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21 June 2021

Reddit Co-Founder Says 'A Lot' of His Holdings Are in Ethereum - Decrypt

Reddit Co-Founder Says 'A Lot' of His Holdings Are in Ethereum - Decrypt


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"I do think Ethereum [has], at least for the next year or two, really got the most to prove, or at least the most potential to show something because there are so many interesting applications," Ohanian told Andrew Ross Sorkin on CNBC's "Squawk Box" this morning.

Unlike the Bitcoin blockchain, which is mostly used to create and transact securely with digital money, the Ethereum blockchain more broadly incorporates smart contract code that cuts out intermediaries and allows people to build applications atop the blockchain.

NFTs registered over $2 billion in sales, much of that coming from the Ethereum blockchain, on which they originally appeared.

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