() co-founder has stated he was trying to solve ’s () limited functionality with the creation of , according to an interview with Business Insider on Feb. 28.
During the interview, Buterin compared to a plot key calculator, stating that it does one thing and it does it well, while he believes is more like a smartphone, which can run apps capable of doing almost everything, including acting as a plot key calculator.
Buterin concluded by defining his solution in a single sentence:
“So [what I did is] basically taking that same kind of [smartphone] idea of increasing the power of the system by making it more general purpose and applying it to blockchains.”
As Cointelegraph in February, Buterin has disclosed that his crypto investments are virtually exclusively devoted to the network, with his total non-ETH holdings — comprised of Cash (), , Dogecoin () and Zcash () — accounting for less than 10 percent of the value of his holdings.
Also, in December last year, Buterin had that future blockchains with sharding based on will be “thousands of times more efficient,” and that non-financial enabled by cheaper transactions will become “a bigger part of the story.”
Published at Sun, 03 Mar 2019 13:06:41 +0000
