Happy New Year – Welcome 2018, The Year of Cryptocurrency
The year 2017 was an exciting year for cryptocurrency. The rises and falls of Bitcoin, the takeoff of Ethereum, the spread of multiple, genious currencies which all aim to be successful in their specific niche. With tokens using existing technologies, such as the Blockchain or Smart Contracts, and new technologies, like IOTA with its Tangle, so many thrilling inventions were made. An outlook on new inventions and developments.
What will 2018 bring us?
With the end of 2017, there is a new year, 2018, coming. And it will be a tremendous year for cryptocurrency. Many startups, existing international big players in the sector technology, even companies from the industrial or the commerce sector have their plans up and running. They want to bring new inventions and further developments into the world of cryptocurrency. This is why 2018 will be a great year.
What do we have to keep in focus?
The widespread of currencies as well as soft and hard forks left us with a huge number of coins. It’s difficult to distinguish good from bad, success from scam. But to get into the world of cryptocurrency, one doesn’t have to be a professional. It’s easy to find whitepapers (mabye not too easy to read them), discussions or speculations about any reputable currency. To this date, many forums, blogs and channels have been opened with the sole intention of examining Bitcoin and Co.
Bitcoin is and will be the first and most well-known currency in 2018, but the “rivals” (every coin is having its on intention, which can or cannot overlap with the ulterior motive of Bitcoin) will catch up.
What will happen next?
Unfortunately nobody knows – and the ones telling you they know, are either imposters or lucky ones. Keep an eye on Bitcoin and Co. Soon Ethereum will change its verification of transactions from Proof of Work to Proof of Stake – actually more of a mix-up called Casper. IOTA will leave its beta phase. And an uncountable number of coins will have its ICO.
Let’s all be curious what the year 2018 will bring us – and Bytempire will keep an eye out for you and inform you about upcoming, exciting coins, ICOs and ideas.