Saturday, 24 February 2018

In the world of cryptocurrency, there is a strong focus on how different ecosystems seemingly compete with one another. It always appears to be Bitcoin against the rest of the markets. When atomic swaps will be introduced, that situation could change rather quickly. The objective of atomic swaps is to create interoperability between altcoins and Bitcoin. It is expected this feature will be introduced by the Lightning Network.

The Blockchain technology is revolutionary. Possibilities are endless. The state of the blockchain industry could be compared to that of the mobile phones industry in 2004: with the advent of Blackberry and Windows Mobile, smartphones had just started creeping into every household, but were still years away from going mainstream. Yet investors are throwing hundreds of millions at cryptocurrencies offering terrible value propositions, and despite the recent market drop on the back of the China ban of cryptocurrency exchangescryptocurrencies are still in bubble mode.

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