New Crypto Projects Are Genuine Threat to Ethereum, Says Synthetix Founder Kain Warwick

New Crypto Projects Are Genuine Threat to Ethereum, Says Synthetix Founder Kain Warwick


The founder of derivatives liquidity protocol Synthetix, Kain Warwick, believes a number of new smart contract blockchains are now legitimate rivals to Ethereum.

In a new interview with UpOnly, Warwick says the pace of Ethereum’s development has allowed competitors to enter the fray.

 

Trending: Multiple Individuals Push Multiple Ballots through Multiple Tabulators Multiple Times in Georgia. This Is Illegal. Law Enforcement Does Nothing.

“We now have allowed genuine competitors to emerge that are a threat to the Ethereum ecosystem. And we need to address that as a community. We need to be pragmatic about things and we need practical solutions that work now…

If you say, ‘Well, we’re going to wait for a perfect solution. We’re not going to be pragmatic about this. We’re going to just keep doing what we’re doing until we design something that’s amazing and has no trade-offs and solves every problem,’ other people will come along and they will be pragmatic.”

On the flip side, the Synthetix founder points out that scaling solutions such as Arbitrum and Polygon are boosting Ethereum’s competitiveness against

Continue reading

You Might Like

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend