End of CZ's Career
Changpeng Zhao missed the chance to buy ETH in 2015 and now regrets the decision he made back then. He sees it as the biggest mistake of his entire life.
"If I had invested in Ethereum at that time, it could have changed the trajectory of my life. But I had some doubts, and that prevented me from making a well-considered decision," said Changpeng Zhao about what led him to forgo investing in Ether.
Considering the success of Binance, the largest cryptocurrency exchange
by trading volume, CZ admits that by becoming an early investor in Ethereum, he
would likely have ignored the opportunity to create a gigantic crypto platform.
Ethereum opens the way for developers to deploy their own blockchain-based applications, making them more flexible and versatile. Ether serves as the platform's native token, used for transaction fees and rewarding miners for processing operations.
Lado Okhotnikov congratulated Vitalik Buterin on the anniversary of the project's launch and responded to the question of why Meta Force operates on Polygon rather than Ethereum:
"Ethereum is a first-generation blockchain that often faces
scalability issues. During periods of high network activity, transaction times
increase significantly, and the associated fees rise. On the other hand,
Polygon offers a second-layer solution, enabling processing of thousands of
transactions per second with low fees and high speed."
#Ethereum #Polygon #MetaForce #MaticNetwork #Blockchain #Cryptocurrency
#SmartContracts #DApps #DeFi #CryptoUpdates #CryptoNews
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