Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: anushkasachith888 on January 02, 2024, 09:30:38 AM



Title: emerging trends or projects in the Bitcoin space
Post by: anushkasachith888 on January 02, 2024, 09:30:38 AM
Are there any emerging trends or projects in the Bitcoin space that are worth keeping an eye on? Or there is none?


Title: Re: emerging trends or projects in the Bitcoin space
Post by: un_rank on January 02, 2024, 10:06:45 AM
The latest on the bitcoin network is Ordinals, but this does not concern someone whose focus is on Bitcoin entirely.

Bitcoin does not have trends like other networks which are focused on profits and finding new ways to attract investors. What you find on Bitcoin are implementations to improve the network.

- Jay -


Title: Re: emerging trends or projects in the Bitcoin space
Post by: Die_empty on January 02, 2024, 10:23:24 AM
Are there any emerging trends or projects in the Bitcoin space that are worth keeping an eye on? Or there is none?

You can easily find new projects if you intend to invest in altcoins. There are always emerging projects in the altcoin space that most people invest in with the projection of making a quick profit. Don't be deceived by the name of some projects such as Bitcoin Cash and others, Bitcoin has no alternative project. Ensure you do your research before venturing into any new projects because many scam projects are springing up every day. Or you can decide to buy or invest in only Bitcoin.   


Title: Re: emerging trends or projects in the Bitcoin space
Post by: anushkasachith888 on January 02, 2024, 12:50:34 PM
Are there any emerging trends or projects in the Bitcoin space that are worth keeping an eye on? Or there is none?

You can easily find new projects if you intend to invest in altcoins. There are always emerging projects in the altcoin space that most people invest in with the projection of making a quick profit. Don't be deceived by the name of some projects such as Bitcoin Cash and others, Bitcoin has no alternative project. Ensure you do your research before venturing into any new projects because many scam projects are springing up every day. Or you can decide to buy or invest in only Bitcoin.   

It is not easy to invest in Bitcoin right now. I was aware of bitcoin when it was below $ 1500, I was stupid not to invest in bitcoin in those days.


Title: Re: emerging trends or projects in the Bitcoin space
Post by: anushkasachith888 on January 02, 2024, 12:51:18 PM
The latest on the bitcoin network is Ordinals, but this does not concern someone whose focus is on Bitcoin entirely.

Bitcoin does not have trends like other networks which are focused on profits and finding new ways to attract investors. What you find on Bitcoin are implementations to improve the network.

- Jay -

Got the point. Thank you.


Title: Re: emerging trends or projects in the Bitcoin space
Post by: ice18 on January 02, 2024, 01:02:02 PM
Did your hear about crypto inscription? I saw this topic trending months ago, I saw many projects are doing this first I saw on Bitcoin inscription/ordinals but I saw some other chains also doing this now. I still not very knowledgeable on this btc inscription thing but looks same as minting NFT storing on bitcoin network you can DYOR if you want to get involved.     


Title: Re: emerging trends or projects in the Bitcoin space
Post by: Wind_FURY on January 02, 2024, 01:46:25 PM

The latest on the bitcoin network is Ordinals, but this does not concern someone whose focus is on Bitcoin entirely.


It's based on hype, not actual development that will make Bitcoin a better protocol. Listen to what Ordinals developers like Udi and Casey Rodarmor have said. They said that they wanted to make "Bitcoin fun again". THAT shows they don't care about bringing the network forward, they merely want to build something like memecoins.

Quote

Bitcoin does not have trends like other networks which are focused on profits and finding new ways to attract investors. What you find on Bitcoin are implementations to improve the network.

- Jay -


The ETF could probably be considered a trend, no? Although it's a trend for the institutions, but it's still a trend.


Title: Re: emerging trends or projects in the Bitcoin space
Post by: DooMAD on January 02, 2024, 02:27:02 PM
If the mainstream media aren't reporting it, then it's probably more interesting:

'ZK Rollups (https://bitcoinmagazine.com/technical/zk-rollups-are-coming-to-bitcoin-heres-all-you-need-to-know)' have some potential.  Curious to see where that goes.

Just heard about something called 'Cluster Mempool (https://bitcoinops.org/en/topics/cluster-mempool/)', but don't know much about it yet.

Work still continues with stuff like 'MuSig2 (https://bitcoinops.org/en/bitgo-musig2/)'.


Title: Re: emerging trends or projects in the Bitcoin space
Post by: 348Judah on January 02, 2024, 02:36:13 PM
Are there any emerging trends or projects in the Bitcoin space that are worth keeping an eye on? Or there is none?

You can easily find new projects if you intend to invest in altcoins. There are always emerging projects in the altcoin space that most people invest in with the projection of making a quick profit. Don't be deceived by the name of some projects such as Bitcoin Cash and others, Bitcoin has no alternative project. Ensure you do your research before venturing into any new projects because many scam projects are springing up every day. Or you can decide to buy or invest in only Bitcoin.   

That's true, talking about emerging trends or projects, that is common with altcoins, Bitcoin is strictly focused on building more on what has already been laid foundation on, their could be some newly introduced development under Bitcoin improvement proposals and you can get full details of them here on the technical boards or at GitHub, but when referring to projects, ordinals is not regarded as such to me because it's not under Bitcoin protocols but the network included it due to available block space and it's something entirely different from Bitcoin itself, altcoins have much of these developments and newly introduced projects, you can often visit the altcoins section to get more details.