These two projects are very powerful and must be focused on
The recent sluggish market has hit investors hard. Everyone's attention is focused on the market, and the topics of concern are how far the market will fall and when it will rise again.
In fact, in addition to the sluggish market, there are two other important news in the industry. The information they reveal will have a far greater long-term impact on the entire blockchain industry than the current short-term market. They will have a profound impact on the development of the future ecology of the blockchain.
These two important pieces of news are:
Filecoin confirmed the launch time of the main network and the development of Ethereum 2.0 sharding is basically completed.
1. Filecoin confirms the mainnet launch time
On September 25th, the IPFS and Filecoin teams released the Q2Q3 report, in which they gave a detailed launch schedule for Filecoin:
The mainnet will be launched in March 2020.
The test network will be launched on December 11, 2019;
The mainnet will be launched in March 2020.
After many delays, the Filecoin team finally gave a timetable for the launch of the test network and the main network. Although the team emphasized in the report that this timetable is the optimal situation they calculated, implying that the launch time may still be delayed, but I think this timetable will not be delayed for too long even if there is any delay. The time when the mainnet will finally go online Not much later than June 2020.
The launch of Filecoin will improve the IPFS ecosystem, which is great news not only for the IPFS community, but also for the entire decentralized storage application, and even for the entire blockchain ecosystem.
Decentralized storage is considered to be the most likely to be the first to achieve large-scale implementation in the field of blockchain applications. Therefore, when the concept of decentralized storage was first proposed, a group of extreme blockchains including IPFS+Filecoin emerged. Competitive star projects fully demonstrate the industry's high expectations for it.
However, these star projects have been unknown since they went online. They have not shown everyone's expectations in terms of applications, nor have they surprised users and the industry. Only IPFS has gradually emerged in blockchain applications and has become more and more popular. Applied in the DAPP.
However, IPFS is only the underlying storage method. If there is no upper-level incentive mechanism, users will never be able to obtain stable and reliable storage services. Therefore, Filecoin, as the incentive layer of IPFS, has always attracted much attention.
2. The impact of the good news of Filecoin on the industry
Now that the launch date of Filecoin is finally approaching, the most direct impact of this news on the industry is that Filecoin mining machines will attract attention again.
Due to the current sluggishness of the overall digital currency market, it is too late for everyone to pay attention to Filecoin.
I believe that when the market stabilizes and everyone's emotions return to rationality, they will definitely discover the brilliance of Filecoin again. At that time, the competition of mining machines will resume, and various forces will also compete to deploy Filecoin mining.
As an investor, you can now closely follow the progress of Filecoin
3. The development of Ethereum 2.0 sharding is basically completed
Ethereum 2.0 not only represents the future of Ethereum, but also represents the future of blockchain technology and applications to some extent. I have been paying close attention to the development of Ethereum 2.0.
I have expressed this point of view in the official account article: the next explosive and subversive scenario of blockchain applications is very likely to appear on the Ethereum 2.0 platform.
Prior to this, blockchain applications did not see bright spots like ICO. Therefore, when Ethereum 2.0 will be fully launched will mark when the next disruptive application will come.
Previously, I estimated that Ethereum 2.0 will be fully launched in 2022 to 2023, which means that we still have a waiting period of nearly 3 to 4 years.
In the composition of Ethereum 2.0, sharding technology is one of the cores, and it is the key to the performance expansion of Ethereum. Once the sharding technology goes online, it will increase the TPS of Ethereum from the current 10 transactions per second to hundreds of thousands or even millions per second.
At that time, Ethereum will be able to carry complex application scenarios and handle massive transactions.
On September 26, the development team of Ethereum 2.0 released exciting news: the development of Ethereum 2.0 sharding is basically completed, and the first sharding simulation will be demonstrated at the next developer meeting.
What is even more gratifying is that the team even predicts that Ethereum 2.0 will be fully launched in 2021. That's a full 1 to 2 years ahead of my estimate.
4. The impact of the progress of Ethereum 2.0 exceeding expectations on the public chain ecology
In this case, I believe that more and more new DAPP applications will choose to deploy on Ethereum, and more and more DAPPs that are already online but deployed on other public chains will focus on long-term development considerations. Gradually migrate to Ethereum.
This will form a siphon effect in the entire public chain ecology, which will not only preempt future traffic but also preempt the traffic of other existing public chains, resulting in a situation where the strong are stronger and the weak are weaker.
Therefore, I think that the status of most public chains will be in jeopardy. Of course, this crisis will not appear immediately, it will only gradually erode those public chains.
Once this erosion exceeds a certain critical point, other public chains may suddenly collapse.
I once again emphasize that as an investor, we must focus. It is becoming clearer and clearer who is the future of the smart contract public chain.
