Over the past several months, investors have recognized the link between the price of ether and the ICO boom-and-bust tendency. In the process, the price of ether has collapsed to a small portion of what it once was, and investors who stocked up on ETH in the past year have been left hurting. According to a recent report by CoinDesk , investors everywhere are still figuring out the links between the value of a digital token and its blockchain. Still, as time goes on, it appears that the correlation between the price of a token like ether and its utility as a fuel for a blockchain ecosystem may not be particularly strong. That is, ethereum as a blockchain can still be a robust, important network , even if ether as a token is not particularly well-valued in comparison with prior price points.
Stablecoins And The Fat Protocol Thesis
Is the growth of ETH driven by stablecoins? - Crypto Daily™
What are the most important open questions in crypto? What questions will have the greatest bearing on the eventual shape of the crypto landscape and on the outcomes for the best companies in it? Here's a stab! Where and when does decentralization matter most? What parts of the newly forming crypto tech stack should be decentralized? Maximalism Question How big is the tradeoff space in crypto?
Blockchain in 2019 will be all about the middle-layer protocol
Some are thin. And some are fat. The fat one has A yellow hat. Published in , the thesis states that, on the web, value accrued to the application app layer: companies like Facebook, Google and Amazon. So far, this seems to be true.
Crypto is a complex topic. We encourage anyone with an open mind to keep reading, watching and listening about crypto. The more you learn, the more you will become intrigued by this fascinating breakthrough technology.