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  • Ethereum is “not a valuable network except for experimenting,’ McIntyre.
  • Constantinople recently went live as the network prepares for the next stage of upgrades.

A member of ETCDEV team of developers has come out bashing Ethereum. Donald McIntyre argues that the second largest cryptocurrency is “not a valuable network except for experimenting.”

McIntyre made the remarks during an interview with CryptoGlobe. The developer, who is also a former Senior Vice President of Morgan Stanley, the world’s sixth largest investment bank. Ethereum hard fork upgrade; Constantinople recently went live as the network prepares for the next stage of upgrades that will see in completely overhauled. In spite of the new developments on the Ethereum network, McIntyre still maintains that:

“Ethereum Classic pays attention to all activities in ETH and generally imports the new additions that may be useful for ETC. However, after they migrate to ETH 2.0 the paths of both networks will likely diverge significantly.”

At press time, Ethereumis trading at $127.53 following a 5.64% loss in the last 24-hours. Its market cap stands at $13.4 billion and a 24-hour trading volume of $3.7 billion.