Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: ataraxiaceleste on July 10, 2020, 02:22:49 AM
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There has been a lot going in the blockchain world currently. From an Innovation perspective I think we are still way ahead of other technologies in the world of finance, I think blockchain and its applications in cryptocurrency technology is now very clear and defined. I still think that it is very early where advanced Financial products and services are being built.
Hype is over. Its now time for the real projects to rise, a lot of building has been happening. DeFi is something that will disrupt the financial industry we have already seen the potential of projects like Compound Finance , Maker , Synthetix , Balancer , InstaDapp etc. Likewise, I also think Decentralized Exchanges like Uniswap , Kyber , Binance DEX and a number of other DEX are going to be huge and will act complimentary to the DeFi boom.
I also think Web 3.0 projects will be very huge Kusama and Polkadot's substrate will be massive. Lots of research and innovation happening that sphere.
Enterprises and businesses have experimented with Hyperledger , Corda and other permissioned blockchains. Many aren't fully convinced and they believe current permission-less blockchains aren't capable to effectively handle the necessaries of enterprises effectively.
Projects like Concordium has been doing very detailed academic research on such approaches which is necessary for wide scale adoption in business. I think this will be vital because if the end user does not realize underlying technology but uses it for it's effectiveness , ease of use and advantages, its going to be a win for blockchain.
Chainlink , Eth 2.0 , Cardano have been building since many years.
Eventually money will flow in into this paradigm and we might see a more stable and consistent growth. It is very possible that this global crisis will pave way for next few unicorns from the crypto space.
What will be your runners?
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Cardano has seen impressive growth and price increases over the past few months thanks to Shelley, but I believe Ethereum has more optimized solutions & technologies for the needs of most markets. ETH 2.0 is the athlete I bet ^^
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We should be looking forward to these many good and industry-defining innovations already on the horizon and maybe even those still in the drawing boards. These innovations can be so important for the cryptocurrency industry as they can definitely offer what the marketplace has been yearning for. I am looking at how DeFi can be changing the finance industry and how it can be helping a lot of the unbanked.
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Ethereum 2.0 and DeFi is gonna be the real deal in the near future. Alot of potential and development is superb as well
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Cardano has seen impressive growth and price increases over the past few months thanks to Shelley, but I believe Ethereum has more optimized solutions & technologies for the needs of most markets. ETH 2.0 is the athlete I bet ^^
Eth 2.0 will be a real game changer. I beleive a lot of great work has been happening in Cardano as well. We need a more inclusive industry where all legitimate projects can compliment each other.
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We should be looking forward to these many good and industry-defining innovations already on the horizon and maybe even those still in the drawing boards. These innovations can be so important for the cryptocurrency industry as they can definitely offer what the marketplace has been yearning for. I am looking at how DeFi can be changing the finance industry and how it can be helping a lot of the unbanked.
I fully agree with you. Defi will change the way banks exist and disrupt finance like never before. Institutions need to trust public blockchains, and I think Concordium understands this well. This is one more reason I like this project out of the many new ones that have come out lately. Research before all approach seems to be quite effective so far, I went through some of their research papers and found them to be of great technical quality.
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I have seen the price of cardano, ETH increase over the last few months. Innovations can play a very important role in the cryptocurrency industry. ETH 2.0 and DeFI can change the cryptocurrency market. Innovations are dormant in the cryptocurrency industry, so everyone can expect.