Home Business Another major cryptocurrency quits the second largest cryptocurrency founder announces his withdrawal from the cryptocurrency circle | XFastest News

Another major cryptocurrency quits the second largest cryptocurrency founder announces his withdrawal from the cryptocurrency circle | XFastest News

by news dir

Recently, the founders of some popular cryptocurrencies have announced their departure from the currency circle one after another.According to foreign media reports, Anthony Di Iorio, the co-founder of Ethereum, the second-largest cryptocurrency by market value, said that for personal safety reasons, he will withdraw from the currency circle.

According to Anthony Di Iorio, there are some problems that have made him no longer keen on cryptocurrency, and it will make him feel insecure in this circle. If the cryptocurrency field needs him again, it will still come back. However, it is clear that cryptocurrency is often not so important.

As for the number of cryptocurrencies held, Anthony Di Iorio did not disclose. It intends to devote itself to philanthropy and other fields, as long as it has nothing to do with cryptocurrency, and it also has to sever ties with other startups that it has participated in before and no longer fund any blockchain projects.

In addition to being the co-founder of Ethereum, Anthony Di Iorio is also the founder and CEO of Decentral Inc., a decentralized technology innovation center and software development company. At present, it has already begun to sell the company and has communicated with several potential investors. The valuation will reach hundreds of millions of dollars. It hopes to trade in fiat currency or share equity in other companies.

At the end of 2013, Anthony Di Iorio funded and co-founded the open-source public blockchain platform with smart contract functions-Ethereum, which provides a decentralized virtual machine through its dedicated cryptocurrency Ether (Ether) to handle transactions. Wait for the contract. At present, the price of Ethereum is approximately US$1,869, and the total market value is approximately US$218.3 billion, which is lower than Bitcoin’s US$589.4 billion, making it the second largest cryptocurrency.

It is worth mentioning that one of the founders of Dogecoin, which suddenly became popular this year, Jackson Palmer, has recently publicly announced that the crazy rise of cryptocurrency is irrational, and he vowed that he will not enter the currency circle again in his life.

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