Technology

Golem CEO: Ethereum is by far the most promising blockchain platform

Golem's CEO, Julian Zawistowski, recently joined us for the session TNW Answers where he was more than happy to share his views on choosing the blockchain platform from the company.

"Ethereum is by far the most promising platform and we can not see another one closely," Golem said to a question about Ethereum's scalability issues and whether Golem would consider migrating. "Of course, we'd better interact with the blockchain and once Ethereum is scaled up, we can do it more broadly."

When another participant asked why he chose to build Golem on Ethereum, he said:

We have been supporting and building on Ethereum since its inception. In fact, we realized that Golem would be possible to be built and work on Ethereum and thanks to Ethereum.

Zawistowski also suggested that he does not like the way the ICOs have evolved and are running, even though Golem himself has raised money to through one. "The whole ICO mania does not help the space [cryptocurrency]," he said in one of the answers.

Ethereum, while supporting the maximum number of altcoins built on top of its blockchain, continues to suffer from scalability problems, which means that the platform can not support a large number of users on its platform. When Cryptokitties became viral, network congestion multiplied by six the number of transactions pending .

Ethereum, at the same time, also worked to solve the scalability challenges associated with its platform. He began testing fragmentation technology in February.

Vitalik Buterin, co-founder of Ethereum, in fact, teased late April that the technology could soon be implemented on the Ethereum platform.

The Ethereum Foundation also announced a grant in January of this year for projects addressing the scalability issues of its network, then extending it to safety and security. 39; utility.

Zawistowski is certainly a believer in Ethereum.

The Golem Project was put online on the Ethereum Mainnet last month and is often presented as one of the most ambitious projects ever built on its blockchain

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You can see the entire AMA session with Zawistowski here .

Posted on May 17, 2018 – 17:09 UTC

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