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21 January 2021

Celsius’ CEO thinks Ethereum could lose its market dominance if this doesn't happen

Celsius’ CEO thinks Ethereum could lose its market dominance if this doesn't happen


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Ethereum 2.0 recently fired up its Beacon Chain, concluding Phase 0 of a scaling effort years in the making.

Although he expressed faith in Eth2, Celsius CEO and founder Alex Mashinsky believes that the network could lose its spotlight if it doesn’t scale quickly and significantly.

Ethereum co-founder Vitalik Buterin previously said that he believes the network can scale to 100,000 transactions per second.

MyEtherWallet’s founder said he expects Eth2’s next phases will take years to fully play out.

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cointelegraph.com
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