- Sunny Lu described the period as a crypto winter because of the promises of new changes and developments in the digital platform.
- Sunny opened up Facebook's Libra cryptocurrency and the associated controversies and challenges they faced with the American senators.
- Ethereum currently faces many problems due to inefficient management and business model.
Sunny Lu, founder and CEO of VeChain blockchain technology began his journey so far in the company during an interview with Nugget news entitled "VeChain 2020 project update".
Sunny described the period as a crypto winter because of the promises of new changes and developments in the digital platform. VeChain, for example, focused on the blockchain applications for the past four years. Major players in the industry regularly face the company.
Sunny started over Facebook & # 39; s Scale cryptocurrency and the associated controversies and challenges they face by the American senators. This incident appears to be an important event in 2019.
The Senate Committee does not seem so clear about the intentions to launch its Libra digital currency. Facebook ordered to clean up his house before a new business model was released.
Critics have expressed skepticism, including current US President Donald Trump. Many of them have expressed concern that it would be dangerous to give them the chance to get people's bank accounts. Republican Senator Martha McSally said openly about his shared concerns.
On October 25, president of China introduced a five-year national plan for planning and following up key developments in blockchain technology with the government.
About Ethereum Murderers, Lu noted that Ethereum had been a necessary milestone in the industry, but unfortunately the project has not made enough efforts to make people aware of the & # 39; s. Ethereum currently faces many problems due to inefficient management and business model.
Sunny Lu revealed that they have interviewed around 4050 executives from different institutions to find out about the type of facilities they want through blockchain application, their expectations and prohibited barriers.
He concluded that, although it is a brain program in progress, Ethereum cannot move forward to achieve mass publicity.