No products in the cart.
- Latest
- Trending
ADVERTISEMENT
A popular crypto analyst says one big milestone will determine which altcoins can challenge Bitcoin’s (BTC) dominance.
New strategy session hosted by Anonymous InvestAnswers To tell His 444,000 YouTube subscribers make blockchain the first to reach 1 billion users and dominate the market.
It all goes back to Metcalfes Law and adoption. So the faster you develop, the more value you create. And the more users there are, the more valuable the actual chain itself will be.
According to Metcalfe’s Law, the value of a network is directly related to the number of users on the network.
He said there is more innovation happening in the altcoin blockchain than in bitcoin, which increases its value and attracts more users.
The number of developers on other blockchains is much higher than Bitcoin. I believe we can, and it will drive more users, create greater network effects, and increase the value of blockchain, and that is the key.
He states that reaching 1 billion users is his goal to achieve dominance in the crypto space. This is the same goal Solana (SOL) set when it first launched.
Now the winner layer 1 or winner blockchain will be the first to onboard 1 billion users. I have been talking about this for a while. This always comes from the original Solana goal. [Ethereum creator] Vitalik Buterin also talks about 1 billion users.
So let’s start the race. Which chain will hit 1 billion users first? Chains with wallets with 1 billion users win the day. Therefore, it can be argued that the bag should have some replacements.
Me
Don’t miss a beat subscribe to get encrypted email alerts delivered straight to your inbox
Price action confirmation
Please follow us twitter, Facebook When telegram
Surf The Daily Hodl Mix
 
Featured image: Shutterstock/alleachday/Fotomay
