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2019-02-28 17:50:28

Ethereum Will Become "More Decentralized" with Proof-of-Stake, Says Co-Founder Joseph Lubin

Joseph Lubin, the co-founder of Ethereum and ConsenSys, a Brooklyn New York-based software technology firm dedicated to improving the Ethereum (ETH) platform, the world’s first blockchain-based network for developing decentralized applications (dApps), has said that “you get trust from decentralization, you get greater trust from greater decentralization.” In a short explainer video posted to ConsenSysMedia’s official YouTube channel, Lubin mentioned that: “Ethereum is different from Bitcoin in that it was realized as a platform for decentralized applications (dApps), whereas Bitcoin was proposed as a sort of an experiment in monetary theory.”