Co-founder of the Ethereum, Joseph Lubin believes that the fall in the value of digital money does not prevent the development of cryptomarket. Now this sphere is waiting for a new round of growth, he believes.
This Joseph Lubin told an American television channel CNN. According to the expert, growth at the end of last year helped users to believe in the prospects of the market and the technology of blockchain.
At the same time, a sharp recovery in the sector made speculators worried. Then analysts explained this phenomenon as a “market bubble”. At the same time, the developers were confident that this would attract increased attention, the co-founder of the etherium noted.
Currently, programmers are improving technology - this will help prepare for a new stage of growth and interest in the digital economy.
In addition, Joseph Lubin commented on the statement of another creator of the etherium, Vitalik Buterin. Recall that he said that the industry has approached the ceiling and she no longer has opportunities for a thousand-fold growth.
According to Joseph Lubin, Vitalik Buterin is a genius, but in this matter he is forced to disagree with him. Blockchain for many years will still affect the economy, politics and social systems, ahead - a great evolution, the Canadian entrepreneur believes.
At the same time Vitalik Buterin also responded to the words of his colleague. In Twitter, he explained his early statements. “The idea was that a large part of the population already know about the crypto-currencies, so the growth will depend on how actively it is used, and not how high its interest,” wrote the founder of the Ethereum.
In general, users with digital money met. And, probably, in the near future will begin to apply it more actively. So, the market will also grow, experts believe.