- Anthony Di Lorio says these platforms would still offer learning experiences should they fail.
- Di Lorio said Ethereum still needs to consider how the PoS switch will serve the platform.
Ethereum co-founder, Anthony Di Lorio, says he is considering investing in Cosmos (ATOM), Polkadot (DOT), and Cardano (ADA) in addition to his current investment in Bitcoin (BTC) and Ethereum (ETH). Di Lorio revealed this in an interview with Kitco news on Wednesday, September 28. He said he is investing in these three smart contract altcoins because of the people involved in the projects.
“I’m always excited about Polkadot and Cosmos, while Cardano is a project that excites me a lot too.” Di Lorio pointed out that he keeps buying “just to see” even though he has seen their potential limitations or problems. He also said he finds it challenging to spend the needed time to identify the possible fatal flaws in these projects since he isn’t among the inner circle working on any of them.
However, projects like Polkadot interest him because of Gavin Wood, while fellow Ethereum co-founder, Charles Hoskinson, is the reason he is interested in Cardano. The Ethereum co-founder said he knows the people behind these projects even if he doesn’t fully understand their plans for these projects.
However, he is sure that they are finding solutions to real-world issues. When Kitco news asked Di Lorio what would happen if these platforms failed, he responded that he would only gain valuable insights from the experiences. “Whether these technologies succeed or fail, they offer incredible learning insights. If they fail, the best thing for me is to ask myself what lessons I have learned from these failed projects.” However, he noted that even in failure, these projects were bold moves to solve real-life issues.
Concerns about Ethereum’s PoS switch
After completing the merge last month,…
