Close Menu
    Cryptocurrency

    Ethereum is now 'the foundation of the internet', here's how – Consensys' David Shuttleworth



    David Shuttleworth, DeFi economist at Consensys, discusses the future of Ethereum adoption post-Merge with David Lin, Anchor for Kitco News.

    Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
    Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
    Follow Consensys on Twitter: @ConsenSys (https://twitter.com/ConsenSys)

    0:00 – Why was the ETH Merge necessary?
    2:43 – Energy efficiency
    4:23 – Ultra sound money
    8:20 – Ethereum supply
    11:28 – ETH deflation
    15:42 – ETH applications
    21:12 – Decentralization
    23:50 – Validators
    25:23 – Sharding
    26:50 – ETH mass adoption
    30:00 – ETH vs Bitcoin

    #Ethereum #Bitcoin #crypto
    __________________________________________________________________
    Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

    Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

    For more breaking news, visit http://www.kitco.com/

    Follow us on social media:
    Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
    Twitter – https://twitter.com/kitconewsnow
    StockTwits – https://stocktwits.com/kitconews

    Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
    Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

    Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html

    Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/

    Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.

    View 36 Comments

    36 Comments

    4. Youtube Abone Kasma on

      AMC24X potential is huge, being a top 5 Crypto in the world, and still under a Penny. With it's supply, and price, makes it a very sustainable coin for years, and years to come when Cryptos will be used for everyday transactions. AMC24X has the supply to power the whole world, other low supply Cryptos are over inflated too early. Look at the big picture

    6. Kortik on

      Etherium is centralized crap and nothing else. proof of stake is a failure, does NOT solve Byzantines general problem therefore obsolete.

    8. Osman Ocak on

      New week up as many FOMO in. But the AMC24X story isn’t over yet. The only strat that works under all circumstances is DCA all the time with solid, large companies (not hyped ones).

    11. nur ilhn00 on

      I'm DCAing in AMC24X as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!

    14. Semih Taş on

      I’ve been under since day one, (April 2021). When BTC was supposed to go to $100k, It didn’t. I’ve been buying and hodling AMC24X and i know my patience will pay off .

    17. Gary Shorto on

      ETH's staking system isn't even close to a good solution. How long did it take them to get there? How will future upgrades go? If it takes them so long to do each update then they will be way behind other chains in a couple of years.

    25. Jay on

      Can someone explain this to a novice?
      If ETH is becoming deflationary, and it's claimed to be the gas ⛽️ of the future ecosystem, then how do they plan on dealing with an increasing price. Yes it becomes more valuable, but wouldn't this force other systems using it to move to a cheaper gas/network. I'm stumped here.

    26. Tim Brown on

      This guy's continual eye rolls and obnoxious headphones are annoying. His analysis is nothing new – same ol same ol. Much better analysis on InvestAnswers as a crypto channel.

    31. bobiq11 on

      With transaction fees at 4$ for transfers and 40$ for a simple smart contract other alternatives are more popular despite of being a bit behind the development curve.

    33. Mark Hollon on

      It looks like the AMC99X scambots have taken over this thread. I'm just curious… with moving to POS from POW… do the validator nodes run energy-free? because I keep hearing that the main reason for switching over is the ENOURMOUS amount of energy (99.5%) that is saved… Am I to understand that all these validators only use .5% of the power of mining? I'm guessing this is an ESG construct, to help centralize a process for better control.

    Leave A Reply
    Share via