Ethereum Faces Fierce Competition from Scalable Blockchains
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Ethereum Faces Fierce Competition from Scalable Blockchains

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1 year ago

According to Justin Bons, founder of Cyber Capital, competitors will overtake Ethereum if it does not implement the proposed updates on time. Read more.

Ethereum Faces Fierce Competition from Scalable Blockchains
  • Cyber Capital founder believes competitors will overtake Ethereum if it delays upgrading.
  • Justin Bons said increasing block space does not exempt ETH from the competition.
  • Bons was concerned about the speed with which ETH was implementing already proposed upgrades.

According to Justin Bons, founder of Europe’s oldest crypto fund Cyber Capital, competitors will overtake Ethereum if it does not implement the proposed updates on time. Bons explained this in a Twitter thread, noting that ETH is in a race to scale on-chain.

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