Vitalik Buterin claims that the crypto market is no longer in its early stages.
Buterin added that there has been a decline in the transaction confirmation time of ETH.
The crypto entrepreneur compared crypto’s growth to the boom in AI and the Internet.
Ethereum co-founder Vitalik Buterin spoke at Token2049, discussing the future of crypto and asserting that the digital asset market has moved past its early stages. The crypto entrepreneur was hinting at the massive developments in the crypto space over the past few years via his comments.
Crypto’s Evolution Compared to the Internet
During his keynote speech, “What Excites Me About the Next Decade,” Buterin addressed the common belief that the crypto sector is “still building infrastructure” and in its early stages. He drew a comparison between the creation of the Internet and the global adoption of digital assets and blockchain services.
Buterin noted that people have been saying the crypto market is still in its early stages since the launch of Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization. He added, “one of the real challenges we face now is that today’s crypto field …
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