I think ETH will grow bigger n better too!
5 developments to signify Ethereum’s bright future
In Ethereum We Trust.
But do we blindly trust? Of course not, here are trends and developments that signify why ETH is going to get bigger and better.
ETH is pairing up with the AI bandwagon. AI is set to revolutionise our lives in more ways than one. ETH developers are doing some forward thinking, as can be seen from the ETH Denver 2024 conference that ended recently. For instance, Bittensor shared about its impact on decentralized AI (Source: https://www.ethdenver.com/buidl-judging)
Ethereum Virtual Machine’s computing capabilities cannot keep up with the scale of expansion of Ethereum. But fear not. Zero-knowledge coprocessors provide increased computational power and enable applications to move complex logic off-chain securely. All eyes are on ZK technology to gain economies of scale so that ZK coprocessors will become economically viable. (Source: https://messari.io/report/supercharging-smart-c...)
Coin Metrics - a crypto intelligence firm - stated that ETH has grown so large that it has become immune to 51% attacks. This means that nation-states that want to play monkey business and destroy the ETH network just cannot do so. (Source: https://cointelegraph.com/news/bitcoin-ethereum...)
Vitalik Buterin wrote in a blog post last December about how the desire to empower the ordinary man to stake his ETH has consequently led to a high validator load. To solve this problem, he suggested not just one, but three ways (1. Decentralised staking pools, 2. Two-tiered staking, 3. Rotating participation among committees). (Source: https://ethresear.ch/t/sticking-to-8192-signatu...)
Tokenised assets are the future. The Ethereum community is keen to benefit from this emerging trend by approving the ERC-3643 standard. This showcases a self-sovereign identity (SSI) framework, which provides anonymous yet verifiable credentials. It is expected that individuals and institutions will employ the ERC-3643 standard for the tokenisation of securities, payment systems and loyalty programs. (Source: https://www.erc3643.org)
In a nutshell, Ethereum is poised to capitalise on its strengths and reduce its flaws. Who’s DCAing more into DCA? Raise your hand up high! 🙋♂️
I think ETH will grow bigger n better too!
5 developments to signify Ethereum’s bright future
In Ethereum We Trust.
But do we blindly trust? Of course not, here are trends and developments that signify why ETH is going to get bigger and better.
ETH is pairing up with the AI bandwagon. AI is set to revolutionise our lives in more ways than one. ETH developers are doing some forward thinking, as can be seen from the ETH Denver 2024 conference that ended recently. For instance, Bittensor shared about its impact on decentralized AI (Source: https://www.ethdenver.com/buidl-judging)
Ethereum Virtual Machine’s computing capabilities cannot keep up with the scale of expansion of Ethereum. But fear not. Zero-knowledge coprocessors provide increased computational power and enable applications to move complex logic off-chain securely. All eyes are on ZK technology to gain economies of scale so that ZK coprocessors will become economically viable. (Source: https://messari.io/report/supercharging-smart-c...)
Coin Metrics - a crypto intelligence firm - stated that ETH has grown so large that it has become immune to 51% attacks. This means that nation-states that want to play monkey business and destroy the ETH network just cannot do so. (Source: https://cointelegraph.com/news/bitcoin-ethereum...)
Vitalik Buterin wrote in a blog post last December about how the desire to empower the ordinary man to stake his ETH has consequently led to a high validator load. To solve this problem, he suggested not just one, but three ways (1. Decentralised staking pools, 2. Two-tiered staking, 3. Rotating participation among committees). (Source: https://ethresear.ch/t/sticking-to-8192-signatu...)
Tokenised assets are the future. The Ethereum community is keen to benefit from this emerging trend by approving the ERC-3643 standard. This showcases a self-sovereign identity (SSI) framework, which provides anonymous yet verifiable credentials. It is expected that individuals and institutions will employ the ERC-3643 standard for the tokenisation of securities, payment systems and loyalty programs. (Source: https://www.erc3643.org)
In a nutshell, Ethereum is poised to capitalise on its strengths and reduce its flaws. Who’s DCAing more into DCA? Raise your hand up high! 🙋♂️