HomeCryptoErik Zhang, NEO co-founder: "Ethereum will exceed Bitcoin"

Erik Zhang, NEO co-founder: “Ethereum will exceed Bitcoin”

As stated by NEO co-founder Erik Zhang in a recent interview, Ethereum will soon outperform Bitcoin.

He explained:

Ethereum will sooner or later exceed Bitcoin and get the first position. But Ethereum will also face very fierce competition from other projects such as NEO“.

Actually, the question was referred to Bitcoin Cash, but Zhang replied by talking about BTC and not BCH.

erik zhang ethereum bitcoin

The interview continued with specific questions about the NEO technology and Zhang explained that during the next year, so not before 2020, there will be a hard fork for his blockchain, leading to the NEO 3.0 upgrade.

Currently, the goal of the NEO team is to be able to run commercial applications on a large scale and to achieve this, Erik explains, they need to improve the infrastructure so that it has a higher number of TpS (transactions per second) and make the dBFT consent algorithm more reliable.

After half a year of development, the improved NEO consensus algorithm dBFT is about to be completed. dBFT will become the best consensus mechanism for blockchains”.

Finally, Erik Zhang clarifies an important point about Chinese crypto regulation and explains that this will not affect NEO.

Trading is not illegal, exchanges are illegal. This won’t hurt NEO, or the damage to NEO is the same as any other projects. You cannot trade NEO or other tokens on Chinese exchanges. But you can legally trade NEO or other tokens in other countries“.

Amelia Tomasicchio
Amelia Tomasicchiohttps://cryptonomist.ch
Esperta di digital marketing, Amelia inizia a lavorare nel settore fintech nel 2014 dopo aver scritto la sua tesi di laurea sulla tecnologia Bitcoin. Precedentemente è stata un'autrice di diversi magazine crypto all'estero e CMO di Eidoo. Oggi è co-founder e direttrice di Cryptonomist, oltre che Italian PR manager per l'exchange Bitget. E' stata nominata una delle 30 under 30 secondo Forbes. Oggi Amelia è anche insegnante di marketing presso Digital Coach e ha pubblicato un libro "NFT: la guida completa'" edito Mondadori. Inoltre è co-founder del progetto NFT chiamati The NFT Magazine, oltre ad aiutare artisti e aziende ad entrare nel settore. Come advisor, Amelia è anche coinvolta in progetti sul metaverso come The Nemesis e OVER.
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