Hats off to @0xstark, @evan_van_ness, and @danielzak for this rockstar piece. A totally exhaustive summary of all things #Ethereum in 2018, from DeFi to Layer 2 and everything in between. I can already see myself referring back to this for months to come. https://t.co/2nXxnHw4l1
in the year of 2018 the keyword is BUIDL, but for me, there's another called BEYOND HYPE. We've seen so many progress in Ethereum through the price is declining.
Many people in China are talking about"Ethereum is too big and too old to make progress", "Gavin Wood has left and Vitalik is leaving, Ethereum is doomed" , But I've seen more and more teams are working toward a better EThereum.
When there's a change, there's always have a curve like"J". It's high in the beginning and decline to the bottom then rise , just like the characteristic "J". Crowds will see the technology too powerful and hype it first. But after a while, we will figure it out that the technology is useful only to a section of issues, not an all-bug-killer. Then. the curve will rise.
For now, we are living in an era in which technologies have unlimited power. New technology will always solve elder issues. The problem brought by the Internet, blockchain will solve it.
Thanks for this, serves as a great summary of how the ecosystem has expanded and what remains to be done. Of disappointment to me is the lack of apparent progress on Digital Identity, Self Sovereign Data and Reputation solutions that I believe will be key to many types of social decentralised applications in the future. I know there are at least some parties working on these, would be good for their efforts to be brought to wider attention.
Rome wasn't built in a day and apparently, neither was Constantinople. And ETH 2.0 won't be built in a day either as we go forward from here.
If you really think the Ethereum ecosystem has stalled out in the past year, I suggest you read the article linked in this post title (@jjmstark/the-year-in-ethereum-87a17d6f8276">also here). It's a great summary of some of the biggest accomplishments in the Ethereum ecosystem over the past year. Shoutout to Josh Stark (L4), Evan Van Ness (Week in Ethereum, ConsenSys), and Daniel Zakrisson (hardfork.se) for writing it.
If you've been around emerging technology investment before, you know that the period between rapid and publicly hyped developments can often feel like an eternity. That is when many lose interest, and often when buying opportunities present themselves before subsequent cycles begin.
I know days and weeks can feel like months, and months like years here in crypto space. That's why it's even more important to maintain perspective around the pace of development, and respond to emerging market developments first with equanimity (if you can), and try to find context and perspective, before having visceral or emotional reactions which may cost you money or create mental anguish.
The "I want it now" generation won't be happy to hear this, but we're 10-15 years away from mass adoption. If you're looking at the price of ETH daily, you're going to go crazy. The development will be glacial. It always is. Watching the daily price change is 99% like watching paint dry.
I'm a smart contract developer primarily writing solidity, along with web3j (java) and many other related tech for ethereum, and I can tell you the platform is insanely powerful and will not be going anywhere for many years. As a dev I'm even more excited now than I was when I started writing EVM code 2 years ago.
I see a lot of positive information in this article and in the overall development of Ethereum. Not surprisingly, opponents of this platform have recently intensified spreading negative news about Ether. During the ICO EOS, more than four billion dollars were raised, and the product is still raw. The team of Ethereum collected only a few million, and the product occupies more than 85 percent of the market and has clear perspectives for further development. I believe in Ethereum.