Vitalik says Ethereum Apps are Screwed by Scaling

Vitalik Buterin, the Canadian genius who created Ethereum at the young age of 19, recently spoke at the Deconomy Convention.

He ditched his speech on Ethereum's upcoming upgrades to cover the more broad blockchain scalability issues. He went as far as saying Ethereum is screwed in it's current form and transaction capabilities.

We also take a look at a video of Dan Larimer asking Vitalik how he was going to solve it.

Dan created Steem, then Bitshares, in his pursuit of the ultimate blockchain. His third creation, looks like it will be a masterpiece that should deliver a frictionless, fee-less, instant and most importantly, scalable ledger. EOS will be launching it’s Mainnet version 1.0 in June this year.