THELOGICALINDIAN - ConsenSys begin and Ethereum cofounder Joseph Lubin told boilerplate media that Ripple isnt a Blockchain technology August 14 acknowledging it isnt a adversary for Ethereum
Speaking to Bloomberg about the accepted accompaniment of the cryptocurrency bazaar and Ethereum development, Lubin delivered an absorbing booty on two of the industry’s better names.
Asked about what would appear if “other protocols which barter acceleration or decentrazliation for security” accretion favor in the mid to long-term, Lubin appeared unfazed.
“Ripple isn’t absolutely a Blockchain technology, it’s array of a acquittal system, so I don’t absolutely accede that a competitor,” he told Bloomberg.
Continuing on EOS [coin_price coin=eos], he declared the activity as “a slightly, maybe slightly, decentralized access at architecture a Blockchain system.”
Lubin able the appellation “slightly” by apropos to EOS’ controlling apparatus, consisting of, as he put it, “twenty-one bodies who apperceive one another.”
“EOS is an absorbing technology but it’s abundantly alarming to amusement it as a layer-one technology,” he continued, antagonistic his angle was “geek allege for the afterlife of EOS.”
While both Ripple and EOS accept faced their fair allotment of criticism in contempo months, it is Ripple which has produced a bleared anecdotal about its accurate USP alike from its own executives.
As Bitcoinist reported, arch cryptographer David Schwartz declared the arrangement as “not a broadcast ledger” in words which answer Lubin, while additionally delivery doubts about uptake of the technology from its ambition market, the cyberbanking sector.
Shortly prior, CEO Brad Garlinghouse appeared to contradict his perspective, proclaiming “dozens” of banks would use Ripple [coin_price coin=ripple].
For Ethereum, meanwhile, Lubin had alone praise. Developer action in the ecosystem over the accomplished ten months has broadcast by “two orders of magnitude” admitting amount declines, he revealed.
“We feel the exponential action access in our ecosystem; it is cutting what’s activity on” he added.
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