The cryptocurrency industry has seen massive amounts of progress over the past year and a half. In fact, 2020 and the first half of 2021 perhaps the most productive period that the industry has had in its entire existence. A lot of it probably has to do with COVID-19, which spread throughout the world, forcing people around the globe to stay at home.
Developers used the opportunity to work more on various crypto solutions; new people joined the industry, whether as developers, traders/investors, or otherwise, which also meant greater adoption (although still no mass adoption as of yet), and more. The crypto industry saw several new trends emerging, of which DeFi (decentralized finance) and NFTs (Non-Fungible Tokens) were and still are the biggest and most successful.
Many projects saw personal advancement, and of course, let’s not forget massive bull runs that brought coins like Bitcoin, Ethereum and many others to new all-time highs (ATHs). But, with all that happening, there are still plenty of issues in the crypto industry that have yet to be solved. Finding solutions for the issues of scalability, volatility, lack of regulations, and more, is …