Ethereum To Surpass Bitcoin? Gavin Andresen Tweet Foretells Growing Sentiment
Gavin Andresen raised eyebrows recently when he tweeted that Ethereum has more nodes now than bitcoin and that it will grow its lead as its block size exceeds bitcoin’s. Andresen, chief scientist at the Bitcoin Foundation and lead developer of Bitcoin until 2014, has raised concerns in the past about the bitcoin block size. He has noted the possibility that the bitcoin community could see exchanges, miners and merchants move to a highly centralized clearing agreement model. He believes that this will indicate an unhealthy bitcoin network that will be even slower, less reliable and more....
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Gavin Andresen, in his recent tweet, predicts a bright future for Ethereum protocol. What’s up with Ethereum? Is it really going to be the “Bitcoin Killer” as people labeled it in its early days, or just fizzle out? At least Gavin Andresen, one of the leading personalities in the Bitcoin community seems to think so. He has made his opinion public in his latest tweet, which says: “Ethereum has more nodes today than Bitcoin. Prediction: its lead will grow even as its blockchain size exceeds bitcoin’s.” It is not clear whether his tweet was a result of all the frustration that has built up....
In a recent blog post to GavinTech, Gavin Andresen admitted that he has recently been thinking about ethereum "a bit." Ethereum is a Bitcoin 2.0 project that is creating "a revolutionary new platform for applications." Vitalik Buterin, one of ethereum's founders, was recently awarded the Thiel Fellowship, a $100,000 fellowship awarded to 20 bright entrepreneurs around the world under the age of 20. Gavin revealed that he thinks some parts of ethereum, such as the new proof-of-work and new currency, are needlessly re-engineered while admitting particular interest in the development of smart....
When things get more complicated, and layer upon layer of functions and interacting smart contracts are built, the average user will no longer be able to make sense of it all. Despite all of the focus on the Ethereum ecosystem right now, one of the questions waiting to be answered is when the first project making great use of this protocol will come to fruition. Gavin Andresen is waiting for that project as well, and he feels how Ethereum smart contracts could potentially cause issues. It is important to note Gavin Andresen is not hostile towards Ethereum by any means. During a recent AMA....
Gavin Andresen had some harsh words for the Bitcoin cloud mining industry on Reddit. Gavin Andresen, perhaps the most respected and well-known Bitcoin developer today, made a rather interesting statement about Bitcoin cloud mining the other day, and the strange thing is that it went basically unnoticed by the community as a whole. Redditor /u/zapt0 asked the /r/Bitcoin community about mining contracts and whether or not they could be solid investments, and most of the responses were rather negative when discussion came to the long term prospects of earning money through one of these cloud....
This situation becomes especially painful when considering how Satoshi Nakamoto himself appointed Gavin Andresen as being the one to take over the “reigns” of Bitcoin development Now that the Craig Wright debacle has calmed down again, there is still the pressing matter of what will happen with Gavin Andresen. After the Bitcoin Core team revoked his commit access, there seems to be no indication of restoring the Bitcoin developer to his precious status. A lot of people were surprised when Gavin Andresen of all people came forward and identified Craig Wright as being Satoshi Nakamoto. Even....