Numbers speak their own languages and when measuring growth and strength, these figures can translate to a whole lot of things.
There are currently thousands of cryptocurrency-powered and blockchain-based applications, this number is destined to keep increasing, the inevitable is that applications built on this technology will be more than the networks existing. So what we’re looking at is hundreds to thousands of blockchains with millions of applications, at some point, it will be nearly impossible to count as the internet itself will take a new shape.
But crypto is supposed to be dead?
You still read the media? I try not to, honestly, if I’m found on any then I am probably sorting out for “introductory guides on random shits to compare and contrast” none of what is posted there and termed “news” makes meaning to me anymore, in fact, if you wish to get any value, try the “opinion section” there you’d likely find more sensible content.
The problem with the world today is that we are reliant on a few sources for information and seem to trust every shit put out there, if the media said “bitcoin is dead” then it is. If the media said “web 3 is impossible” then we’ll have crypto twitter rise and spread it like any of them know what is going on.
In the current state of the ecosystem, people don’t care about technology, applications, or users, just what the media says and it’s pretty fucked up. There are lots of cool things being developed and all that get’s publicized is bitcoin price all day long. Isn't it funny how the media would say “bnb fell 4% following the cross-chain bridge hack” ???
Like seriously? Cryptocurrencies fuckin rise and fall like a thousand times in a day and most have nothing to do with anything, just individual folks trying to extract value from the markets, we read craps all day and call it news.
The future of cryptocurrencies
Developers are flowing into the cryptocurrency space in great numbers, this is why we are seeing rapid developments and thousands of projects filling the air. What is happening is that people see the opportunities and are moving to leverage them, value is being created daily and the numbers are only going to get better.
With no-code developments on blockchain technology, we are bound to see a great number of user inflow, blockchain applications will be able to power and impact the vast share of the internet, specifically because it allows for proper data storage and access, which in its basic form enhances the security of projects, businesses or applications as the network serves as a free database to host all network associate information, this beats centralized servers where most times, one cannot tell how information is stored or utilized.
The long-term merits of developers adopting and building on the blockchain are that the network will effectively grow into the global structures, bringing businesses, everyday tasks, and activities on-chain. The transmission or transfer of value across multiple networks, social interaction and ease of use, and ease of building will all come together, creating an economy that is unstoppable on many levels.