Why This Crypto Billionaire Abandoned Ethereum
Ethereum which is the second-largest cryptocurrency project in the globe has enjoyed the support of major and big-time investors in recent years. Its growth over the last year has helped to further reinforce why investors tend to choose the altcoin over Bitcoin. One of those who have supported Ethereum openly and majorly in the past has been Su Zhu, CEO, and CIO of Three Arrows Capital, a Singapore-based fund management firm. Zhu who has supported Ethereum for a while recently announced that he was leaving the digital asset behind. This came as a shock but Zhu’s reasons for making this....
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Introducing the EIP NFTs. Only authors of finalized Ethereum Improvement Proposals can mint these new NFTs that represent their contributions to Ethereum as a whole. This is a way to, not only recognize, but retroactively fund the work of the developers and philosophers that make the Ethereum ecosystem what it is. How will the market value these EIP NFTs? That’s what the experiment is about. Related Reading | Why This Crypto Billionaire Abandoned Ethereum Before we get into EIP NFTs, what’s an Ethereum Improvement Proposal? According to the project’s documentation: “Ethereum....