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

Blockchain

The new pattern of staking: exchanges enter the market to explore the boundary, the pledge amount of service providers is not proportional to the income provided

Analyst | Carol Editor | Bi Tongtong | PANews At this time last year, Staking was all the rage, and many players &quo...

Blockchain

How to establish a compliant cryptocurrency exchange following the consecutive lawsuits against Binance and Coinbase?

Let's talk about the SEC's charges against Coinbase, which won't surprise any lawyer practicing in the United States ...

Blockchain

SBF trial imminent, let's see what legal experts have to say

Source Coindesk Translator LianGuaiBitpushNews Mary Liu FTX founder and former CEO Sam Bankman-Fried (SBF) will be in...

Blockchain

Get Ready for a Jaw-Dropping 90% Asset Return by Q2 2024 FTX Customers in for a Thrilling Ride with New Amended Proposal!

Exciting news for customers of defunct cryptocurrency exchanges FTX and FTX.US - an updated proposal offers hope of r...

Market

Old-timers Leaving the Crypto Circle Some Get Married and Have Children, Some Start New Businesses

In the world of encryption, people come and go. Have you ever wondered where the people who have left the cryptocurre...

Blockchain

The head exchange spoiled, but who did not solve the Staking pain point?

It will seize more than 14% of the market share of the currency market, and the choice of the top 100 currencies of t...