Ethereum co-founder and chief operating officer ‘Joseph Lubin’ in a recent interview with Bloomberg on yesterday said that he doesn’t see the current market collapse to halt the development of Ethereum further.
In а recent discussion on the state of the crypto market with Bloomberg, Lubin said that the worth surge of the past year were simply another bubble like the previous one’s.
On careful examination of these market activity charts, Lubin said:
“…we are building additional elementary infrastructure, we have a tendency to see a correction, and therefore the potential gets even more impressive… I fully expect that there’s a robust correlation between the increase in value and therefore the growth of elementary infrastructure within the scheme and therefore the growth of development within the same 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:
“So we are able to check the price and create growth plans and projections, and we’re still not off course, basically. thus this is often not surprising.”
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.