Ethereum Co-Founder Accumulates These 3 Altcoins!

Ethereum (ETH) co-founder Anthony Di lorio announced that he is also interested in three popular smart contract altcoins in addition to Bitcoin (BTC) and Ethereum.

In a new interview with Kitco News, Di lorio said it’s because of the people working on these projects. Cardano (ADA), Polkadot (DOT) and Cosmos (ATOM) Said it was stocked.

“I’ve always been a huge Polkadot fan. Cosmos also intrigues me. I’m excited to see what Cardano can do. Each has what I see as potential limitations or potential issues, but I’m still buying to see what happens.”

I’m not into the inner workings of other projects, and sometimes it’s hard to spend the time it takes to really dig deep and see up close where their potentially fatal flaws might be, but projects like Polkadot… are made by Gavin Wood, a fellow co-founder of Ethereum. Behind Cardano is Charles Hoskinson. I know about the people behind them, I don’t know where they’re going or where they’re going, but they’re trying to solve problems.” As we reported, Di lorio says he believes these platforms can still offer learning opportunities if they fail.

“Many of these technologies, whether successful or not, provide valuable learning lessons in all subjects, so even if they fail or something happens, ‘Well, what have we learned from this and what can we draw from it? ‘, and these are potentially very bold attempts to solve a problem they can’t solve. I’m not sure where they’re going, but I’m examining them closely.”

Speaking after the completion of the merger in September, di Lorio said that Ethereum is still evaluating how the transition to a Proof-of-Work mechanism will serve the platform.

“I am concerned about the centralization risks of Proof of Work. I guess at the moment it turns out that there are only two addresses or something that account for almost 50% of all verifications that happen.

I’m currently interested in assets like exchanges that have a lot of power and validation. It’s not a perfect system, and who knows, things could happen that weren’t thought of before that could lead to greater risks. Let’s wait and see what happens and what comes out of it to decide which system is better.”

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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.

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