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Topic: The Year Is 2027 (Read 74 times)

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March 28, 2018, 12:03:36 AM
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For years now, decentralization has become mainstream and used by everyone ranging commercial banks, startups, established companies and governments. The same three boring players have dominated the market for quite some time: EOS, Cardano and NEO. The ultimate problem? That each one of these three blockchains divide the market and cater to a unique audience. This creates division as developers are forced to learn three languages and cater to three different environments, and consumers must keep track of three different types of portfolio token assets. If only there were one single, central player that could take the marketshare from them all, and finally centralize all stakeholders in the decentralized market..

But before then, we will first examine the strengths and weaknesses of each as of the current year in 2027 -

NEO) Currently widely adopted by all Chinese companies and the Chinese government. NEO is the official platform of the eRMB, the virtualized currency of China. All trade interactions with China are done via NEO. The problem? People complain that the NEO board is compromised entirely of Chinese government hand-picked members. Independent stakeholders were bought out long ago. This leads to concern in some that the platform is too centralized.

EOS) The true global platform. EOS has replaced platforms like AirSwap and PolyMath (which fell out of major popularity in 2022) for some time now, offering both decentralized exchange and security token functionality. The platform is well-rounded and robust. The main concern people have is the yearly 5% never-ending inflation of the currency which is being unfairly distributed to decentralized dApp gaming development companies. Whilst the platform has utility, EOS has a constant and high rate of inflation that is even more scary than the US dollar. This causes EOS to be nearly worthless as a store of value.

ADA) The big alternative to EOS and used more in the professional sector, particularly by banks and large corporates. A lot of the major players from the original and historical Ethereum blockchain migrated long ago to Cardano and have been working on it for nearly 10 years. This brings a lot of traditional blockchain and technical expertise to the sphere. ADA is seen as the "white collar" security and dApp network. Its major drawback is its lack of popularity precisely due to this white collar image.

But finally, in this year of 2027, there aims to be a currency that will take the spot of all 3 current leaders as the permanent gold standard amongst all blockchain platforms - Bitcoin 3.

After Bitcoin 2 failed around 2021 (it tried to bring back the original vision of bitcoin but without the hindrance of legacy code) it was obvious that Bitcoin would need to offer better Smart Contract and dApp development, cheap scaling, and zero-fee transactions, if it was to ever become relevant again. Bitcoin Original has always remained a great store of value despite its lack of actual use due to the fact that Bitcoin predecessors offer free airdrops to BTC holders at a 1:1 ratio, precisely the same thing BTC 3 aims to do.

BTC3 aims to offer better Smart Contract functionality than EOS, and hopes to convince white collar enterprises to migrate to it from Cardano. Could Bitcoin 3 finally be the blockchain that is both an original store of value and also practical for mainstream dApp use? It seems so.

The year is 2027, that is all.
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