Is a centralized or decentralized network better? How to develop the authentication feature and ensure it works well? What innovations need to take place?
At its peak in late 2017, one Bitcoin was worth nearly $ 20,000. A year earlier, it only cost $ 1,000. Bitcoin was priced at $ 6,000 in June and $ 8,000 in July and dropped to $ 6,000 in August. Bitcoin price is extremely volatile, so does Ethereum. According to the Dacxi crypto social network, unlike the pioneering wave, the next global growth wave could be fueled by two new areas of investment: institutions and retail investors.
So whether or not cryptocurrencies grow will depend greatly on the understanding of the future community. And what do you think about this?
Giving power to one single authority based on blind trust vs no single authority, that is everyone taking decision equally. Which one do you think is better? Of course it is going to be the second one. Decentralized network is way better than a centralized network.
By crypto currencies "growth" (you made a typo maybe?), if you mean that the growth and development of the coins and the price, then yeah it does depends on the understanding of the community. The more understanding the community is, the easier it will be to adopt the currency.