Probable influence of «ZENITH» Protocol on the cryptoindustry. : 0xbt

Probable influence of «ZENITH» Protocol on the cryptoindustry.

Probable influence of «ZENITH» Protocol on the cryptoindustry.

At this stage, the cryptoindustry is quite seriously divided.

Everyone is trying to build his revolutionary blockchain, surpassing Ethereum in all respects.
So what can change the introduction of «ZENITH» Protocol

1. Since it solves the problem of anonymity of transactions, it will therefore be possible for a single payment gateway to which the main payment systems will begin to join.
Everyone needs a single interaction system.
The cryptocurrency market is no longer so small that financial structures pass by it.
As a result, more and more independent cryptocurrencies will also begin to join the possibility of their legalization.
This will entail an increase in the number of cryptocurrencies wrapped in Ethereum tokens.
WETH, WBCH and WBTC already exist.
And this is just the beginning.
Naturally, this would entail the workload of the Ethereum network.But as we can see: Price ups and a growing interest in cryptocurrencies in 2017 and a fall in 2018, gave a positive result in the form of the necessary network improvements.

2. The birth of a new network, having all the properties of the Ethereum network and surpassing it, with its own «ZENITH» Protocol.
But as we understand, with the further loading of any new blockchain, its parameters will also become more complicated.
But even if it arises, she has to go a long and long way on the way to proving her right to take her place.

December 11, 2018 "CFTC" made a request on the Ethereum network:
"In a Request for Information (RFI) that will be published in the Federal Register, the CFTC is asking for public feedback on a range of questions related to the underlying technology, opportunities, risks, mechanics, use cases, and markets, related to Ether and the Ethereum Network."
We see that financial regulators at this stage see the future behind this network.
And rest assured, they know what they are doing.
Behind their backs are quite competent specialists and consultants in the field of blockchain.
That is, «ZENITH» Protocol will probably give a new impetus for the further development of the Ethereum network.
And the realization of the possibility of using cryptocurrency as a legal means of payment will lead to a new wave of interest in this area of ​​finance.