Alex is a author, speaker, investor and adviser centered on the affect of rising applied sciences similar to blockchain and cryptocurrencies. He’s the overall supervisor of Ninepoint Digital Property Group, an funding administration companies supplier within the subject of blockchain know-how and cryptocurrency. 

“I believe 2022 is the yr of multichain. 2021 noticed the rise of latest layer-one protocols like Solana and Avalanche that promised to enhance on Ethereum with quicker throughputs and decrease charges. However these advantages might show impermanent. As they grow to be extra well-liked, they might endure the identical destiny as Ethereum. Bear in mind, Ethereum charges was once low-cost too till the community discovered a product-market match with the rise of liquidity mining and different DeFi functions. 

With a tsunami of latest customers coming into the ecosystem, it turned a sufferer of its personal success. Charges skyrocketed, turning Ethereum right into a ‘whalechain,’ which means solely the rich might afford the charges. The identical factor might occur to different layer ones. That’s OK. I consider the scarcest useful resource on the planet for the subsequent few years will probably be block house. All these layer ones will most likely refill, which means we want higher methods to interconnect completely different protocols. 

Most new crypto customers will solely work together on the utility layer, not figuring out or caring what base chain they run on. Which means making interoperability a actuality. A couple of teams are engaged on multichain, together with Cosmos, which helps a whole bunch of crypto property value tens of billions of {dollars}. 2022 is the yr of Multichain Maximalism, and Cosmos is main the way in which.”