Brave New Coin analyst Aditya Das joins Andy to discuss his new report - Ethereum at the Crossroads: The Istanbul hardfork and its implications.
Heading into the latter part of 2019, Ethereum finds itself at a crossroads. In its current state, it has failed to provide working solutions for enterprise customers. Despite an easy to understand ‘world computer that powers the decentralized internet’ narrative, real-world applications are few and far between.
On the Crypto Conversation Andy and Aditya discuss Bitcoin’s dominance in 2019 and why Ethereum hasn’t been able to match Bitcoin’s price performance.
According to Das, Bitcoin is benefiting from the fact that it is the crypto market’s hardest asset. “Bitcoin is the oldest, most tried and tested digital asset. Ethereum can't compete with it when it comes to acting as a hedge in a volatile geopolitical market,” he said.
Due to the twin threats of a multitude of competitors and the growing impatience of a developer/client base that expects Ethereum to enable real-world solutions, the project is scheduled to make two major network updates in the next six months. The first of these, Istanbul, is a hard fork set to occur in October. This will complete the Metropolis stage of Ethereum development. Read More at BraveNewCoin...