Regarding the recent plunging of ETH coin, V God said at the Ethereum Industry Summit that it is not because of the slow progress of fragment expansion technology, but more because of the gambling mentality of speculators. However, Wang Shengze, an innovative consultant of the Royal Bank of Scotland (RBS), believes that the “abandonment” of large institutions and companies to Ethereum has intensified the decline of Ethereum to some extent. Taking RBS as an example, its blockchain project was first built on the Ethereum public chain. Later, it tried Ripple (xrp coin) , superbook, and finally chose R3 Corda network, and developed a new upper application Cordite based on Corda. Yu Jianing, former director of the Industrial Economic Research Institute of the Ministry of Industry and Information Technology, said that the main demand of Ethereum is the issue of currency, and the decline in ETH is highly dependent on smart contract projects.
New York's cryptocurrency hedge fund Tetras Capital explained in five reports that the five reasons for taking a look at Ethereum:
Ethereum's tight network resources will conflict with the upcoming heavyweight DApp, such as Augur (REP coin). This kind of conflict will let the public fully understand the delay of Ethereum's expansion technology and concerns about its centralization; the regulator will soon hit the ICO, without the ICO, the market demand for ETH will disappear, which will lead to market reflection. ETH has increased selling pressure. As ICO may be exhausted in regulatory pressure, ICO investors and organizers are no longer interested in ETH; Ether's DApp and financing platform competitors are emerging, which will erode ETH's great value; value The storage market is gradually maturing; Bitcoin BTC needs to lead the next wave of cryptocurrency bull markets.
V God explained the recent plunging of ETH
The Ethereum Industry Development Summit was held in Hong Kong on September 8. Vitalik responded positively to the concerns of the media and Ethereum followers:
The ETH plunge has little to do with the fragment expansion technology. Ethereum's technical team has been working on the development of Casper and PoS/sharding technology. It takes a while to get an intuitive feeling; the cryptocurrency price has risen and fallen more. Related to people's gambling mentality, the reason for the decline in Ethereum prices this year is highly similar to that of September last year; the explosive growth of the blockchain industry may have passed, and the industry space is close to the ceiling; the core assets of Ethereum are community consensus, the main Competitors are centralized networks, and Ethereum remains open to all decentralized blockchain public chain projects; ETH is currently in a difficult position, considering the mandatory charging of Ethanol for block producers and DApps
扫一扫
1030
被折叠的 条评论
为什么被折叠?
到【灌水乐园】发言
