Smell of true Cryptography

Smell of true Cryptography


An interesting topic is the race that Bitcoin (BTC) and Etherium (ETH) have, the two main cryptocurrencies, those that top that long list and those that enhance all this change and movement towards that next financial step. However, both do not escape attacks and simulations, but something is very true, both BTC and ETH at this point have already defined their position for what will be in the near future.

It is already definitive that BTC completes its concept of value reserve and the competition it currently has over gold is more than actually demonstrating some operational functionality that is developed under that digital environment. In short, or this is how I see it, the BTC already enters a field of another level, a level that focuses on establishing the increase in value over time.

Now, what we expect in the evolution of finance can be highlighted in the ETH ecosystem, a system that carries within itself the birth of decentralized finance, we see the emergence of an economy with multiple solutions, which although it is not the only one in This issue continues to be one that leads the way and focuses its efforts on improving those points that affect it, such as scalability.

The change to ETH 2.0 is a fact, the progress made by the Sharding chains must be related to quality and not speed, an option that must be worked with great meticularity. Now more than ever you must be sure that the improvements will be concentrated in that layer 2 that focuses the operation of the chain of transactions. Security is another point that will be reinforced and this will be derived from that change to the PoS.

Another point to work on is to improve the confidence of the rollup's, an essential part of the improvements focuses on these chains that integrate several transactions per second (TPS). A significant answer but still with many reservations. This together with optimism should be key in the parameters that go beyond security and investment.

In short, we can see solutions in the ETH network, of course, it is not the only one that offers improvements, others are aimed at giving tough competition such as Polkadot (DOT), Tron (TRX), NEO, EOS or any other that develops environments of smart contracts, ETH will always be there to correct and improve, the competition is not towards others but towards the latter.

Those with an investment nose, not only see the future of economic diversity in cryptocurrencies, they see the development of forms of new economies derived from platforms that elaborate development and optimization environments. They are not static reserves that only depend on the increase in the future value of the asset, they are generators of great feats that house 100X speed in the creation of new forms of work and income. Therefore, it is not strange to see that the true cryptography is ETH, the one that everyone follows, copies and tries to reach. Now we will see if we find another 2.0 to continue in competition.

I leave some links where I reinforce my points made on these written articles. They treat an interesting perspective about that long-awaited ETH 2.0., Its improvements and why they are the starting point to give an approach of it as true cryptography.

 


alquimista1501
alquimista1501

I am a Venezuelan, worker, father of a family who fell in love with this crypto world; I love reading news related to the crypto space, from the technological performance to the shape and concept of each currency in this world.


Cryptographic Alchemy
Cryptographic Alchemy

This blog contains my opinions on the world of cryptocurrencies, and how these digital records are the key to the change towards a new future, but that in many cases, we already live in the present. Always remembering that cryptos, and especially Bitcoin, are inevitable.

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