Ethereum Co-Founder Reveals He Is Amassing Cardano, Polkadot and One Additional Smart Contract Altcoin Here’s Why

In addition to Bitcoin (BTC) and Ethereum, Ethereum (ETH) co-founder Anthony Di Lorio is eyeing Cardano (ADA), Polkadot (DOT) and Cosmos (ATOM). said.

In a new interview with Kitco News, Di Lorio says he is hoarding three smart contract altcoins for people working on these projects.

I have always been into Polkadot. I keep buying them just to see them.

I haven’t participated in the internal work of other projects, so it can be difficult to spend the time necessary to really dig in and see where potential fatal flaws lie, but Projects like Polkadot are run by Gavin Wood, another fellow co-founder of Ethereum. Cardano with Charles Hoskinson. I have knowledge of the people behind them and I don’t know where they are going, but they are trying to solve the problem.

Even if these platforms fail, DiLorio says they can still provide a learning experience.

Many of these technologies, whether they succeed or fail, offer valuable lessons learned across the board. What can we get? And potentially, they were a very brave move to solve a problem they couldnt. I’m watching

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Di Lorio said Ethereum still needs to see how the switch to a proof-of-stake mechanism will help the platform after the merger is completed in September.

We are concerned about the centralization risk of proof of stake. At the moment it shows that there are only two addresses or something that account for almost 50% of all verifications going on. I think that there.

I’m interested in entities such as exchanges that have many strengths and ongoing validations. No one knows that this is not a perfect system and that unforeseen things can happen and lead to greater risks. Let’s see what happens next and what the results are so we can decide which system is better.

Me

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