Blockchain, it's still early days

Once, people's understanding of blockchain was single and limited. It's almost a truism to talk about blockchain without talking about digital currency. Truth is unchallengeable, so when someone tried to separate blockchain from digital currency, there was an outcry. The later development tells us that just blindly binding blockchain and digital currency deeply cannot achieve the healthy development of blockchain, and will even bring the development of blockchain to a dead end.

When capital began to ebb and regulations began to appear, the corpses we saw in the blockchain industry were a direct manifestation of this phenomenon. When the development of blockchain is forced to a dead end, people begin to think about the correct development model of blockchain. At this time, blockchain and digital currency completely separate, also began to become another truth. It was at such a moment that the chain circle and the coin circle began to appear

Although they are trying to prove their legitimacy, such a legitimacy may just be a psychological comfort they want to obtain. People are more willing to stand in a more pragmatic perspective to look at the chain ring and the coin ring than to purely separate them. The so-called pragmatic attitude, that is, people pay more attention to blockchain and the combination of digital currency with real business, rather than just seeing blockchain and digital currency as a separate kingdom.

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Both blockchain and digital currency require such a pragmatic attitude. Because only such a pragmatic attitude can truly take the development of blockchain and digital currency away from the fanatical and unrealistic development state, and truly return to a relatively rational development state. Rather, the pragmatic approach to blockchain and digital currencies has more to do with their search for an entirely new model of development beyond capital and coin.

When the combination of blockchain, digital currency and real business begins to become in-depth and perfect, we see the emergence of many new business models that are more in line with reality. This is almost always the case with Libra, and with the later metaverse. Obviously, such a mode of deep integration with the industry does make blockchain and digital currency get rid of the previous development stage of concept and marketing, and really enter the development stage of deep integration with the industry.

For both blockchain and digital currency, such a development mode deeply integrated with the industry is truly suitable for their own development mode, and is the key to make them become universal mode from an independent kingdom. However, what we still need to see is that there is still a certain distance between blockchain and digital currency to return to the public and ordinary in the real sense.

If the current block chain and a summary on the development of digital currency, they just took the first step to return to the mainstream, the mainstream of the distance on real significance is still exists a certain distance. One of the most important reasons for this judgment is that blockchain and digital currency are only seen as one of many new species, but are not really the dominant ones.

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When blockchain and digital currency do not become dominant, their functions and roles cannot be effectively played. This is one of the key reasons why the new concepts we've seen, dominated by the metasverse, have been criticized. However, we should also see that establishing the dominant position of blockchain and digital currency is not achieved overnight, and it still needs a long-term process.

Only when the block chain and the new world of digital currency, are constantly enrich and perfect, only when the block chain and digital currency under such a new system, began to play a more and more important role, we can truly will block chain and digital currency established dominant role. The function and role of blockchain and digital currency cannot be effectively played if the dominant position of blockchain and digital currency cannot be established. In such a stage, and call it is a new era, as it is still placed under the category of the Internet.

This is the key reason why many new concepts represented by the meta-universe have been unable to achieve breakthrough development. In my opinion, the most critical point is to start with blockchain and digital currency itself. Only by constantly using them to construct a new world, especially a set of new ecological system different from the Internet, can we bid farewell to the current development state and truly bring the new concept represented by the meta-universe into a new development stage.

For blockchain, what we need to do is to constantly strengthen the connection between it and new technologies, especially strengthen its function and role in connecting and integrating new technologies, and constantly integrate the original separated and separated new technologies. In addition, we also use block chain technology will be the function and role play to the largest of the new technology. Only by truly enabling blockchain to play such a function and role, and only by truly enabling blockchain technology to become the dominant technology, can the function and role of new technology be brought into full play. The function and role of blockchain can be brought into full play.

For digital currency, we need to do is to continuously eliminate illegal digital currency qualitative role, constantly strengthening the contact between the real economy, make digital currency is no longer just an isolated, and the existence of hidden, but became a legal basis, and can be recognized by law. Only in this way, can digital currency really get rid of the isolated and secret development state, and enter the open existence with concrete real economy support and legal support.

When blockchain and digital currency achieve the above evolution, especially when the dominant role of both began to be established, the true meaning of the blockchain era can really come.

When chain blocks and digital currency still the role of the property, and even a non-mainstream, the role of simple arbitrarily shout out the so-called block chain era, is of no help. Obviously, we are currently facing such a stage of development -- the dominant position of blockchain and digital currency has not been established, and blockchain and digital currency do not have hematopoietic ability -- but we have shouted the slogan of the blockchain era, even the slogan of the meta-universe. What is certain is that this will lead to another dead end for blockchain and digital currency development.

Is too early for block chain, everything. What we need now is to lay the foundation and continuously enrich the block chain mansion with the landing and application of block chain. When the blockchain has become a countless presence, when the dominant position of the blockchain is finally established, perhaps, the era of the blockchain in the real sense will truly come.

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