After the first year of the public chain, the development and future of the public chain

Editor's Note: This article comes fromRossa Private Thoughts Exchange (ID: rossa_1581), Author: Rossa, reproduced by Odaily with authorization.

Editor's Note: This article comes from

Rossa Private Thoughts Exchange (ID: rossa_1581)

, Author: Rossa, reproduced by Odaily with authorization.

1. Do you still remember the first year of the public chain two years ago?

Recently, the projects on DEFI are booming, and the scenery is unparalleled for a while, which reminds me of the public chain two years ago.

The first half of 2018 is regarded as the first year of the public chain. In addition to the mainnet launch of the leader EOS in June 2018, there are many other public chains that have been launched in succession in 2018. It can be said that 2018 is the hottest year for public chains.

In the first half of 2018, driven by EOS, the highest price rose to 23U. Investors in the early stage of ICO have reaped several times the increase. In addition to EOS, all public chains have also experienced a wave of beautiful public chain market.

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2. After the first year of the public chain

After the peak, in addition to ETH relying on DEFI to turn around again, EOS and many other public chains have been silently depressed, the sense of existence is getting lower and lower, and the currency price is getting lower and lower. Originally, it was good to finish the three waves to reach 500, but the reality is that the historical high in April 2018 has become an Everest. The several new product launches of EOS can only ignite a small spark for a moment, which will soon be extinguished and fall into a larger black hole. The reasons are as follows:

1. There are no good applications

Except for the outstanding performance of DEFI on ETH in the past two years, other public chains have not seen good applications. The previously mentioned killer DAPP has never appeared, or this is a false proposition.

2. The country attaches great importance to the alliance chain, and the public chain appears to be marginalized

Although the country has attached great importance to the blockchain in the past year, it vigorously promotes the alliance chain and does not advocate the promotion of the public chain. Moreover, companies are still very cautious about issuing coins and are subject to strict supervision.

The biggest difference between the alliance chain and the public chain is that the former is centralized and does not require tokens; the latter is decentralized and requires token incentives.

Perhaps, the country's approach is an attempt and transition, but this does not mean that the public chain has no value and meaning. However, many people mistakenly believe that the blockchain can actually be implemented without coins, and that tokens have no other purpose than hype.

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3. The development and future of the public chain

In the past two years, the public chain has not received much attention. In fact, it is a good thing for a down-to-earth project party. It can do a good job of technology in a down-to-earth manner, and then use technology and applications to conquer the world instead of Just rely on hype to gain attention.

In the past two years, public chain projects have focused on the underlying technology level, focusing on finding a balance among decentralization, security, and efficiency. But this is not the end.

epilogue

In the future, the public chain will build tall buildings on the basis of laying a good foundation. That is to say, in the future, the public chain needs to pay more attention to how the applications on these infrastructures can be implemented, how to generate business models, which scenarios can be integrated with them, and how to establish visible and tangible commercial applications in reality. Really change people's lives and create real value.