bitcoin, Ethereum, Ripple and Litecoin (compared to the US dollar). (Yahoo Canada Finance)
"Last December there were people who rode that wave [referring to the record breaking trade value of Bitcoin] and in reality it is just about creating value," says Di Iorio. "There is very little value that has come out of these things yet, much because of the limitations of technology." They are testing things right now and it will take a long time for the value and the interruption of all these different sectors that will eventually come out, but it is not there yet.Much is speculation.
"I do not stress it anyway. Some people probably do it. Some people will come out of space quickly because it's not what they expected, but I do not worry, "he says.
<p class =" canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8 em) – sm "type =" text "content =" Playing the long game "data-reactid =" 59 "> Playing the long game [19659009Asuoapiceafine2017unbitcoin(BTC)valevapocomenodi20000USDUnannoprimasiscambiavasotto$1000Bitcoinharaggiunto$6000agiugnoover$8000$6000Additional_Antiquentto$7000Almomentofthepublicationunbitcoinvale728070US$
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "As for Ethereum, an Ether ( ETH ), the native token of the network, is currently at $ 224.59. "Data-reactid =" 61 "> As for Ethereum, an Ether (ETH), the token native to the network, it is currently at $ 224.59.
Both Bitcoin and Etherum are highly v latili.
"I am invested in a lot, not just in the encrypted space, and one of the reasons why Ethereum could fail," says Di Iorio. "I take more of a holistic approach to the whole ecosystem and I support many different projects, my goal has always been to feed people with tools, and I think there will be a paradigm shift along the way from lives controlled by third parties. screw parts controlled by the user We [at Decentral] create the tools that are already beginning to do so. "
Di Iorio says he does not see the mass adoption of these blockchain technologies that happen immediately. His goal is to find a way to make things easier to adopt and understand blockchain and accept the ups and downs of cryptocurrencies.
"The experience is not there for the masses, for the general public to understand, and my goal is to simplify it and insert it into an interface that people can easily use to move and manage coins and parts. different from their digital life ", explains Di Iorio. It also indicates other areas that may soon use blockchain technologies. Ethereum and Bitcoin were the first to make noise.
"This technology could be used for other areas such as a digital will in which money can be automatically dispersed through smart contracts and paid for one's siblings or anything else, without having to meet a lawyer. portfolio, "he says.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Four years ago, Hoskinson, as part of the Ethereum team, was interested in accepting venture capital and creating a "for profit entity with a more formal government structure", according to Forbes . Vitalik Buterin was firm on his position to keep Ethereum a "non-profit organization with open and decentralized governance." Hoskinson left the Ethereum organization in 2014. "data-reactid =" 72 "> Four years ago, Hoskinson, as part of the Ethereum team, was interested to accept venture capital and create a "for profit entity with a more formal government structure", according to Forbes . Vitalik Buterin was firm in his position to keep Ethereum as a "non-profit organization with open and decentralized governance". Hoskinson left the Ethereum organization in 2014.
<p class = "canvas-text canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "For the most part, Buterin was largely absent from the Ethereum discussion.Save for a brief appearance on Reddit to address the problem" ETH's inevitable collapse "remained out of the public discourse, including the recent Blockchain Futurist Conference in which its co-creators participated Buterin said online that he believes Ethereum should evolve and noted the Ethereum community is considering two proposals to put ETH in a position better. "data-reactid =" 73 "> For the most part, Buterin was largely absent from the Ethereum discussion. Apart from a brief appearance on Reddit to address "the inevitable collapse of the Eth", it remained out of the public discourse, including the recent Blockchain Futurist Conference which was attended by its co-creators. Buterin said online that he believes Ethereum should evolve and noted that the Ethereum community is considering two proposals to put ETH in a better position.
As the co-founders and supporters of Ethereum suggest, the key to this sector is collaboration and is hoped for with more layers built, the relevance, expansion and use of Ethereum will be more widespread.
According to another co-founder of Ethereum, Joseph Lubin, this new stadium is already underway.
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" We have a number of second-level solutions that will allow us to execute hundreds of thousands of transactions per second that are fully guaranteed by level one of Ethereum, "Lubin says in the clip. "It's an exponentially growing ecosystem and there's no better solution in sight."
<p class = "canvas-text canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) –sm" type = "text" content = " Is it safe? "data-reactid =" 83 "> But is it safe?
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "2018 was not the year better for cryptocurrency in terms of security: Crypto Aware results, the first half of 2018 reported a loss of more than 1.73 billion dollars in stolen goods In June, $ 32 million of cryptocurrencies are been stolen by the exchange of cryptocurrencies of South Korea, Cointhumb the largest exchange in the world.In preceded in February over 30,000 coding bugs were found in the smart contracts of Ethereum leaving millions of cryptocurrencies vulnerable to theft. according to The Next Web cheated almost $ 100 million in cryptocurrency. "data-reactid =" 84 "> 2018 was not the best year for cryptocurrency in terms of security. According to the results of Crypto Aware, the first half of 2018 recorded a loss of more than 1.73 billion dollars in stolen assets. In June, $ 32 billion of cryptogames were subtracted from South Korea's cryptocurrency exchange, Cointhumb, the six largest stock exchange in the world. In early February, Ethereum's intelligent reports reported over 30,000 coding bugs, leaving millions of people in cryptocurrency vulnerable to theft. And let's not forget also about the scams at the exit, which according to The Next Web have cheated almost $ 100 million in cryptocurrency.
It also does not help to infuse much reassurance when famous former stockbroker Jordan Befort, who served a prison term of four years after being convicted in a penny storage room, warns the public of scams in cryptographic space.
<p class = "canvas-text canvas-text Mb (1.0 em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" Bitcoin itself is not a scam, it's not I think, "he said CNBC in an" interview. "data-reactid =" 86 ">" Bitcoin is not a scam, I do not think so, "he told CNBC in an interview .
He went on to say that it is a "dark market" and that "people dive"
"It is not that bitcoin is a scam, but its nature allows fraud to occur", he argued [19659027] However, there are companies like JP Morgan who have already shown interest in space, the company has appointed a head of the "Crypto-Assets Strategy" last May.
<p class = "canvas-text canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) –sm "type =" text "content =" JP Morgan is also part of the Enterprise Ethereum Alliance (EEA), which includes over 85 companies and companies such as Deloitte, Ernst and Young (EY), Intel and Microsoft. "data-reactid =" 90 "> JP Morgan is also part of the Enterprise Ethereum Alliance (EEA), which includes over 85 companies and companies such as Deloitte, Ernst and Young (EY), Intel and Microsoft.
< p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Reddit co-founder Alexis Ohanian says betting on bitcoins despite its volatility while Google recently announced that it will share large data on the Ethereum blockchain, available for exploration via BigQuery. Ethereum also has smart contracts, which offer more capacity on the blockchain, and for many it provides more confidence and scalability. You can read the full Google blog post here . "data-reactid =" 91 "> Reddit co-founder Alexis Ohanian says to bet on bitcoin despite its volatility, while Google has recently announced that it will share big data on Ethereum's blockchain, available for exploration through BigQuery.Ethereum also has smart contracts, which offer more blockchain capabilities, and for many it provides more reliability and scalability.You can read the full post on the Google blog here.
<p class = "canvas-atom canvas- text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" "We are in this moment where it is very industrial, very technical, very based on the infrastructure and we still have a lot of work to do to create scalability and resilience in these systems we are facing, "says Matthew Roszack, CEO of Bloq a blockchain technology company. "It has to happen in real time before your brother, neighbor or hairdresser does not even know that they are working on blockchain-based systems." "Data -reactid =" 92 ">" We are at the moment where it is very industrial, very technical, very infrastructure-based and we still have a lot of work to do to create scalability and resilience in these systems we are taking " , Says Matthew Roszack, CEO of Bloq, a blockchain technology company. "It must happen in real time before your brother, neighbor or hairdresser does not even know they are turning on blockchain-based systems."
<p class = " canvas-text canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" Download the Yahoo Finance app, available for & nbsp; Apple & nbsp; and & nbsp; Android . "data-reactid =" 93 "> Download the Yahoo Finance app, available for Apple and Android.
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