Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Fawpac2 on June 12, 2021, 11:59:17 PM

Title: Nvidia CEO says ‘Ethereum is going to be valuable’ and is excited about Proof-of
Post by: Fawpac2 on June 12, 2021, 11:59:17 PM

During a recent interview with VentureBeat’s Dean Takashi in an online-only Computex event,  Jensen Huang, CEO of Nvidia, gave his thoughts on the Ethereum Proof-of-Stake blockchain and its value. With the Ethereum network’s current reputation, Huang believes many people consider it a legitimate, established, and credible network that works well. At present, “a lot of people depend on it for DeFi and other things. This is a great time for proof of stake to come.” Huang elaborated: “Am I excited about proof of stake? The answer’s yes. I believe that the demand for Ethereum has reached such a high level that it would be nice for either somebody to come up with an ASIC that does it, or for there to be another method,” – the Nvidia CEO told VentureBeat. Source (https://cryptonews.net/797273/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)