Crypto Growth Nears `Ceiling,' Ethereum Co-Founder Buterin Says

  • Opportunities for 1,000-times growth no longer out there
  • Next step seen getting people interested in real applications
The days of explosive growth in blockchain have likely come and gone, co-founder of Ethereum says. Eric Lam reports.(Source: Bloomberg)
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The days of explosive growth in the blockchain industry have likely come and gone now the average person is aware of its existence, according to Vitalik Buterin, co-founder of Ethereum.

“The blockchain space is getting to the point where there’s a ceiling in sight,” Buterin said in a Sept. 8 interview with Bloomberg at the Ethereum Industry Summit conference in Hong Kong. “If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”