EToro Report: Ethereum DeFi Platform Drives Key Volume Growth in Altcoin Q3 Market

2020-10-15 20:13
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On October 15, the cryptocurrency platform eToro announced its quarterly announcement. The report notes that altcoin trading volume increased significantly during the quarter, and Ethereum-based DeFi platforms played a key role in the growth. The report also indicates that DeFi could reach the level of the ICO boom of 2017.

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Note: Future trends in blockchain decentralization will gradually decrease as the user base expands
According to an Oct. 15 CoinDesk report, World Economic Forum (WEF) researcher Stephanie Hurde wrote that proponents of blockchain technology believe blockchain is a defense against the industry of protecting the modern economy. However, in practice, blockchain applications are not as economical and political as today's modern technology companies, as they have yet to achieve success with consumers. The size of the adoption and the outcome of interest and finance is a prerequisite for building resilience. It took many years for the World Wide Web to evolve from the development of Tim Berners-Lee in the industry to great and useful sites like Facebook and Twitter. The key question is, if blockchains have their own killer app, would those services have more of an impact than the current option, and the answer is no. He said that over the next 10 to 20 years, there's a good chance that we will complain about the misdeeds of big blockchain companies, just like we complain about big tech companies today.
2020-10-15 20:07