Ethereum co-founder and chief operating officer‘Joseph Lubin’ in a recent interview with Bloomberg onyesterday said that hedoesn’tsee the current market collapse to halt the development of Ethereum further.
In а recent discussion on the state of the crypto market with Bloomberg, Lubinsaidthatthe worth surge of the past year weresimplyanother bubble like the previous one’s.
On careful examination of these market activity charts, Lubin said:
“…we are buildingadditionalelementaryinfrastructure,we have a tendency tosee a correction,and therefore the potential gets evenmoreimpressive… Ifullyexpect thatthere’sa robustcorrelation betweenthe increase invalueand therefore thegrowth ofelementaryinfrastructurewithin theschemeand therefore thegrowth of developmentwithin thesame scheme.We are probably two orders of magnitude bigger as a developer community than we were eight or 10 months ago.”
Lubin was thereby asked further about the demerits of market volatility on the growth of the company. He said:
“Sowe are able tocheckthe priceandcreategrowth plans and projections, and we’re stillnot off course, basically.thusthis is oftennotsurprising.”
Yesterday as reported Etherdesk, The Second major cryptocurrency Ethereum ‘ETH’ waved at a price mark of $269.9 USD which is lowest since the start of this year.