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    Home»Noticias»Vitalik Buterin, representatives of Binance and Huobi discussed the development of the cryptocurrency market

    Vitalik Buterin, representatives of Binance and Huobi discussed the development of the cryptocurrency market

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    By BlockchainJournal on junio 7, 2019 Noticias
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    Within the framework of the St. Petersburg International Economic Forum (SPIEF), the conference “Blockchain Technologies and Cryptocurrencies: Past, Present, Future” was held, where representatives of major industry players discussed the current state and development prospects of the cryptocurrency market. Reports about it DeCenter .

    In particular, the meeting was attended by Ethereum founder Vitalik Buterin, Finance Director of Huobi Chris Lee, Development Director of Binance Ted Lin, President of Canaan Creative and CEO of blockchain platform Vinci Gary Ng.

    Representatives of Huobi and Binance noted the influx of new-generation investors into the cryptocurrency market amid the positive dynamics of its growth. In their opinion, this trend will continue.

    In turn, Vitalik Buterin announced the forthcoming changes in the infrastructure of Ethereum. So, he told about the transition of the Ethereum ecosystem to stage 2.0, which was called Serenity.

    Note, the future transition of the ecosystem to the Ethereum 2.0 stage, Buterin announced last year. A large-scale upgrade will be preceded by Casper activation and transition to the Proof-of-Stake algorithm, sharding, virtual machine update (EWASM), change in cross-contract logic and protocol economics.

    In May , the test network for Ethereum 2.0 was released on the basis of Casper PoS-protocol with support for staking.

    In addition, the head of the Chinese blockchain platform VINCI, which recently launched its own cryptocurrency, announced the launch of a new generation of VINCI messenger. The new service will combine the functions of cryptocurrency management, business management and everyday communication.

    As a result, all participants of the meeting noted that digital currencies have long secured the status of a new generation financial product attractive for investors and companies.

    Earlier, during the SPIEF, the head of Sberbank, German Gref, called Bitcoin a tool for transactions, and not for investments.

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