[Consensus Singapore] The Ethereum Foundation Aims to Launch a Scalable Solution Before the End of the Year

Consensus Singapore is one of the major blockchain and cryptocurrency events in the second half of the year. CoinsNetwork will be in full swing in Singapore for two days (September 19-20) to report the latest information. In this event, we are also one of the exhibitors. If you are present, you're welcome to find us at booth BC8.

Virgil Griffith, representative of the Ethereum Foundation Special Projects

For the blockchain, scalability has always been a big problem, and Ethereum has always wanted to solve this problem. Virgil Griffith, a special projects representative of the Ethereum Foundation, attended Consensus: Singapore today. The scalable solutions “Plasma” and “Channel State” will launch before the end of this year. “This is our goal,” he said.

Ethereum announced earlier that it would delay the development of the consensus mechanism “Casper” for 12 months to reduce block rewards and maintain stability. Griffith said that Casper still has unresolved issues. “No one knows how to deal with it, sorry.” But the team will continue to deal with the problem.