Cryptocurrencies

Ethereum ‘Almost Full’ as Controversial Coin Gobbles Up Capacity

  • Vitalik Buterin expressed concerns over scaling last week
  • Tether’s use of Ethereum has grown as its utilization exploded
Photographer: Akos Stiller/Bloomberg
Lock
This article is for subscribers only.

The digital ledger behind the supposed better version of Bitcoin is running out of capacity.

That was the warning last week from Ethereum co-founder Vitalik Buterin, who noted that the cost of processing transactions done in the digital token Ether on the underlying blockchain may get too expensive for some users.