$6.47 2.61%
EOS · 10w

Brock Pierce Gives His Predictions for Blockchain and Crypto for the Rest of 2019

Brock Pierce, most known as being director of the Bitcoin Foundation and former front man for EOS lays out what he sees as the future of the technology for the rest of the year.

Brock Pierce, former child actor turned crypto personality, has been giving his predictions for what the rest of the year holds for crypto. From appearing in movies as a child including the Mighty Ducks and First Kid, he has become an established and wealthy figure in the crypto community, with Forbes listing him in their list of the top 20 wealthiest people in crypto.

His face became widely known through his affiliation with Block.one, the firm behind EOS, however, no longer associated with the firm, he is a fulltime influencer in the industry as well as being chairperson on the board of directors at the bitcoin foundation. Speaking with Forbes, he gave his predictions on what he sees happening in the rest of 2019 in the industry.

The Rise of dApps

dApps – decentralised applications – are a promise of blockchain tech which has been around since chains like Ethereum first entered the scene, but which is only now starting to take shape. A number of networks including EOS and Cardano as well as Ethereum offer a lot of potential for developers looking to build dApps, and Pierce sees this as a huge part of the next evolution of the industry. He explains however that a number of things need to happen in order to make dApp development grow in a useful way.

“We’re going to see big things being built, multiple applications hitting a million users. Three things [need to happen though]: They have to be scalable. They have to be fee-less and frictionless. They have to be fast. No one will use the new internet if it’s slow, costs money and doesn’t’ scale. We are building the new internet, so new standards need to be set. Timing-wise, blockchains that check these boxes are happening now within the 3rd gen protocol; EOS, Tron and Cardano, to name a few.” Security Tok...
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