Ethereum’s Buterin sees bright crypto future after ‘baptism of fire’ #CriptoNews

SINGAPORE — Cryptocurrencies’ spectacular crashes over the past few years have laid the groundwork for transforming them into a technology to be taken seriously, said the inventor of the blockchain underpinning Ether, the world’s second-largest digital token after Bitcoin.

Vitalik Buterin, co-founder of the Ethereum blockchain, a distributed ledger technology used globally by developers to build peer-to-peer platforms in finance and other applications, told Nikkei Asia in an interview that crypto’s “baptisms of fire” were necessary to push the sector ahead.