Jack Dorsey doesn’t seem to be interested in anything to do with the Ethereum network, and last Friday he criticized the project.
Following Buterin’s tweet, Dorsey replied “same,” and further said: “ don’t believe any individual or institutions should own social media, or more generally media companies.
In response, Dorsey explained, that in his opinion, the Ethereum protocol has one and maybe even many single points of failure.
The former social media chief executive’s opinion had all kinds of responses, some of which agreed with him and others that did not.
Bitcoin proponent Jeff Booth, author of the book “The Price of Tomorrow: Why Deflation is the Key to an Abundant Future,” agreed with Dorsey’s criticism about Ethereum.
“If you are building on the ,” Jentzsch added.
One specific review of Web3, published during the first week of January, by the cryptographer and computer security researcher, Moxie Marlinspike, explains in great detail a number of vulnerabilities tied to non-fungible tokens , and Web3 in general.
Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
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Russia’s recently revised bill “On Digital Currency” limits crypto purchases for non-qualified investors while providing legal ground for some cryptocurrency payments, according to local media.