Home Blockchain What’s forward for crypto and blockchain in 2022? Consultants reply, Half 3 – Cointelegraph

What’s forward for crypto and blockchain in 2022? Consultants reply, Half 3 – Cointelegraph

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Alex is a author, speaker, investor and adviser centered on the affect of rising applied sciences similar to blockchain and cryptocurrencies. He’s the final supervisor of Ninepoint Digital Property Group, an funding administration companies supplier within the area of blockchain know-how and cryptocurrency. 

“I believe 2022 is the 12 months of multichain. 2021 noticed the rise of recent layer-one protocols like Solana and Avalanche that promised to enhance on Ethereum with quicker throughputs and decrease charges. However these advantages could show impermanent. As they turn into extra common, they might undergo the identical destiny as Ethereum. Bear in mind, Ethereum charges was low cost too till the community discovered a product-market match with the rise of liquidity mining and different DeFi purposes. 

With a tsunami of recent customers coming into the ecosystem, it turned a sufferer of its personal success. Charges skyrocketed, turning Ethereum right into a ‘whalechain,’ which means solely the rich may afford the charges. The identical factor may occur to different layer ones. That’s OK. I consider the scarcest useful resource on the planet for the subsequent few years might be block area. All these layer ones will in all probability refill, which means we’d like higher methods to interconnect completely different protocols. 

Most new crypto customers will solely work together on the utility layer, not understanding or caring what base chain they run on. Which means making interoperability a actuality. A number of teams are engaged on multichain, together with Cosmos, which helps tons of of crypto belongings value tens of billions of {dollars}. 2022 is the 12 months of Multichain Maximalism, and Cosmos is main the way in which.”

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