Charles Hoskinson opines about Ethereum co-founder Vitalik Buterin & his ‘ceiling in sight’ view
Cardano’s Charles Hoskinson conducted an Ask Me Anything [AMA] session recently and shared his opinion about the view of Ethereum co-founder Vitalik Buterin regarding the blockchain industry. Apart from it, he also shed light on his lifestyle, social media patterns he follows and his recent Twitter exodus.
In an interview with Bloomberg at the Ethereum Industry Summit conference in Hong Kong on Saturday, Vitalik Buterin said, “The blockchain space is getting to the point where there’s a ceiling in sight.”
“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,” he added.
During the AMA session, Hoskinson was asked about his view about what Buterin had said regarding the blockchain space. In response, Hoskinson said that he doesn’t think that there’s a ceiling in sight.
“I remember when I first entered the space, there was just Bitcoin and we had a lot of forks of Bitcoin, things were pretty stagnant,” he said. He explained that later, coins such as Litecoin, Feathercoin and others started coming up where one changes a few things and markets it differently, giving the example of Litecoin increasingly being known as the new silver.
“And then all this new stuff came up at the back of that and now, we’re in the third generation.” Slightly agreeing to Vitalik, he said that probably “we peaked on the second (generation) and we are getting crowded on that side of the space.”
He also spoke about how peer review systems are crucial in developing a network, even though some developers believe peer review systems are a waste of time.
He added that the different stages in a peer review system ensure that any mistake in the primary stages can be rectified and presented properly.
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