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    Web3

    The Future of Crypto and Web3 is Multi-Chain

    January 21, 2024Updated:January 21, 2024No Comments1 Min Read

    Too Long; Didn’t Read

    The article declares the debate over a singular versus multi-chain crypto economy settled in favor of a multi-chain future. It emphasizes that decentralization, a core principle of the crypto movement, is better realized in a multi-chain system. Arguments against multi-chain, such as technical and economic fragmentation, dilution of security, and complicating development, are countered with points supporting economic resilience, technical redundancy, and healthy competition. The article envisions a multi-chain world as a 4-dimensional spiderweb with evolving concepts of chains, rollups, and layers. Despite differing opinions, the article concludes that decentralization will prevail, inviting innovators to build the multi-chain world together.

    This news is republished from another source. You can check the original article here

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