DeFi, NFT, Ethereum 2 … Coinbase anticipates 2022 crypto boxes


Around Coinbase predictions – It is common to make good resolutions when a new year arrives. However, in the crypto ecosystem, the transition to the new year is rather an opportunity for everyone to make predictions on the evolution of the ecosystem. Today, it’s Surojit Chatterjee, CPO (Product Manager) at Coinbase, to give his opinion.

Ethereum: scalability and first layer on the way to improvement

On December 30, Coinbase’s CPO published 10 predictions for the year 2022, via the company’s official blog. Among the topics discussed, Chatterjee plans a happy new year for Ethereum on many points. Indeed, this one predicts a improvement drastic scalability network, in particular via the deployment of Ethereum 2.0.

At the same time, the sacrosanct scalability should also be improved thanks to the multiplication of the various second layer solutions.

“I am optimistic about improving Ethereum’s scalability with the emergence of Ethereum 2.0 and many L2 rollups [de seconde couche]. “

Surojit Chatterjee

For him, 2022 will be the year of solutions based on the so-called technology Zero-Knowledge (ZK). Indeed, in 2021, solutions, such as Starknet or ZKSync, have witnessed a growing craze. Chatterjee predicts an increase in interest from both users and investors in the solutions of this family.

Obviously, the other blockchains say of layer 1 (first layer) are not left behind. Indeed, the rise of blockchains, such as Solana (SOL) or Avalanche (AVAX), should continue in 2022, to tend more and more towards a multi-chain ecosystem.

“The pull of Solana, Avalanche and other L1 chains shows that we will live in a multi-chain world in the future. We’ll also see new L1 channels popping up focused on specific use cases, like gaming or social media. “

Surojit Chatterjee

Faced with the emergence of this multi-chain ecosystem, the solutions of bridges (bridges) allowing funds to be sent from one channel to another should also increase.

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DeFi, NFTs and metaverse are also part of the game

This is not news to anyone. The year 2021 was the year of Challenge and NFT. According to Coinbase’s CFO, this trend should continue throughout 2022. Indeed, it predicts an increase in the interest of institutions in these ecosystems. However, for the latter to pass the step, it will be necessary that a enabling environment be put in place.

“However, they are still reluctant to participate in the Defi. Institutions want to confirm that they only trade with known counterparties who have gone through a KYC process. The growth of the regulated Challenge and the on-chain KYC attestation will help institutions have confidence in the Challenge. “

Surojit Chatterjee

Consequently, it predicts the proliferation of initiatives aimed at attracting institutions. For example, the creation of restricted access pools, such as those created by the Aave protocol via Aave Arc.

However, the DeFi ecosystem still faces a major problem: that of hacks. To overcome this problem, Chatterjee predicts the multiplication of insurance protocols allowing users to cover themselves against various attacks.

Finally, the latter sees the NFT continue to expand, both within the crypto ecosystem and with more traditional companies that will take the metaverse step.

“Many brands are realizing that NFTs are great vehicles for brand marketing and for building brand loyalty. We are likely to see other exciting brand marketing initiatives using NFTs. NFTs and the Metaverse will become the new Instagram of brands. “

Surojit Chatterjee

It only remains to wait to see if these predictions will turn out to be true during the year 2022. Since the trend is towards prediction, Vitalik Buterin has also decided to take stock of his past predictions, whether they will be true. are carried out or that they have been completely beside the plate.

In 2 days ? in 2 weeks ? in two months ? no one knows when the crypto bull run will resume. What is certain is that there will be no more time to have regrets. Prepare the best for this next phase of growth by taking advantage of an exceptional offer today: up to € 100 in free cryptocurrencies when registering on the Swissborg platform (affiliate link, for a minimum deposit of 50 €)

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