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We find ourselves in a pivotal moment in the blockchain revolution, with the events of 2023, particularly the banking crisis, serving as reminders of the enduring significance of blockchain technology
This article is divided into two sections, each exploring the dynamics of the blockchain industry and highlighting that we’re in the midst of crypto’s “broadband moment.” In the first section, I highlight 4 technical driving forces that shaped 2023 and bound to underpin the upcoming months:
Trend #1: The ongoing battle for protocol scalability.
Trend #2: The Data Availability war.
Trend #3: The rise of Account Abstraction, the next standard for user interaction.
Trend #4: The emergence of the Shared Security concept, bound to shape crypto’s future.
Trend #5: NFTs, a rapidly changing landscape.
In the second section, I outline my 2024 predictions by answering the following questions:
Which blockchain protocol will prevail in the near future?
Which consumer-facing crypto use cases are to be expected this year?
And in bonus: a few complementary forecasts for 2024
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