WuBlockchain
OKX founder Star Xu said he misjudged Ethereum in 2017, when he rejected Vitalik Buterin's approach about listing the network and called it a “shitcoin.” Xu said his success with listing Litecoin had made him more conservative.
He also highlighted OKX's unified trading account and multichain wallet as examples of products built around user needs. The focus, he said, is on improving capital efficiency and user experience while staying close to customers and refining products over time.
Frequently asked questions
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Why did Star Xu reject Ethereum in 2017?
Xu said success from listing Litecoin had made him more conservative. That led him to dismiss Ethereum when Vitalik Buterin approached him about a listing.
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What did Star Xu say to Vitalik Buterin about Ethereum?
Xu recalled calling Ethereum a “shitcoin” when Buterin approached him in 2017 about listing the network.
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What products did Xu highlight in the discussion?
Xu highlighted OKX’s unified trading account and multichain wallet as products designed around user needs.
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What does OKX aim to improve with its unified trading account?
The product strategy focuses on improving capital efficiency and the user experience through a more integrated trading account.
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How does Xu describe OKX’s product development approach?
Xu emphasized staying close to customers and continuously refining products based on their needs.
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