• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

XRP trading volume soars as new ATH attracts deepfake scam targeting investors

2025-07-18

We Are So BACK!!!

2025-07-18

Bitcoin Holders…Genius Bill Passed! | Altcoin Season Continues

2025-07-17

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What Is Copy Trading in Crypto? A Beginner’s Guide

    2025-07-10

    A Step-by-Step Guide for Risk-Takers

    2025-07-09

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    2025-07-09

    How It Works and What to Watch Out For

    2025-07-09

    Crypto Risk Management Strategies for Trading (2025)

    2025-07-07
  • Videos

    We Are So BACK!!!

    2025-07-18

    Bitcoin Holders…Genius Bill Passed! | Altcoin Season Continues

    2025-07-17

    HYPE or HYPEr-Bubble? 🤯 Hyperliquid Analysis You NEED to See 📉📈

    2025-07-17

    BlackRock’s New Globalization Is A TRAP!! Watch Out For This!

    2025-07-17

    Bitcoin Momentum Builds | Big Gains for These Crypto Projects

    2025-07-17
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Blockchain»Blockchain Development Trends
Blockchain

Blockchain Development Trends

2023-03-11No Comments6 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email


Blockchain


The collapse of Terra LUNA/UST, Celsius, Voyager Digital, Three Arrows Capital and the most recent FTX saga has made 2022 a tough and volatile year for many in the industry.

According to CoinMarketCap, the total crypto market capitalization has dropped to $821 billion as of the end of November, while on-chain crime has also increased in frequency and sophistication as the industry grows. As of Nov. 22, 2022, there had been 290 security incidents with a total loss of over $3.6 billion, as documented by SlowMist Hacked (an archive of blockchain-related incidents).

Regulations have been at the core of the ongoing discussion over how to reduce crypto crime. Effectively regulating the market, protecting retail users, providing stability to some of the systemic challenges — these are some of the most pressing issues to be addressed.

On the flip side, this year has also brought regulators and the general public closer to crypto and blockchain trends. As a result, crypto-related policies are also becoming more transparent, which will ultimately contribute to the overall growth of the blockchain trends.

Besides regulations, what are the areas the industry should focus on in 2023?

  • An Increased Focus on Security Audits
  • A Multi-Chain Future With Increased Interoperability
  • Anti-Money Laundering and On-Chain Tracking Analysis
  • More Emphasis on Backing Up Your Keys
  • Zero-Knowledge Proofs: Scalability and Privacy
  • DAOs: Will Their Use Cases Expand?
  • NFT Markets Move Multi-Chain

An Increased Focus on Security Audits

October 2022 alone has seen over 20 attacks on Web 3 crypto coins, related projects and trading platforms. Most of these were attacks and exploitations due to security flaws in the projects’ code.

See also  China, Japan, and South Korea Explore Collaboration in Big Data, Blockchain, and AI

Many cross-chain bridges have been launched with 0 fees and fast transactions in order to quickly onboard users and projects to the ecosystem — all done at the expense of disregarding security as the most vital consideration.

Cross-chain bridges have a high level of liquidity yet little decentralization, and the majority of the authority resides in multi-signature wallets: once hackers gain access to signatures, they exert complete control.

Additionally, while it’s rare for cross-chain bridges to undergo security audits, the communities provide little in terms of security monitoring. As a result, cross-chain bridges often become a popular target for hackers.

With the raise in security-related incidents, we anticipate that more projects will recognize the value of auditing going forward. Based on the deep knowledge and expertise that SlowMist has accumulated in blockchain security, we believe that it is essential for projects to undergo a comprehensive security audit of the front/back-end and the contract, together with other methods such as using bug bounties to improve the project’s security throughout its ongoing operation and development.

A Multi-Chain Future With Increased Interoperability

2021 started the expansion of multiple Layer 1s with Solana, Avalanche and others, and 2022 saw the continuity of this trend with Aptos and Sui attracting significant investor funding and media attention.

Although the Ethereum Merge from PoW to PoS hasn’t brought significant improvement to its transaction cost or speed, this theme of scalability will continue among other L1s. Various Layer 2 projects have also been developed to reduce the network layer load, increasing its efficiency. Scalable rollup platforms, such as Arbitrum, will continue to garner interest as a medium to long-term solution to the Ethereum network congestion issue.

See also  Real-World Data Unlocks the True Value of Tokenization: Chainlink

The impossible trilemma in blockchain — security, scalability and speed — cannot be achieved simultaneously, which means that there are now multiple L1s addressing various user demands.

Consequently, we expect further development of cross-chain solutions, where EVM and non-EVM compatible chains are connected to achieve interoperability and compatibility.

These developments should give the community the opportunity to find the balance between a swift cross-chain bridge, sufficient liquidity and a secure user interaction experience.

Anti-Money Laundering and On-Chain Tracking Analysis

The importance of on-chain crime tracking is also more prominent. On-chain data can benefit blockchain trends analytics and anti-money laundering investigations immensely, and we’re already starting to see a multitude of on-chain tracking and analysis platforms and tools.

Through the data aggregation of these tracking tools, users can discover information such as the location of their funds and determine whether their assets are connected to stolen funds.

In the near future, tracking tools will continue to develop and add more capability to anti-money laundering investigations.

More Emphasis on Backing Up Your Keys

Even with all of the various self-custody wallet products available now, the loss of private keys and seed phrases has continued to be a very common reason behind many cases of crypto theft.

To address this issue, backups such as multi-party computation (MPC) have gained a place in the spotlight in recent months as a viable solution to the single-point backup problem.

With MPC, when a private key is initially generated, it can then be divided into multiple shards and distributed to a group of individuals. Using this specific method, the original private key can then be restored when necessary. In the near future, we anticipate that there will be an open-source solution that conforms to industry standards on this topic.

See also  Cosmos Hub Launches Replicated Security System to Attract Rest of Ecosystem

Zero-Knowledge Proofs: Scalability and Privacy

Zero-knowledge technology is a subfield of cryptography that can solve privacy and scalability issues for numerous Layer 1 blockchain projects.

Although it is not a new technical term, it hasn’t been a hot topic until recent months, and zero-knowledge proofs may be one of the most significant Web 3 and blockchain solutions in the coming years.

DAOs: Will Their Use Cases Expand?

In 2022, DAOs became one of the hottest topics in crypto, even though the majority of DAO organizations and their creation tools are exclusive to the Ethereum ecosystem and less developed on other L1s.

How DAOs can overcome incentive challenges, implement cross-chain asset management and interaction capabilities and expand use cases will be the key for the next phase of its development.

NFT Markets Move Multi-Chain

Previously, the Ethereum ecosystem was the one processing the vast majority of NFT transactions.

In the years to come, it’s possible that NFT transactions will increasingly be conducted on different chains, so projects that help facilitate such transactions will be in high demand.

The gaming industry is a promising new frontier for NFT applications, with a rising number of new players and developers in NFT related games in 2023.

One thing we know for sure: blockchain trends will be the driving force of many of the developments worldwide. We are looking forward to a compliant blockchain and Web 3 cryptocurrency world, a world of expanded capacity with a multi-chain balance, mature technology and an ecologically stable ecosystem.


Blockchain Development trends
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

What Is Blockchain? Blockchain Technology Explained for Beginners

2025-05-21

What Is Proof-of-Work (PoW) in Blockchain? A Beginner-Friendly Guide

2025-05-12

What is Proof-of-Authority (POA) Consensus in Blockchain?

2025-05-09

What Is Proof-of-Stake (PoS)? Guide to Blockchain Consensus for Beginners

2025-05-09
Add A Comment

Leave A Reply Cancel Reply

Top Posts
DeFi

S&P Global plans decentralized finance push as it looks for DeFi director

2023-04-03

DeFi S&P Global is on the hunt for a director of DeFi as the business…

Analysis

Venture Capitalist Who Accurately Called Bitcoin Turnaround Says Ethereum Is About To Enter Beast Mode – Here’s His Outlook

2023-02-27

An investor who accurately called the bottom of last year’s crypto bear market thinks that…

Analysis

Bitcoin 5% correction triggers $400M liquidations as Asia markets open for the week

2023-12-11

Nearly 120,000 crypto traders lost more than $400 million in the past 24 hours as…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

XRP trading volume soars as new ATH attracts deepfake scam targeting investors

2025-07-18

We Are So BACK!!!

2025-07-18

Bitcoin Holders…Genius Bill Passed! | Altcoin Season Continues

2025-07-17

HYPE or HYPEr-Bubble? 🤯 Hyperliquid Analysis You NEED to See 📉📈

2025-07-17
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 117,835.57
ethereum
Ethereum (ETH) $ 3,587.41
xrp
XRP (XRP) $ 3.42
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 731.76
solana
Solana (SOL) $ 175.79
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.241799
staked-ether
Lido Staked Ether (STETH) $ 3,572.94
tron
TRON (TRX) $ 0.317964
bitcoin
Bitcoin (BTC) $ 117,835.57
ethereum
Ethereum (ETH) $ 3,587.41
xrp
XRP (XRP) $ 3.42
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 731.76
solana
Solana (SOL) $ 175.79
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.241799
staked-ether
Lido Staked Ether (STETH) $ 3,572.94
tron
TRON (TRX) $ 0.317964