Ethereum 2.0, or the lack thereof thus far, has been making the news of late. For people actively following its progress, the ETH Online Kickoff Summit, which saw the likes of Vitalik Buterin and Danny Ryan discussing the development shed some light on the path to scaling ETH 2.0. Source: ETH Online Kickoff Summit A...Read More
Vitalik Buterin was in the news after speaking to the newspaper, ‘Toronto Star’, and stating that “Scalability is a big bottleneck because the Ethereum blockchain is almost full.” High transaction fees are obstructing widespread adoption, he said. His words were, “If you’re a bigger organization, the calculus is that if we join, it will not...Read More
Changpeng Zhao CZ, CEO of the world’s largest cryptocurrency exchange Binance, said that blockchain scalability is “a largely solved problem for new blockchain projects.” However, his views did not sit well with Ethereum co-founder Vitalik Buterin who strongly disagreed with him. Zhao delivered his comment on the 21st of August 2019. This was in response...Read More
Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether is enduring its first mainstream bear market, just as Bitcoin did back in 2014-15. Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether (ETH) is enduring its first mainstream bear market, just as Bitcoin (BTC) did back in 2014-15. In a tweet...Read More
Scalability is still a point of concern for Bitcoin — but clever minds continue to produce innovative proposals to resolve bottlenecks. One of the specific scalability concerns is the growth of the unspent transaction output (UTXO) data set held by Bitcoin nodes. This is the list of all (fractions of) bitcoin in existence and details...Read More
