RATE Group | Where OmiseGo Founder Sees Massive Ethereum Scaling and Adoption by 2020
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Where OmiseGo Founder Sees Massive Ethereum Scaling and Adoption by 2020

01 Aug Where OmiseGo Founder Sees Massive Ethereum Scaling and Adoption by 2020

Posted at 02:17h in Ethereum News by

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ethereum

Jun Hasegawa, the founder and CEO at OmiseGo, a billion dollar blockchain network launched on top of the Ethereum protocol, has outlined the future of Ethereum and the roadmap of its growth over the next two years.

Massive Scaling and Adoption by 2020

2017 was a year of speculation for both Ethereum and projects launched on top of the public blockchain protocol. Initial coin offerings (ICOs) and token sales garnered billions of dollars per quarter, exceeding the amount of money companies in the cryptocurrency and blockchain space raised from accredited investors and venture capital firms.

The high level of speculation in the cryptocurrency industry was apparent in the rapid surge in the price of bitcoin, ether, and every other major digital asset, which increased by astronomical numbers since early 2017. Ether for instance, the native cryptocurrency of the Ethereum blockchain protocol, increased from $10 to $1,500, by 150-fold, within a 12-month period.

Subsequent to the…

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