Paul Brody, Head of Blockchain Technology at EY, one of the largest professional services networks in the world, shared why 2022 is all about Ethereum. The blockchain expert lists 3 items for this and says that the leading altcoin project can be a bridge between networks. Details at Kryptokoin.com .
Paul Brody lists 3 items for the future of the leading altcoin project
Paul Brody, who manages the company’s initiatives and investments in Blockchain technology, says that everything innovative and important is happening in the Blockchain world right now. He says it happens in the Ethereum ecosystem. Brody also believes that there are three main trains driving growth in the Ethereum ecosystem in the coming year…
- Brody first said that “DAO represents the future of how communities, missions and businesses converge in a single format” and that DAOs are “a He argues that it has existed for a long time” and that the projects in this field “started” in 2022.
- The latter thinks that “the DeFi ecosystem will continue to integrate with mainstream finance” and predicts that “we will see the emergence of some decentralized identity management components that add the know-your-customer (KYC) layer to DeFi.”
- Third believes that by the end of this year, Ethereum “will be a Blockchain primarily used for other Blockchains (Layer 2 networks) to interact with each other.”
So, which projects will be the winners this year?
According to Brody, “the first big winner is the Ethereum ecosystem itself.” While it is not known which Ethereum layer 2 solution will be the most successful, the Ethereum ecosystem will be the winner in any case, according to Brody, as “it is difficult to argue the mudollar dominance of Ethereum in both developer skills and contributor capital.”
- The second major winner will be “Ethereum ecosystem local market leaders especially in DeFi and DAOs and NFTs.”
- As for the third big winner, Brody thinks it will be “regulators” because “the heavy regulatory focus of stablecoins and DeFi point to very positive changes likely in the coming year.”