The Fourth Dimension of the Crypto Universe

There is an easier way to categorize the crypto universe. 

Cryptocurrency started with Bitcoin in 2009. It gives us one dimension of crypto that runs on the blockchain, with consensus protocol as Proof of Work and miners joined with running nodes.

Ethereum was introduced in 2015 further push Bitcoin into the gaming space. Smart contract was a core feature to trade off from security to flexibility that crypto can do more than just an online payment system.

Throughout 2015, Dogecoin was introduced with a wave of online memes to revolutionize how crypto marketing itself and shell them under the shadow of its opponents.

Then, the rest is history until 2021 the expansion of Web3, and more blockchain products are coming.

However, no matter how far crypto products can go, one more hidden dimension controls all - security.

Security is the core of crypto, no matter how you spin off the idea. The project will be hugely negatively impacted if the security has been breached.

But that is not to say, the higher the project's security, the more likely people will join the blockchain.

After all, we can start putting all cryptocurrencies into this space.

It is easier to see and understand.

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Photo by Jeremy Thomas on Unsplash