Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

DNS vs Web3: why only one extensions required

2025-06-01

Omnia -Protocol works together with Flare Networks to unlock more private and interoperable Web3 Future

2025-06-01

Mantra for $ 0.32 If whaling leaves intensification: is to be at a turning point?

2025-05-31
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Omnia -Protocol works together with Flare Networks to unlock more private and interoperable Web3 Future

    2025-06-01

    Hodooi and Ice Open Network are a powerful alliance for Web3 Social Expansion

    2025-05-31

    Transition to an internet supported by people

    2025-05-31

    Disney+ Unlocks Web3 for 150m+ users with new perks program Driven by Dapper Labs

    2025-05-31

    Soonchain works together with Fluxai to transform creativity into web3 gaming

    2025-05-31
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    American authorities charge six people in connection with alleged $ 66,000,000 Food Stamp -Fraud schedule

    2025-05-31

    American authorities punish the Philippines-based company for alleged computer infrastructure for crypto pig breaking stop

    2025-05-30

    FBI is looking for victims who are connected to FunNull Pig Butching Crypto Investment SCAM

    2025-05-30

    JPMorgan Chase received a fine of $ 566,082 due to alleged not responding to regulator during the energy crisis

    2025-05-30

    SEC -OFFICE LIGHTS THE POW FOR ETHEREUM Turn off in ETFs

    2025-05-30
  • Analysis

    Cronos Tart Crypto Market Downtick on Friday as asset manager Canary Capital Files for CRO ETF

    2025-05-31

    XRP multi-time frame breakdown: here comes what is there

    2025-05-31

    XRP -Price risks crash under $ 2 if the correction holds, here is why

    2025-05-31

    XRP price objectives recovery – signs of strength arise

    2025-05-31

    Bitcoin – Price extends losses – Is more disadvantage on the horizon?

    2025-05-31
  • Learn

    What Is Asset Tokenization? How It Works and Why It’s Important

    2025-05-30

    What Is DeFi 2.0 and Why It Matters

    2025-05-27

    Crypto Margin Trading: How It Works and How to Manage the Risks

    2025-05-26

    Wat is circulerende levering in cryptocurrency?

    2025-05-23

    What Is a DEX (Decentralized Exchange)?

    2025-05-21
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»The future of blockchain is not Bitcoin
Blockchain

The future of blockchain is not Bitcoin

2024-12-08No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

When I came back from some crypto events, from Zug to Dubai, walking through Lugano’s Plan B Forum, I came away with one thought, which is more of a question. Can you engage and empower a blockchain community (ensuring transparency and liquidity for the currency, such as for Bitcoin), while adhering to the strict rules and requirements of institutional enterprises, such as banks or pharmaceutical companies, that want to benefit from the efficiency of distributed ledgers? but should it be in line with industry standards and national laws? Is Bitcoin the future of blockchain? No.

Can a bank store all data in its own country and leverage the potential of a chain without upsetting the community, which may live in countries that the government considers non-compliant or difficult to trade with? , like China? Can an industry group keep information completely private and differentiate itself from competitors, using blockchain to certify world-class operations and engage new generations in crypto benefits and benefits?

After a decade of Ethereum, the ultimate incarnation of first-generation blockchains, this dilemma remains unresolved. Will companies or governments adopt Bitcoin or Ethereum, knowing that the majority of transactions are approved outside their jurisdiction? Blockchains have failed the business community and the majority of individual investors.

Why? Ledgers do not guarantee scalability, as the cost and finality of transactions lag behind off-chain networks such as VisaNet. All major chains (like Ethereum or Solana) do not accurately measure and reward the quality of node owners or coin holders. They don’t take into account the modularity that heavily regulated companies need, let alone being certified by HIPAA or FDA, to name just two. Chains are still plagued by bad actors, and we all know and accept that, alienating B2B use cases and institutional investors in the long run.

See also  Standard Chartered and Deutsche Bank Complete Stablecoin Trial on UDPN Blockchain

On the other side of the dilemma, if I’m a miner or a fan operating a node, all I want is a chance to prove my worth and a fair return for my membership, thereby ending the oligopoly of the big whales, who harvests the most, breaks through. of the benefits that mechanical algorithms deliver. If I own a token, all I need is liquidity and some price predictability, which can be increased if companies join the party, as their play is always long-term oriented. A high-quality blockchain that rewards reputation and gradually eliminates malicious actors will benefit both token holders and businesses.

Is there a way out? New chains are emerging, the operation of which is intended to give companies the modularity and security needed to operate in highly regulated markets, while giving the community features such as proof of reputation and higher compensation compared to standard chains, so that acting as a decent community member can grow into a real source of income, while breaking the cartel of all other extremely concentrated chain communities, including Bitcoin.

Without making this piece too technical, the dilemma of serving the community as well as business comes down to choice. My options have to be different whether I’m CEO of Pharma Inc. or Bank Inc. (fantasy names) or am a young blockchain head living in Nigeria and just want to make a living with Web3. It’s marketing 101. You’re meeting the needs of two different audiences, and you have to do it beautifully.

Companies need protection, localization and audit protocols as they look to reach new audiences that only public chains can unlock. Node operators and token holders want fair treatment and higher incentives versus mere speculation, otherwise they will always be day traders.

See also  New Analysis Finds Bitcoin Is “Insanely Bullish” Because…

Technology can solve this. The story of the New Gen chains (and there are many) is one of sought-after and designed innovation, which will become the new industry standard. We need choice. We need decentralization, privacy and the ability to segment a chain. The world needs enormous amounts of efficiency improvements, and there is room for more than one dominant player.

A new chapter opens in the history of blockchain. It is made of innovation on the business side, through national compliance, speed and efficiency, and of innovation on the community side, with higher incentives, proof of reputation and a long-term plan as a token, which will make the community tangibly richer. and involved.

Ten years of blockchain passed, and we – the blockchain people – disappointed businesses and consumers, with the exception of a minority of individuals (let’s put it that way), who got rich and still lead the Top 50 chains and hijack the media debate. . We need better in the next ten years. We must serve the community and businesses equally, by making chains and crypto fair and business-friendly.

Frank Pagano

Source link

Bitcoin Blockchain future
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Omnia -Protocol works together with Flare Networks to unlock more private and interoperable Web3 Future

2025-06-01

Not yet an altiation season! In the growing gap between Bitcoin and Altcoins

2025-05-31

4 flashing sales signals on Bitcoin – BTC Bulls finally no longer have gas?

2025-05-31

Hodooi and Ice Open Network are a powerful alliance for Web3 Social Expansion

2025-05-31
Add A Comment

Comments are closed.

Top Posts

Bitcoin, Ethereum ETF’s bleed millions: ‘profitable or nerves over the market’?

2025-03-12

Uniswap (UNI) Price Prediction 2024 2025 2026 2027

2024-07-02

Bitcoin Drops as Iran Launches a Missile Attack on Israel

2024-04-14
Editors Picks

Analysts are getting optimistic because ‘something big is coming’, this is what

2024-10-17

Tough road ahead for the SOL Bulls

2024-06-17

Analyst predicts the price will rise to $500,000

2024-02-22

LUKSO Integrates Transak to Grow the Web3 Creator Economy

2024-02-17

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

DNS vs Web3: why only one extensions required

Omnia -Protocol works together with Flare Networks to unlock more private and interoperable Web3 Future

Mantra for $ 0.32 If whaling leaves intensification: is to be at a turning point?

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,519.480.70%
  • ethereumEthereum(ETH)$2,516.61-0.13%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.172.16%
  • binancecoinBNB(BNB)$655.320.70%
  • solanaSolana(SOL)$155.270.41%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.1906220.24%
  • tronTRON(TRX)$0.2681190.12%
  • cardanoCardano(ADA)$0.682.37%
  • hyperliquidHyperliquid(HYPE)$32.773.81%
  • suiSui(SUI)$3.274.84%
  • chainlinkChainlink(LINK)$13.902.19%
  • avalanche-2Avalanche(AVAX)$20.773.56%
  • stellarStellar(XLM)$0.2660391.52%
  • bitcoin-cashBitcoin Cash(BCH)$409.313.18%
  • unus-sed-leoUNUS SED LEO(LEO)$8.69-0.61%
  • the-open-networkToncoin(TON)$3.153.19%
  • shiba-inuShiba Inu(SHIB)$0.0000133.14%
  • hedera-hashgraphHedera(HBAR)$0.1683662.65%
  • litecoinLitecoin(LTC)$87.233.44%
  • polkadotPolkadot(DOT)$4.082.92%
  • moneroMonero(XMR)$326.813.31%
  • bitget-tokenBitget Token(BGB)$4.703.19%
  • ethena-usdeEthena USDe(USDE)$1.000.07%
  • daiDai(DAI)$1.000.01%
  • pepePepe(PEPE)$0.0000123.22%
  • piPi(PI)$0.656.45%
  • bittensorBittensor(TAO)$431.208.46%
  • uniswapUniswap(UNI)$6.00-0.12%
  • aaveAave(AAVE)$241.46-3.49%
  • okbOKB(OKB)$50.10-0.29%
  • aptosAptos(APT)$4.731.76%
  • nearNEAR Protocol(NEAR)$2.421.92%
  • crypto-com-chainCronos(CRO)$0.102937-2.67%
  • ondo-financeOndo(ONDO)$0.833.82%
  • internet-computerInternet Computer(ICP)$4.902.89%
  • ethereum-classicEthereum Classic(ETC)$16.901.55%
  • gatechain-tokenGateToken(GT)$19.350.80%
  • mantleMantle(MNT)$0.681.88%
  • official-trumpOFFICIAL TRUMP(TRUMP)$11.234.45%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2145675.33%
  • kaspaKaspa(KAS)$0.0847592.42%
  • usd1World Liberty Financial USD(USD1)$1.00-0.03%
  • vechainVeChain(VET)$0.0240902.28%
  • render-tokenRender(RENDER)$3.904.47%
  • ethenaEthena(ENA)$0.3082013.68%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.743.06%
  • worldcoin-wldWorldcoin(WLD)$1.131.99%
  • filecoinFilecoin(FIL)$2.573.02%
  • bitcoinBitcoin(BTC)$104,519.480.70%
  • ethereumEthereum(ETH)$2,516.61-0.13%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.172.16%
  • binancecoinBNB(BNB)$655.320.70%
  • solanaSolana(SOL)$155.270.41%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.1906220.24%
  • tronTRON(TRX)$0.2681190.12%
  • cardanoCardano(ADA)$0.682.37%
  • hyperliquidHyperliquid(HYPE)$32.773.81%
  • suiSui(SUI)$3.274.84%
  • chainlinkChainlink(LINK)$13.902.19%
  • avalanche-2Avalanche(AVAX)$20.773.56%
  • stellarStellar(XLM)$0.2660391.52%
  • bitcoin-cashBitcoin Cash(BCH)$409.313.18%
  • unus-sed-leoUNUS SED LEO(LEO)$8.69-0.61%
  • the-open-networkToncoin(TON)$3.153.19%
  • shiba-inuShiba Inu(SHIB)$0.0000133.14%
  • hedera-hashgraphHedera(HBAR)$0.1683662.65%
  • litecoinLitecoin(LTC)$87.233.44%
  • polkadotPolkadot(DOT)$4.082.92%
  • moneroMonero(XMR)$326.813.31%
  • bitget-tokenBitget Token(BGB)$4.703.19%
  • ethena-usdeEthena USDe(USDE)$1.000.07%
  • daiDai(DAI)$1.000.01%
  • pepePepe(PEPE)$0.0000123.22%
  • piPi(PI)$0.656.45%
  • bittensorBittensor(TAO)$431.208.46%
  • uniswapUniswap(UNI)$6.00-0.12%
  • aaveAave(AAVE)$241.46-3.49%
  • okbOKB(OKB)$50.10-0.29%
  • aptosAptos(APT)$4.731.76%
  • nearNEAR Protocol(NEAR)$2.421.92%
  • crypto-com-chainCronos(CRO)$0.102937-2.67%
  • ondo-financeOndo(ONDO)$0.833.82%
  • internet-computerInternet Computer(ICP)$4.902.89%
  • ethereum-classicEthereum Classic(ETC)$16.901.55%
  • gatechain-tokenGateToken(GT)$19.350.80%
  • mantleMantle(MNT)$0.681.88%
  • official-trumpOFFICIAL TRUMP(TRUMP)$11.234.45%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2145675.33%
  • kaspaKaspa(KAS)$0.0847592.42%
  • usd1World Liberty Financial USD(USD1)$1.00-0.03%
  • vechainVeChain(VET)$0.0240902.28%
  • render-tokenRender(RENDER)$3.904.47%
  • ethenaEthena(ENA)$0.3082013.68%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.743.06%
  • worldcoin-wldWorldcoin(WLD)$1.131.99%
  • filecoinFilecoin(FIL)$2.573.02%