BitGulu was an early investor in Bitcoin and the original co-translator of the Ethereum whitepaper into Chinese. In this much-awaited piece, he takes stock of his earlier predictions in his seminal work “In Search of the Holy Grail”, and makes bold new ones. In light of the recent advancements in Ethereum Layer 2 technology and the launch of Arbitrum One, his thoughts are as relevant as ever.
The article was originally published in April 2021 by BitGulu, one of the lead evangelists of DeGate, and translated into English with the permission of the author in 2021! To read the full article, click on the link here https://medium.com/degate/in-search-of-the-holy-grail-2-0-part-2-209770cd88b2
Some highlights of the article
- The crypto industry has made the transformation of the “Nokia phone era” to “smartphones”. As a result, it leads to an ecological escalation of: ERC20 token creation, I-C-O, DeFi, NFT, DAO, etc.
- The roll-up of Layer 2 network technology of Ethereum will lead to the second growth curve of Ethereum
- The author believes that the productivity platform represented by Ethereum will be a $1 trillion market cap eventually
Do read the full article for the well elucidated analysis