HashKey Group Chairman Xiao Feng made a bold prediction for 2024. Ethereum He claimed that his network could completely dominate blockchain technology innovation.
In his statement, he highlights Ethereum’s unique potential to drive the blockchain industry forward, while also pointing out criticisms of the current trend in Bitcoin’s development strategy.
Xiao Feng‘s prediction highlights Ethereum’s prominent role in the blockchain environment. Dr. According to Xiao, no other platform can even compete in terms of driving technological developments in the industry.
This aligns with Ethereum’s ongoing efforts to develop applications with real-world value and specific use cases. It also further solidifies its position as a leader in blockchain innovation.
As we reported as Koinfinans.com, the HashKey president also touched upon the path necessary for Bitcoin’s success, adding that it should stick to its core features.
Xiao also highlighted the maturation of blockchain Layer 2 (L2) technology, emphasizing its role in supporting the proliferation of blockchain applications of tangible value.
Another key trend that Xiao noted for 2024 is the integration of artificial intelligence (AI) and blockchain technology and the greater adoption of cryptoeconomics in education fields. Xiao predicts that blockchain technology will support large-scale collaboration networks and serve a critical function in managing intellectual property in the field of artificial intelligence.