We ask buyers in the blockchain and cryptocurrency sectors for their thoughts on the industry.
This week, our 6 questions go to Olga Kupchevsky, vice president of research and development at MyEtherWallet.
Olga is Vice President of Research and Development at MyEtherWallet. He has a strong passion for learning, which leads him to blockchain technology and to complete a Masters in Computer Science with an emphasis on research on blockchain scalability solutions. In her role with MyEtherWallet, she oversees research, development and production of software products ranging from Ethereum Blockchain Data Tools (EthVM) to Wallet Management.
1 – What kind of consolidation do you expect in the crypto industry in 2021?
As far as price is concerned, ether (ETH) Will definitely go to the moon. We have already seen that interest in the chain has increased and brought prices higher than in 2017. If the Etherium Foundation implements its commitment to integrate into the Mainnet and Beacon chains by the end of 2021, ETH standards will be even more secure.
In addition, we will see decentralized finance cross-chain functionality and further integration across bridges. Following the previous DFI boom years, more and more users are interested in participating in various DFI projects. The next step is for projects to create maximum value for their users and gain more market share.
2 – Top Five Crypto Twitter Feeds You Can’t Do Without, and Why?
I have a Twitter handle. However, I do not have a friendly relationship with Crypto Twitter. I would usually dedicate a few minutes a week just to see if there was anything worthwhile. Most of the time, I’m just checking out our company partners or other big DFI projects for interesting news or some educational content. Often, I am overwhelmed by the amount of speculation and misinformation on other channels and the amount of manipulation in the feeds.
We’ve all seen recent examples of Twitter activity where a big time investor tweets some speculation or threat regarding their investment. Then, right after, we see people start buying or selling loudly. As a result, we get significant price changes. Market manipulation in other factories is illegal – and an unreasonable tweet can significantly affect the crypto market and cause chaos in the community – this is a view of the crypto-Twitter community ethics.
Instead, I get most of my news from some dedicated crypto media platforms such as Cointelegraph, CoinDesk, etc., and random crypto podcasts, where the content is high quality – and I don’t have to exploit information in microblocks without context.
3 – Which Celiar: $ 500,000 Bitcoin or $ 0 Bitcoin? Why?
I think a bitcoin (BTC) The price at $ 0 is much harder than $ 500,000. At the end of the day, the purpose of the initial bitcoin is value transfer; Although it is decentralized, it has some common ground with centralized digital systems. Financially, in the financial system, you have a middle class person who will help you save, manage and protect your assets like a bank. And like any business, the middle class has costs, so you pay a fee when you want to use your resources.
With blockchain technology, you can do them yourself; However, there are still physical costs. Like any blockchain, Bitcoin is managed by nodes connected through a network. Bitcoin nodes do computational work to verify transactions and make the history of the discipline accessible to peers at other nodes. Every colleague still needs to be encouraged to work Proof of work Equipment cost, electricity cost etc. Even if Bitcoin starts to be implemented Evidence sharing Like Ethereum, there are still costs that one has to cover, such as running node maintenance.
4 – Which two superpowers do you want to get the most, and how do you combine them for good or evil?
My first ability must be to hold the memory of the clone while cloning when we rejoin together. I feel like there isn’t enough time during the day that I want to do or even need to. For example, a lot of innovation is happening around us in the industry, and I don’t have enough time to educate myself deeply about new ideas. Instead, I just have to pick a few things.
The second one will fly – it is very interesting to be able to get anywhere without any obstacles. By combining these capabilities, I will acquire the unique ability to provide free multi-route air taxi service for regional airlines and their needs as an alternative to unbearable luggage fees. I need to work in detail to be able to show in-flight movies, but hey, there’s the idea!
5 – Do you lack any talent and what was your wish? How would you use it if you had it?
I definitely lack good public speaking skills. English is not my mother tongue, and like most people, I am very nervous. When I had to present frequently in college, sometimes in the middle of the sentence I would lose my train of thought and I would half-forget when saying some words out loud. Although I have been experiencing extreme nervousness for some time, I still feel that I lack the ability to speak to a large crowd.
I’m lucky, since I now work with older members of the team who respect and inspire each other. However, I’ve felt my part about sexism and inequality, and I know that other people in the crypto and STEM industries are feeling it now. If I were a great public speaker, I would like to influence people and talk to them about what is going on, call for gender bias and take action. Adding to the existing dialogue will help create more awareness and empower more women and monetary culture to enter and stay in the industry.
6 – List your favorite sports teams and choose the single most memorable moment from meeting them.
I grew up in Russia, and of course, we always watched hockey there. My friends were big time SKA St. Petersburg fans, and we often went to the games because hockey tickets were cheap there. One of the most memorable moments was getting to the final of the KHL conference for the first time and seeing HC Dynamo play their last game against Moscow. I remember the last 30 seconds and how intense it was.
SKA was losing and had to score twice to win. They drag the goalkeeper off the ice to gain an extra skater, with the rest of the game centered around the dynamo net. SKA skaters continue to attack the net repeatedly with all the skills they have been given. Still, the Dynamo goalkeeper continues to save amazing and in the meantime you can feel the tension between the players and the stadium. SKA lost – the Dynamo goalkeeper proved invincible – but it was a great hockey game.
A wish for the blockchain community:
Definitely not afraid to be a little crazy. While your idea may seem overwhelming, it’s a good chance that it’s not; You can bring it to life first! Educate yourself, reach out to people in the industry and you can find someone who will share your passion and help you be effective.