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Former Vice President Of Morgan Stanley: Bitcoin Has Bright Future

1970-1-1 08:00| 发布者: 41caijing| 查看: 575| 评论: 0|原作者: [db:作者]|来自: ICO Brothers Media

Donald McIntyre believes that Ethereum network is suitable only to show the things that doesn’t work and more and more people will use the first crypto currency in the future.

Former business development manager at ETCDEV and Vice President of Morgan Stanley Donald McIntyre criticizes Ethereum saying that this crypto currency’s network is suitable only for experimental testing and demonstration of things that don’t work. According to the expert, switching to ETH 2.0 will change Ethereum Classic development way, reports CryptoGlobe.

Donald McIntyre claims that ETC’s main problem will be the fact that Ethereum switched to PoS algorithm and sharding. ETC will need another independent team of developers. ETC needs to grow and to reach higher hashrate to decrease 51% attack possibility and to let the users and exchange to confirm payment and deposit acceptance less.
He added that Ethereum fork has great potential because it became a ideal for decentralized and safe computations, IoT and smart contracts due to safe consensus mechanism and limited number of tokens. Former top manager of Morgan Stanley highlighted that he also believes in Bitcoin development prospects.


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