The uniqueness and originality of blockchain technology is growing – and it seems like the distributed ledger technology is everywhere. In times when Bitcoin (BTC) is entering the five-digit zone and is now above $10,000, blockchain seems to be a hot topic to mention. If you decided to visit some of the best blockchain events in 2020, this is what you should expect to learn.
Blockchain is driven by passionate believers
You will soon figure out that most of the attendees are really (and really) excited about the technology. The fact that most of the blockchain events in 2020 are sold show this – and the amped excitement is driven even more by crypto millionaires, startups and initial coin offerings (ICOs).
The technology is incredibly new and raw
If you are following our blockchain news regularly, you probably know that most of the non-crypto trading applications are built using Ethereum (ETH) which is still the leading blockchain application tool. The technology is very slow and has high transaction costs, as well as a cumbersome user experience. A lot of people are working to improve this but the improvements are not expected to come for at least twelve to eighteen months.
Innovating the data layers only
The best blockchain events in 2020 are showing that innovation happens at the data layer only. In other words, many blockchain apps are built with a proprietary web application which interacts with the technology for censorship-proof and easily audited data storage.
Only a few can explain the uniqueness of the technology
What is most surprising (and what we continuously share in the crypto news on our site) is that the uniqueness of the blockchain technology can not be explained by everyone. There are just too many passionate believers and too few people who can explain it.
You will be visiting again
There are so many blockchain events in 2020. By visiting only one, you are scratching the surface of possibilities – and will likely come back for more. There are many large companies promoting blockchain apps and carefully monitoring the area.
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