Altcoins News

Story: Ethereum Foundation Culture Fosters Financial Experimentation No Borked solutions per Udi…

By Maheen Hernandez

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Ethereum ETH Crashes Rewinds Congestions

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Udi Wertheimer expressed a lot of positive things about Ethereum.  He stated that ERC20 is a great success.

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He also stated about how several Dapps, which are built on Ethereum, are entirely centralized and about how they are good about rallying the enthusiasm factor by fixing single…

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He spoke about how there is a lot of research, which is funded by the Ethereum Foundation, with good research focused on solving real problems.

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Sydney Ifergan, the Crypto Expert, tweeted:  "There is a lot of money that one can make with Ethereum ETH.

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Wertheimer stated that ETH is a pretty liquid cryptocurrency, third after Bitcoin and Tether.

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There were several problems faced by the Ethereum Network with confusing forks, crashes, rewinds, and congestion.

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ETH has come a long way from Day #1.  It is not possible to ignore their journey.  The ecosystem of apps is rich, though somewhat centralized.

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There has been a lot of criticism on how the Ethereum (ETH) ecosystem has been organizing themselves over the past two years.

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When talking about the transition to PoS, he stated, The "transition" to Proof of Stake so far has been... not tremendous. But look at other coins.

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The Ethereum Foundation culture fosters financial experimentation. The marketing is not good; it is "downright reckless" per Wertheimer.

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