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Who can become a hundred times coin in the next bull market

Time : 14/04/2022 Author : 40segy Click : + -
        During the market downturn, many cryptocurrencies fell into the abyss and disappeared &mdash& mdash; This is sometimes a good thing for the market and innovation. However, no one really likes to see the project go bankrupt or fail to achieve its goals. Therefore, in view of the bear market that has lasted for seven months and the collapse in the last three months, it is important to look at smart contracts and specific parts of tier 1 and analyze the prospects between now and 2022. After all, compared with 2022, the tier 1 chain of smart contracts in 2017 is a much smaller industry. Looking back at the pictures of the top 20 cryptocurrencies in the autumn of 2017, we can see that many of these projects are no longer in the top 20, and many of them have completely withdrawn from the current stage.
        From now to 2022, 6 of the top 15 cryptocurrencies are public chain projects, so it has obviously become an important part of the encryption / decentralization /web3 movement &mdash& mdash; Among them, Ethereum is the king of counterfeit money. Smart contract blockchain is also essential for the development of decentralized applications, defi applications, Web3 innovation and metasphere. Ethereum ecosystem is huge. Because it is full of defi applications such as loan agreements, income agriculture, decentralized exchanges, NFT, Yuanjie, gamefi, Web3 infrastructure services and stable currency, it has the problems of high gas fees, low throughput, and problems in scaling.
        This is why Ethereum plans to make an important upgrade through merge this year, switching from POW chain to POS chain, and this version of Ethereum V2 should improve its current weakness. Ranking second and third are Cardano and Solana, which are other two very popular public chains. Solana became the third largest cryptocurrency in market value at a certain point in November 2021. Cardano is also very powerful, but it does not attract high-value tokens like Solana. However, a very strong Cardano community has existed for more than five years, and this community keeps the token ecosystem strong.
        So in the long run, Cardano is a good investment choice and a platform that is still seeking to attract more developers and applications. However, the disadvantage is that Solana network has encountered various technical problems in its network and experienced outages and network outages, which has caused criticism in the industry. Nevertheless, Solana is a very good layer1, and the price range is stable for long-term investors. In addition, avalanche and algorand (two A's) are the other two tier 1 blockchains. Avalanche is the more popular of the two, especially because it breaks through the top 10 cryptocurrencies in its life cycle, and is regarded as the main competitor in the "Ethereum killer" dialogue by introducing its subnet technology and blockchain settings.
        Avalanche has a strong game ecosystem, such as defikingdoms and crabada. Internet computer is also another layer 1 blockchain. Its brand is different from pure encryption / blockchain solutions, but represents a step forward in reshaping the Internet. All these projects mentioned above may survive the current bear market &mdash& mdash; That's because they all have excellent technology, excellent ecosystem, a large number of users, published roadmap and strong dedicated team. These are intangible assets required for the survival of any project, especially when the Federal Reserve tightens investor funds and the overall market sentiment is in risk aversion.
        Generally, when comparing different blockchains, the industry will use indicators such as transaction speed, transaction finality, scalability, nodes, storage costs &mdash& mdash; By looking at these indicators below, we can see that Ethereum, Cardano, algorand and other chains run slower, and TPS and transaction finality indicators. Faster are Solana, avalanche, and Internet computers &mdash& mdash; Theoretically, Internet computers are the fastest in terms of TPS and ultimate certainty. However, avalanches and Solana are also fast.
        Avalanche, especially because of its blockchain and subnet technology. However, these blockchains also have some weaknesses, because their data storage costs are high and they rely on external centralized servers &mdash& mdash; Here we are talking about Ethereum, Solana, avalanche and algorand, and Internet computers play a role in this regard. As for nodes, this is a popular decentralization indicator. Ethereum (ETH) and Cardano (ADA) are in the lead, and Solana and avalanche rank third and fourth respectively.
        This is just a brief overview, but to keep these smart contract platforms competitive and flexible, they need faster transaction time to compete with centralized financial products, reduce their dependence on cloud servers and centralized data centers, and they need greater scalability to manage more applications, such as defi, other dapps and NFT. Although different, each of these chains, such as Ethereum, Cardano, Solana, avalanche, algorand and InternetComputer, has its own advantages. Looking forward to the future, the industry will rely on them.
        The future is worth looking forward to, especially the current overall ecological potential of Cardano (ADA) and its current development are very good and deserve long-term attention.
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