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Why Bitcoin developers are moving to other cryptocurrencies

Why Bitcoin developers are moving to other cryptocurrencies

Business Insider UK spoke with University of Cambridge Research Fellow Garrick Hileman about Bitcoin and other cryptocurrencies and why developers are starting to move away from Bitcoin.

“Bitcoin became number one in large part because it was first and for a long time it was really the only cryptocurrency game in town and so many developers who were interested in cryptocurrency kind of cut their teeth working on Bitcoin and remaining quite loyal to it.”

“a number of people have left the Bitcoin community to start other cryptocurrencies because they wanted to go in a different direction and I think the case for Ethereum is particularly important here it really shows that you can build something quite significant away from Bitcoin doing very different things”

Watch the video to hear the full interview.

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Business Insider UK is the largest business news site for British readers and viewers in the UK. Our mission: to tell you all you need to know about the big world around you. The BI UK Video team focuses on business, technology, strategy, and culture with an emphasis on unique storytelling and data that appeals to the next generation of leaders.

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