5/2/22, 2:01 PM
3 Blockchain Trends To Expect In 2022 | Sahr Ngegba | Technology
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3 Blockchain Trends To Expect In 2022 by sahrngegba | May 2, 2022 | Blog, Sahr Ngegba, Technology
The year 2021 was a record for the blockchain and crypto sector. Major cryptocurrencies such as Bitcoin and Ethereum hit new highs, and the market cap of the entire industry exceeded the $2 trillion mark. A number of promising new protocols, including Solana, Avalanche, and Hedera Hashgraph, emerged. But what about 2022? Where will Blockchain go from here? Read on to learn about some of the trends that we’ll see in blockchain in 2022 and beyond.
More Environmentally Friendly Blockchains Due to the nature of blockchain technology, it has been criticized for its environmental impact. One of the main reasons why many of the protocols that are used today require large amounts of energy to perform their operations is due to the design of the Proof of Work consensus algorithm. In 2022, it’s expected that the focus on reducing the environmental impact of blockchain technology will increase. One of the most prominent initiatives that will be implemented in https://sahrngegba.org/3-blockchain-trends-to-expect-in-2022/
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