Cryptocurrencies
Ethereum Founder Says Days of ‘1,000-Times’ Gains in Crypto Are Over
- Vitalik Buterin commented over the weekend in Hong Kong
- Next step seen getting people interested in real applications
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The days of explosive growth in the blockchain industry have likely come and gone now that 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.”