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Ethereum (ETH) is Suboptimal for ICOs: StellarX Co-Founder | Crypto Gazette – Daily Cryp…

18 Aug Ethereum (ETH) is Suboptimal for ICOs: StellarX Co-Founder | Crypto Gazette – Daily Cryp…

Posted at 21:33h in Ethereum News by

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A co-founder of StellarX has published a new research project explaining why Ethereum (ETH) isn’t the ideal network for ICO launch.

This comes despite the fact that the Ethereum has been the preferred channel for many ICO’s, although possibly only because of its first mover’s advantage and liquidity.

In a tweet by StellarX, the firm states:

While we finish up StellarX, we wanted to share a research project on Ethereum we did earlier in the year. We ran our own at-scale load tests and got scary results. https://blog.stellarx.com/the-great-filter-why-you-shouldnt-ico-on-ethereum/ …

Entrepreneurs are using Ethereum wrongly

The blog post at the beginning acknowledged that Ethereum is a wonderful technology. However, it added that entrepreneurs have applied the platform to the wrong applications.

The anonymous co-founder whose first name is Christian added that if projects don’t adapt to the strength of Ethereum’s network, they will…

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