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05.01 - 18:55
Altcoin Roundup: Three smart contract platforms that could see deeper adoption in 2022
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Decentralized finance (DeFi) dominated media headlines throughout 2021 and the sector, along with nonfungible tokens (NFTs), helped to initiate the mass adoption of cryptocurrencies.
While high yields on staking and instant profits from flipping jpegs have proven to be very lucrative for investors, it’s important to remember that none of it would have been possible without the underlying capabilities of smart contract technology.
The Ethereum network remains, hands-down, the most widely used layer-one smart contract platform in the crypto ecosystem, but everyone knows about the high fee and clogged network issues of the past few years.
In 2021, competing networks like Avalanche and Binance Smart Chain enabled compatibility with the Ethereum
Read more on cointelegraph.comAbout this in other media
Frax Share, Swipe and Gnosis lead the altcoin market as Bitcoin recovers to $47.5k cointelegraph.com /2 years ago
New smart-contract based crypto platform begins global operations business-standard.com /2 years ago
Bitcoin price flatlines as XRP hits $1 with ‘massive’ altcoin move set for 2022 cointelegraph.com /2 years ago
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