Trillion-Dollar Market Focused by the Market and Capital
By over a decade development, Bitcoin has started from zero to a peak of more than $70,000, and led to the creation of over 22,000 cryptocurrencies (CoinMarketCap, January 1, 2023) with a total market capitalization exceeding 2 trillion dollars. The underlying technology of Bitcoin, blockchain, has received widespread attention. And a large number of developers have been attracted to contribute to the associated technologies as data structures, smart contracts, virtual machines, and consensus mechanisms and algorithms. At the meantime, various industries such as finance, supply chain, intellectual property rights, social media, and artificial intelligence are also seeking integration with blockchain technology. Large banks and tech giants are actively deploying blockchain solutions and services in their industries. DeFi (Decentralized Finance), metaverse, and Web3.0, which are all built on blockchains, have entered the public, triggering waves of capital and market frenzy.
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