Goodbye Ethereum: Kik Plans to Move Its ICO Tokens to Stellar

Goodbye Ethereum: Kik Plans to Move Its ICO Tokens to Stellar

Mobile messaging startup Kik is planning to shift its Kin token network from ethereum to Stellar, CEO Ted Livingston confirmed on Wednesday. Speaking in a live question-and-answer session on YouTube , the company’s founder argued that ethereum’s blockchain – which the app is presently based on – is unable to scale to the level that Kin needs, among other issues. The answer, he said, is to shift to the Stellar network, which was first unveiled in 2014 and created by Ripple co-founder Jed McCaleb. Livingston went as far as to blast ethereum as "the dial-up era of blockchain," noting […]