RATE Group | Ethereum will show its challengers their limits in 2020
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Ethereum will show its challengers their limits in 2020

Ethereum will show its challengers their limits in 2020

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  • In a blog post for ConsenSys, Andrew Keys has explained that the launch of Ethereum 2.0 in 2020 will be comparable to the switch from dial-up Internet to broadband Internet.
  • Based on the mature technology, Ethereum will establish itself as the foundation of Web 3.0 and put “new-fangled layer-one blockchains” such as Polkadot, Near and Dfinity in their place.

Andrew Keys, former Head of Global Business Development at ConsenSys and now managing partner at Digital Asset Risk Management Advisors (DARMA Capital), has given his predictions for 2020 in a new blog post for ConsenSys. If he is right, 2020 will be a decisive year for the blockchain industry.

In his opinion, the terms Bitcoin and blockchain will finally separate in the public perception. Ethereum, currently described as the dial-up Internet of 1996, is expected to become “soon the equivalent of broadband” Internet:

2020 in blockchain years is the equivalent of…

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