gas: Crypto trends in Q3 2021 and most anticipated events in incoming weeks

Business Analyst /Blockchain Enthusiast

What events (othen than EIP 1559 and the ETH2.0) in crypto and blockchain space are most anticipated in your opinion?

The most anticipated technical upgrade of 2021 is the Taproot upgrade on Bitcoin Network. For a change, the Taproot proposal was approved by miners all over the world, unlike the segwit2x which led to a civil war among the bitcoin community. The major change of the proposal is the shift from ECDA based digital signature which is complex to Schnorr signatures. Schnorr Signature will not affect the individual transactions but in a multi-signature transaction, the parties can remain hidden. In other words, it offers greater privacy for multi-signature transactions. But the major potential that will set the bitcoin party on fire is the ability to add smart contracts as part of the Taproot upgrade. Long-time Bitcoiners believe that taproot upgrade along with the lightning network can give Ethereum and other smart contract networks to run for their money. Taproot upgrade is about to go live in November 2021. The other anticipated upgrade is the Granada upgrade on Tezos. Announced in June 2021, Granada will reduce the block time from 60 seconds to 30 seconds and gas cost by more than half. the development will be taken care by Nomadic Labs, along with Marigold, TQ, Tarides, and DaiLambda. With the above changes, Tezos will try to become the go-to platform for decentralized Apps.

technical in PC and internet

What events (othen than EIP 1559 and the ETH2.0) in crypto and blockchain space are most anticipated in your opinion?

The price of ethereum, its rise, E3 2021, the development and expansion of NFT, the regulation of the price of gas, the stability of blockchain. The future in daily life and in world economies ...

Blockchain enthusiast

What events (othen than EIP 1559 and the ETH2.0) in crypto and blockchain space are most anticipated in your opinion?

Well I feel Eth2.0 upgrade and ethereum based projects are meant for the elite due to its exorbitant gas fee from my own point of view I think defi projects are about to surprise the crypto market and the foreign exchange as a whole. Defi took everyone by surprise let's take uniswap as an example after airdropping UNI worth $2500 to users of its platform and it also offered a means of gaining more UNI by providing liquidity on its platform which we call staking .These strategies can make more people partake in defi space built on Binance smart chain blockchain.

Full Stack web developer with a focus on web3 / solidity

What events (othen than EIP 1559 and the ETH2.0) in crypto and blockchain space are most anticipated in your opinion?

ETH 2.0 is indeed a big one. Defi (decentralized finance) has in my opinion barely scratched the surface and will continue to mature. Japan has expressed interest in utilizing blockchain for the stock market. New developments in DeFi such as options and reliable oracles and increased gas efficiency are also exciting. NFTs start becoming more mainstream which means we may see more real world applications or established franchises using nft to enable digital collectable of popular items / franchises.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.