In this article, we are going to be discussing the long run of blockchain, elementary analysis further because the technical read purpose of Komodo and see the the opportunities through that investors and alternative decentralized developers will participate in.

From day to day interactions and forums discussion we discover out that there area unit many that have the believe that cryptocurrencies, within the close to future, can cut back to quite few coins that dominate the blockchain scheme whereas the opposite cryptos can bit by bit change state (just because the exchange did within the youth did), however this is often a fallacious construct though judgement from the present state of market distribution and usage this might sound faithful most of the people,from market survey, BTC, LTC, BCH, XRP and USDT take sixty nine of the commerce volume on the cryptocurrency market. And this is often solely zero,36%❗️ of the prevailing range of coins — over 1600

Source

The BTC includes a lion's share of thirty third, USDT is 17 November, ETH is 12%, BCH is 3%, LTC and XRP area unit 2 hundredth every. this is often truly one in every of the foremost reasons that produce the fallacious construct of future dominance of crypto amongst a specific few. However, the actual fact and also the truth is blockchain technology is isn't simply restricted to exchangeable currencies or commerce and method abundant on the far side that, those that take their time to review the technology ought to perceive over to easily believe that they’ll all converge/evolve into some of major entities, this is often a complete thought of the thought of blockchain technology altogether.

I dont simply have the non-public believe however reality speaking the long run is probably going to envision an enormous quantity of blockchains and cryptos in thousands, every being dedicated to a selected purpose, solely the shitcoins that don't have any price or purpose are laid-off.

From my viewpoint the long run can reshape the construct through that crypto and blockchains area unit being valued, blockchains can now not be tied to the aim of products exchange payment or supported its commerce volume with relevancy bitcoin or alternative major pairs on exchangers however rather with the aim through that it serve and its application to the precise scheme or setting during which its falls among.

Take for instance a blockchain technology engineered for the aim of selection to be utilized in the conducting of elections, stipends for electoral bodies and commisions, reward permanently electoral practices whereas fully eradicating the scandals of election rigging, lowering the value of conducting elections, reducing outside polling risk and maximising the effectiveness of the electoral sector, such a blockchain during this scheme doesn't essentially have to be compelled to serve the aim of mobile recharging like ETN Electroneum or for sales of groceries like INS, however rather the blockchain application ought to be centered on the sweetening and improvement of the electoral sector.

Taking this angle into thought it's clear enough to envision that a lot of blockchains and crypto can evolve as a lot of technological desires can arise in numerous sectors of the economy starting from the general public to the personal and domestic sectors. and that i believe once this reality totally unfolds the idea of getting one currency (BITCOIN)as the bottom unit

of account are eradicated and this is often why i in person believe the long run BITCOIN won't be the #1 crypto dominant coin.

In addition to what are aforementioned earlier i feel the exhange between of blockchain and cryptos within the future won't essentially have to be compelled to be done on a 3rd party exchange like binance or huobi rather in a very a lot of direct and a lot of eco-friendly means a bit
like the steem system with the steem dollar, steem and steem power, every used for specific purpose among and out of doors the community via steem connect. Exchanges are drained relevance the system during which the blockchain operates on, as an instance a blockchain technology within the recreation business can have an on the spot link of exchange between disc manufacturers, game developers, marketers, retailers and several other connected recreation blockchain school.

TECHNOLOGICAL VIEWPOINT

This is the explanations that makes Maine believe such a lot that the technology(BARDEX) that Komodo is functioning on is of nice overriding to the blockchain future.

Atomic swaps(a method of exchanging/trading cryptos right from your personal billfold while not the requirement of a 3rd party) can seemingly be the means during which ALL blockchains act within the future and KOMODO tho' still in its early stage of development(as at the time of writing a beta version of bartex is on the market for testing on the komodo platform) may simply be what we'd like to actualize the pliability and interconncetivity between blockchains.

FUNDAMENTAL purpose OF read

In addition, KOMODO is one in all the leading exchanges in Europe, Bitpanda declared that IOTA and Komodo square measure currently offered in four hundred post offices throughout Austria. She have to be compelled to the list, that contains solely top-10 coins BTC, BCH, XRP, LTC, ETH and DASH. Operations with them are often finished the assistance of EUR, CHF, GBP or USD. though the coin itself is on the sixtieth place in coinmarketcap as at the time of writting.

KOMODO seems on the #1 place on the location Cryptomiso. this is often “crypto analysis website” that logs and charts the Github activity for quite 600 currencies, and so ranks them employing a host of specialised parameters. the upper within the coin rating, the a lot of team pays attention to it🔍

Komodo surpassed Visa. 45,000tps against twenty four,000 transactions per second, virtually double. you'll compare additionally with different coins within the picture, that is below

TECHNICAL VIEWPOINT

You all understand i want not say abundant here on technicals as we have a tendency to all understand its presently an honest time to shop for any altitude coin base on the present market scenario, but From a technical viewpoint taking into concerns of the Fibo Retracement level, stochastic, moving average and trends.

We can see from the chart below,

price is presently consolidating at the twenty three.6% fibo level taking fibo swing levels from march 2017 and dec 2017, similarly as worth movement below the four-hundredth random level that reflects thorough pessimistic strength but theres an occasion for a pessimistic worth movement before expecting a gaolbreak higher than twenty eight,000 satoshis.
Unlike Forex in crypto after you purchase a coin you truly hold the coin therefore i might say anytime around now could be smart for a get, but for a a lot of conservative trade you'll wait until a gaolbreak by setting a unfinished order at twenty eight,000sat. or purchase IF( i entirely doubt this) worth drops below the trend support labeled TS on the chart.
Market appearance extremely ripe and prepared for a optimistic run but for currently as earlier same worth movement ar dead reference to BTC therefore irrespective of however smart the chart appearance immediately it still depends on the actions and bitcoin worth growth.
THIS should finish SOON!!!!

Years back google was solely classified as a research engine however currently its applications on the net is therefore huge starting from automaton, IAAS via Chrome, Google drive and then on.... that makes it stands out because the variety #1 within the world.
WHO are going to be THE GOOGLE OF BLOCKCHAIN??????????

Disclaimer: this text is barely meant for instructional purpose, i'm not a money advisor, all i say is from my read purpose, Please conduct your own thorough analysis before investment in any cryptocurrency.

Thanks such a lot for