Ethereum will help you cope with the crisis
The Ethereum founder noted that the new crisis will be only partially financial. One of the main difficulties that looms is the discord between governments and nations. Blockchain technology can help you overcome these barriers.
"I am confident that blockchain and Ethereum in particular will play the role of a global neutral player, ensuring the interaction of systems, currencies and applications. I believe that the tools created by governments will not cope with this role, " said the creator of Altcoin Vitaly Buterin.
He noted that the current crisis could make the blockchain more popular for solving problems of a financial nature. For example, the technology can be applied to issues related to censorship and data privacy violations. The current situation is similar to the 2008 financial crisis. Buterin believes that the situation in the markets can become an incentive for a sharp increase in prices in the cryptocurrency market.
We would like to inform you at the end of April, we launched Ethereum 2.0 Beacon — a test version of the new network, which is based on the Proof-of-Stake (POS) algorithm. The test version should run for at least two months before launching the main network, but it is already popular.
The Ethereum founder noted that the new crisis will be only partially financial. One of the main difficulties that looms is the discord between governments and nations. Blockchain technology can help you overcome these barriers.
"I am confident that blockchain and Ethereum in particular will play the role of a global neutral player, ensuring the interaction of systems, currencies and applications. I believe that the tools created by governments will not cope with this role, " said the creator of Altcoin Vitaly Buterin.
He noted that the current crisis could make the blockchain more popular for solving problems of a financial nature. For example, the technology can be applied to issues related to censorship and data privacy violations. The current situation is similar to the 2008 financial crisis. Buterin believes that the situation in the markets can become an incentive for a sharp increase in prices in the cryptocurrency market.
We would like to inform you at the end of April, we launched Ethereum 2.0 Beacon — a test version of the new network, which is based on the Proof-of-Stake (POS) algorithm. The test version should run for at least two months before launching the main network, but it is already popular.