Technology director at Ripple predicts four things about the 2018 digital currency market

in #ripple7 years ago

We all love predictions, whether we take notes from them or not, it depends on the expectations themselves and what it means for us in our personal or commercial life. When it comes to digital currencies, expectations are of particular importance to many. Stephan Thomas of Ripple has some extraordinary expectations about the digital currency market in 2018.

  1. The bubble of initial digital currency support operations (ICOs) is about to explode
    Digital currencies have never been as hot as they are at the moment. The total value of digital currencies across the planet exceeds JP Morgan's net worth even! Initial currency support operations, "ICOs", have taken a big turn. But the ICO bubble is about to explode, according to Mr. Thomas. The hole that Thomas expects in part is related to the problems of the expected financial regulation, and in part to the use of primary digital currencies.

  2. Global adoption of digital assets
    Sitvan Thomas admits that digital currencies have matured in terms of speculators entering their market. But he believes that we will see more key institutions in 2018, such as pension funds, asset managers and other financial entities, jumping into the vehicle behind.

However, before digital assets become truly global, banks will need specific banking and business guidelines for dealing with digital currencies, so that the entire mechanism of the order will be clarified.
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  1. Biloxin will begin sharing knowledge across borders:
    It once happened that everything was about Pitcullin, but the share of the Bitquin from the market dropped from 87% to below 50% in relation to the digital currency market. This is a sign that the networks of plucin are multiplying. However, if digital currencies want to become truly global, it will require ever-growing numbers of pluxin networks to start collaborating and engage in common trading with one another.

  2. The hybrid bauxite networks will begin to appear
    There are simply two main types of blockbuster networks: general (eg, bitquin), and special (similar to "Hyperledger Fabric"). Ripple Technology Director expects that 2018 will see the birth of the Biloxin hybrid networks - a combination of public and private pluchenes.

Mr Thomas believes that digital-special-purpose currencies will replace the general-purpose digital currencies, while hybrid or distinctive blockbuster networks will dominate the general-purpose blockbuster networks. This may at first seem paradoxical, but it will be the result of the work of the networks of the buccaneers with each other while these networks and digital currencies become less specifically linked.

Of course, no one can accurately predict the future, but it would be interesting to see how many of Stephen Thomas's predictions are true.

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