A high-profile Bitcoin developer has said the crypto-currency has failed and he will no longer take part in its development.
Mike Hearn, a Zurich-based developer and long-time proponent of Bitcoin, surprised many this weekend when he published a blog calling Bitcoin a "failed" project.
Mr.Hearn, who had until recently been working on new software for the currency, says he has now sold all of his own Bitcoin and will no longer take part in the crypto-currency's development.
So, is Bitcoin doomed?
Mike Hearn, a Zurich-based developer and long-time proponent of Bitcoin, surprised many this weekend when he published a blog calling Bitcoin a "failed" project.
Mr.Hearn, who had until recently been working on new software for the currency, says he has now sold all of his own Bitcoin and will no longer take part in the crypto-currency's development.
So, is Bitcoin doomed?
Bitcoin did have great potential, but now is it true that Bitcoin is damaged beyond repair, and we badly need a replacement?
Will Wow E-Coin, based in Hong Kong ready to take the new lead? Backed by various real projects, Wow E-Coin has earned high stability in value going through all the stages to become the world's most stable e-currencies. If you're new to Wow E-coin, take a look what it has to offer.
Introducing Wow E-Coin
