The advent of Bitcoin's blockchain technology has opened up a world of possibilities that were never imagined. People can finally achieve financial freedom by being their own bank anytime, anywhere. In 2017, there was the ICO boom where crypto land was filled with hype with many companies launching their own business ventures. Everything has been about smart contracts, on-chain privacy, and Blockchain-based gaming. But ever since prices started to decline back in 2018, there has been a lost of interest into crypto and Blockchain tech from people in the mainstream world.
It's now 2020, where many exciting events are yet to come. Bitcoin will experience another reduction in its block reward (halving), while Ethereum becomes closer to adopting PoS into its blockchain network. The space is definitely maturing, but the level of demand is still a lot less than it was back in 2017.
Nonetheless, I'm curious to know what's the next big thing in crypto?
It's now 2020, where many exciting events are yet to come. Bitcoin will experience another reduction in its block reward (halving), while Ethereum becomes closer to adopting PoS into its blockchain network. The space is definitely maturing, but the level of demand is still a lot less than it was back in 2017.
Nonetheless, I'm curious to know what's the next big thing in crypto?
There are lots of things that we can expect to happen within the crypto community since it is prone or open for improvement due to the fact that every year, people do have a lot to expect from it and it is in lined with the modern technology in which as the technological capacity rises, so with cryptocurrency rises and improves primarily. There are lots of events that we can expect to happen this year 2020 that can affect the whole crypto community. Some of those includes the last year's news about the launch of Libra coin within this year which is Facebook's cryptocurrency in which we all know that it is the most popular social media platform worldwide, so upon this announcement, we will be expecting what will be the effect on the crypto community of this launch if it will attract many people toward cryptocurrency once again. Also, the upcoming event which is the Bitcoin halving is a much awaited event this year for what will be its after effect on the current situation of Bitcoin specially talking about its price if it will directly affect the price to go up which will also bring the other cryptocurrencies that rely on it to go up. For sure a lot more will happen within the vast space of crypto and it will surely continue for events to come because crypto is a rising currency which will continuously improve as technology rises.