Former Bitcoin developer comments on Ethereum: "It's the only choice..."
Jeff Garzik, who developed the #Bitcoin blockchain during Satoshi Nakamoto's active career and worked closely with the legendary figure, stated that Ethereum's technology will make it much stronger in the long run. In an interview, Garzik said, "Everyone is working on the EVM. That's why I'm looking beyond the price and into the future."
The recent surge in the price of #Ether appears to have affected Jeff Garzik, one of Bitcoin's veteran developers. Speaking to US media outlet Decrypt, Garzik stated that he focuses on technology rather than price at Ethereum and is looking at the long term. "In 10-20 years, there will only be two."
Emphasizing the importance of Ethereum's technology and decentralization, the renowned developer said:
"I'm definitely not negative about #Ethereum . Because the fact is, everyone is working and building on EVMs. Therefore, I want to look beyond the price. What do you think will happen 10-20 years from now? I think, unquestionably, only Bitcoin and Ethereum will remain..."
Garzik also stated that Ethereum is the first programming tool developers consider, whether it's a smart contract or a dApp, and that this mindset will propel them forward in the long run:
"Whether it's the first layer or the second layer, everyone's first choice is the Ethereum network..."
The price of Ether has seen significant recent increases, particularly driven by ETFs and corporate acquisitions. The price is now pushing $4,000 after months, and spot ETFs in the US saw $1.8 billion in net investment last week alone.
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