Ethereum is a Technological Dead End: Samson Mow

Controversial bitcoin maximalist Samson Mow described Ethereum as “a technological dead-end” after the digital ledger project ran out of capacity. Ethereum Struggles With Congestion Again The network utilization of Ether, Ethereum’s native asset, soared above 90 percent, according to data provided by Etherscan.io. The surge, according to Ethereum co-founder Vitalik Buterin, could prompt transactions costs to increase, making it expensive for corporate users. The comments indirectly referred to Tether Limited, a Hong Kong-incorporated firm thatRead MoreThe post Ethereum is a Technological Dead End: Samson Mow appeared first on Bitcoinist.com.