Ethereum Backers Respond to Critics: ‘Markets Will Catch Up’

Description

TORONTO — Ethereum just completed its most significant upgrade in more than a year, but the milestone comes after a turbulent stretch for the blockchain. The price of ether (ETH) has declined, developers have migrated to rival platforms, and the Ethereum Foundation — a nonprofit steward of the project — has faced criticism for a lack of coordination and vision. Speaking on a panel at CoinDesk’s Consensus conference in Toronto, Paul Brody — global blockchain leader at EY and chairman of the Enter...