The second half of the blockchain? Don't be funny, it hasn't started yet

In June 2018, the market value of most virtual cryptocurrencies shrank or even returned to zero, and the blockchain industry as a whole fell into a downturn. Some blockchain companies closed down, and a large number of employees left. The failed company involved almost all the blockchain-related subdivisions such as the currency circle, chain circle, mining circle, blockchain self-media, and virtual cryptocurrency exchanges. The funds entering the blockchain industry are decreasing, and some institutions and most small retail investors have become leeks and have been forced out. The blockchain industry is in a doldrums. There are reasons for laws and regulations and strict supervision, but the deeper reason is that the value of blockchain technology and blockchain applications has not yet appeared.

This article is mainly to analyze the reasons for the downturn in the blockchain field. It also analyzes how the first half of the blockchain should unfold from the perspective of serving the development of the real economy.

Here is the original:

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Opinion

Unveiling SBF's Defense Draft of up to 250 pages I did what I believed was right.

In the draft, SBF traced his development history, from his childhood in Palo Alto to the penthouse apartment he purch...

Blockchain

6 pictures tell you about the development status of the Asian cryptocurrency market

Author: cryptanalysis CoinGecko company co-founder Bobby Ong translation: block rhythm BlockBeats-HQ Recently, at the...

Market

Crypto Firms on the Move: Wallets Shaking and Bacon at Lighting Speed!

FTX and Alameda sent $10 million worth of popular tokens (LINK, MKR, COMP, ETH, and AAVE) to a wallet address, which ...

Market

Interpreting the Current Situation of Digital Asset Custody Opportunities and Challenges for Institutional Investors

With the increasing popularity of digital assets, the demand for institutional-level digital asset custody from famil...

Blockchain

Hackers are getting smarter, with the largest number of exchange attacks ever in 2019

Source | bitcoinmagazine Translation | Huohuo Sauce Production | Blockchain Camp (ID: blockchain_camp) Currently, maj...