Emerging trends in Ethereum and the blockchain ecosystem
Tighter regulations, fallouts of leading crypto institutions, and the crypto winter may have damped investors confidence in the investment of crypto assets. Certainly, they didn’t hamper the enthusiasm of the Ethereum community about the future of blockchain and Ethereum. There are several mega-emerging trends worth watching in the next few years. We will give a high-level overview of those trends in the following subsections. We encourage interested readers to do their own research and pay special attention to those they may see as opportunities.
Application blockchain
In Chapter 3, Decentralized Finance, we mentioned that dYdX is moving out of Ethereum and building its own blockchain using Cosmos. In fact, this is one emerging trend in the blockchain and Ethereum ecosystem. It is called application-specific blockchain, or AppChain for short. AppChain is a type of blockchain that is designed for specific applications...