“Ethereum Will Remain the Leader”

In his 2024 New 12 months message, HashKey Group CEO Xiao Feng shared his views on the highest 8 business tendencies for the approaching yr, primarily based on the primary rules of blockchain.

Feng examined the evolution of record-keeping strategies, from the primary ledger that appeared in Sumer in 3500 BC to distributed ledger information that emerged within the digital world with Bitcoin in 2009 AD. He acknowledged that social and financial adjustments have been tailored every time.

Feng recognized a number of key tendencies for the blockchain business in 2024:

• Ethereum Continues to Lead: Feng predicts that Ethereum will proceed to guide blockchain expertise innovation and nobody can match it.
• Maturing Layer 2 Expertise: Blockchain’s layer 2 expertise is maturing and supporting the rise of functions with particular eventualities and actual worth.
• Rise of Cryptoeconomics: Cryptoeconomics has clearly turn out to be a science, with the token financial mannequin displaying nice actual worth in supporting the actual economic system and technological innovation.
• Evolution of Bitcoin Ecosystem: Whereas Lightning Community’s fiat stablecoin cost clearing system is one thing to sit up for, success can solely be achieved by following Bitcoin’s core options, in keeping with Feng.
• Developer-Centered Networks: Blockchain is a developer-focused community, not a consumer-focused one. All main blockchain networks are aggressive, and those who achieve extra developer help can thrive.

• Logic Underlying Bitcoin Rally: Based on Feng, the underlying logic of this Bitcoin rally is anti-inflation within the developed economies of Europe and the US, pushed by safe-haven demand amid geopolitical turmoil.
• International Digital Immigrant Increase: The worldwide digital immigrant increase is about to start, with international locations scrambling to launch “digital immigrant visas” within the race to turn out to be a world expertise and innovation hub.
• Decentralized Bodily Infrastructure Networks (DePIN): DePIN bridges the actual world and the digital world, connecting off-chain and on-chain.

*This isn’t funding recommendation.