RATE Group | Ethereum Researcher Justin Drake Will Discuss Creating a Blockchain Startup at Disrupt B…
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Ethereum Researcher Justin Drake Will Discuss Creating a Blockchain Startup at Disrupt B…

22 Oct Ethereum Researcher Justin Drake Will Discuss Creating a Blockchain Startup at Disrupt B…

Posted at 22:33h in Ethereum News by

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Ethereum needs all the help it can get these days, and with the addition of researcher Justin Drake at TechCrunch Disrupt Berlin, it just might garner the appeal it so desperately needs.

Ethereum Needs Some Good PR

Ethereum is the world’s second-largest cryptocurrency by market cap and the number one competitor to bitcoin. It also boasts smart contract capabilities, which makes it one of the most popular blockchains for building new tokens and applications. Unfortunately, this popularity has also been one of its biggest downfalls.

Co-founder Vitalik Buterin has emerged recently to say that the Ethereum blockchain is no longer “scalable,” and it’s become far too congested with all the new apps being built on its blockchain. This has led to several problems including high gas fees and slow transaction times. Thus, in terms of sending and receiving funds, it is hardly better than its predecessor bitcoin.

In addition, the currency appears to be transferring to a proof-of-stake…

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