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September 10, 2018 04:00 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/GEt6YOijao8/crypto-growth-nears-ceiling-ethereum-co-founder-buterin-says
Crypto Growth Nears 'Ceiling,' Ethereum Co-Founder Buterin Says
The days of explosive growth in the blockchain industry have likely come and gone now the average person is aware of its existence, according to Vitalik Buterin, co-founder of Ethereum. From a report: "The blockchain space is getting to the point where there's a ceiling in sight," Buterin said in a Sept. 8 interview with Bloomberg at the Ethereum Industry Summit conference in Hong Kong. "If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn't an opportunity for yet another 1,000-times growth in anything in the space anymore." Growth in Bitcoin and other cryptocurrencies in the blockchain community through its first six or seven years was dependent on marketing and trying to get wider adoption, Buterin said. "That strategy is getting close to hitting a dead end," he said.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/GEt6YOijao8/crypto-growth-nears-ceiling-ethereum-co-founder-buterin-says
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