Webinar
What's the future of crypto?
- Some observers and speakers anticipate a potential wholesale transformation of the Internet in a "post-money era," with one prediction suggesting the technology is approaching a phase where it "starts to get interesting," while others foresee a significant role in the next iteration of the internet if privacy issues are resolved.
- If countries implement effective retail payment systems, the utility and usage cases for cryptocurrency could decline substantially, whereas proponents of Web3 expect a decentralized internet to facilitate easier data monetization and shift application incentives away from advertising and behavioral data.
- Regarding technical scalability, analysts project that Layer Two solutions will likely outperform core blockchains in speed, though uncertainty remains regarding their capacity to handle global, frequent transactions for everyone; conversely, one speaker argues that current slowness does not preclude future performance as the technology evolves.
- Material risks and developmental gaps are identified in the potential for ambiguous accountability regarding data access by hackers in decentralized systems and the current immature state of economic security research within these ecosystems.