Ethereum co-founder Vitalik Buterin speaks about next cryptocurrency wave & more
Ethereum co-founder, Vitalik Buterin, in a recent interview spoke about next cryptocurrency wave, the evolution of the space and more.
In the interview with Smart Valor, Buterin while speaking about the development of the crypto space, he stated that it has “definitely grown a lot.” He said, “Every time I come here, space definitely keeps growing and at this point, it’s looking like it’s just huge, you know. There’s just people in all of the different universities get interested in the technology, seeing the interest from just all the sheer number of companies that are based here.”
Vitalik Buterin also spoke about the price of all the cryptocurrencies. Since the beginning of this year, most of the top cryptocurrencies have lost more than half of their values. It is to be noted that in the recent few days the cryptocurrency has seen a massive drop since its all-time high. In fact, Ethereum also lost its second position to XRP.
The Ethereum creator also added that a massive progress has been noticed in the space and also spoke about the regulatory environment in the space, mentioning that it “seems” to be friendly. Buterin also added, “It’s definitely great when you don’t have one of those kinds of issues hanging over your shoulders.”
He said, “Like basically the next wave as of crypto adoption is not going to be built on hype because the hype is basically already come. It has to come from really useful applications and things delivering value to people.”
In other news, Switzerland’s oldest institute, University of Basel, recently awarded Vitalik Buterin with an honorary doctorate.
The award came in recognition of Buterin’s contribution to “Promoting decentralization and equal rights of participation in the digital revolution, as well as for his achievements in relation to cryptocurrencies, smart contracts, and institutional design.” The announcement was made on University of Basel’s Twitter account about the presentation.
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