LogFAQs > #964979903

Crypto dying? Heavens no. We're on track for the next big evolution later this year; cross chain interoperability development. Currently, if a developer creates a dapp (decentralized application) and wants to deploy them on 2 blockchains, they need to deploy the dapp twice, one on each blockchain and manage each of the dapps independently on each chain. This is the norm, a multi-chain world. When layer zero protocols take off to bring us to a cross chain world, a developer will only need to deploy one app but use the Layer 0 protocol to connect the dapp to different blockchains where you can send not only tokens, but commands and instructions so the dapp basically runs on different blockchains simultaneously.

The DeFi industry that flourished on Ethereum and other EVM (Ethereum Virtual Machines) will soon be available to the prehistoric Bitcoin as well as all other non smartcontract blockchains. Other blockchains will be able to connect to privacy blockchains to take advantage of their utility. And who knows what new innovations will be conceived by the "merging" of all blockchains.

I don't expect the price to skyrocket this year, it'll probably take a year or so for developers to take full advantage of the new environment, but to say crypto is dying, that's just ignorant of the development space.