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Microsoft Executive: Ethereum Will Become the Decentralized App Store By 2023 - Times Tabloid

BabaYaga

2022-01-06 (03:35:16)

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WHAT'S YOUR THOUGHTS?

Microsoft's Director of Digital Transformation Yorke Rhodes has predicted that the world's largest smart contract platform, Ethereum, will become the go-to hub for decentralized apps by 2023.

He said this against the backdrop of falling revenues from traditional app stores such as Google and Apple.

Rhodes' prediction could also be tied to the transition of the network from proof-of-work (PoW) consensus algorithm to proof of stake.

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