ISTANBUL – Bitcoin maximalist Michael Saylor has questioned the soundness of Ethereum, both in terms of its technical development and its ethics.
Saylor, the founder and CEO of business-intelligence software firm MicroStrategy , spoke remotely for close to an hour atSaylor, whose MicroStrategy holds a stash of 129,218 bitcoin worth about $2.8 billion at current prices, noted that he was speaking as an institutional investor and in that regard, one would"have to wait until the protocol is complete.
Saylor also questioned the lack of time-tested information about Ethereum, saying it led to concerns about the protocol's technical reliability and security. "'Technically sound' means I need to see the protocol function for that thing after about five to 10 years. So we don’t know that, either. Right? Because if you are hard forking and changing it, every time you do a big upgrade, you introduce new attack surfaces" he said."'Ethically sound' means I need to know that nobody could change [the protocol], which includes Vitalik.
saylor ethereum MicroStrategy If Ethereum gets classified as a security, it will only be a boon to the holders,. probably moreso than the merge. Droves of people will stuff their retirement and brokerage accounts with it - monsoonadoption
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