Founder of Ethereum, one of the iconic names of the crypto money world Vitalic Buterineanswered questions from the AMA (Ask Me Anything) session held on Reddit. ETH The founder spoke about the sustainability of blockchain projects.
Buterin stated that there are thousands of projects on the market and that the developers “a new feature for users” believes that if he does not deliver, he will fail at the end of the day.
Ethereum According to its founder, developers should respond to the needs of average people rather than chasing high-level work. Buterin likened this to the fact that despite the establishment of hundreds of social media platforms, only Facebook and Twitter were dominant.
“Average users are looking for new features they can use. Blockchain networks that try to compete almost exactly like Ethereum cannot be successful in the long run.”
Crypto Industry Continues to Mature
After speaking about the projects, Buterin shared his thoughts on the adoption of cryptocurrencies in the world. According to the crypto phenomenon, the industry still has a long way to go.
“The rotten apples must be wiped out from us for progress to continue. If a scenario similar to the dot-com bubble occurs in crypto, it will happen.”
Buterin, for the question about crypto prices “We should focus on developing technology before price” said.
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