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<ul><li>Dr. Xiao Feng predicts Ethereum&#39;s continued dominance, standing unparalleled in blockchain innovation in 2024.</li><li>A crucial shift lies in the maturation of Blockchain L2 technology, advancing specific-use applications in 2024.</li><li>The seamless integration of AI and WEB3 transforms blockchain, creating large-scale collaboration networks and decentralized solutions.</li></ul>In commemoration of the transformative impact of Non-Fungible Tokens (<a href="https://cryptotale.org/how-nfts-are-revolutionizing-decentralized-finance-defi/" rel="noopener noreferrer nofollow">NFTs</a>), Dr. Xiao Feng, Chairman of HashKey Group, has released a visionary New Year&#39;s <a href="https://www.panewslab.com/zh/articledetails/2cd6y4vd.html" rel="noopener noreferrer nofollow">message</a> outlining the blockchain industry&#39;s trajectory for 2024. Grounding his reflections on the first principles of blockchain, Dr. Feng reflected on the historical evolution of accounting ledgers and dived into the top ten trends shaping the industry in the coming year.The first principle emphasized by Dr. Feng is the creation of an open and transparent global public ledger. He traced the historical development of ledgers from the single-entry accounting on Sumerian clay tablets in 3500 BC (Ledger 1.0) to the advent of double-entry accounting in the Mediterranean city-states of northern Italy in AD 1300 (Ledger 2.0). The culmination of this evolution occurred in 2009 with the introduction of distributed accounting in the digital world (Ledger 3.0), marking the inception of blockchain technology.Dr. Feng predicted several significant trends shaping the blockchain landscape in 2024. Ethereum (<a href="https://cryptotale.org/ethereum-analysis-sparks-rethink-on-yield-narrative-in-crypto-circles/" rel="noopener noreferrer nofollow">ETH</a>), currently valued at <a href="https://coinmarketcap.com/currencies/ethereum/" rel="noopener noreferrer nofollow">$2,271.35</a>, is anticipated to maintain its pioneering role, standing unmatched in blockchain innovation. Subsequently, the maturation of Blockchain L2 technology is highlighted as crucial for supporting applications with specific use cases and tangible value, marking a significant advancement in the industry&#39;s technological landscape.Read full article<a href="https://cryptotale.org/dr-xiao-feng-unveils-2024-blockchain-projections-and-industry-shifts/" rel="noopener noreferrer nofollow"> at CryptoTale.</a>

Dr. Xiao Feng Unveils 2024 Blockchain Projections and Industry Shifts

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