FUD, HACK & EXPLOIT
2022 – THE YEAR ALL OF US HAVE LOST OUR FOCUS A CRYPTO TRILEMMA - FUD, HACK & EXPLOIT
INTEGRATED TECHIS NOT FULLY MATURED
The integrated DLTs and assets within them are still pretty much impracticable as per use case scenarios defined by the assets. Our focus towards the Layer-1scalable DLTs has been shifted towards the imminent Layer-2 and other solutions, without the firm updated release of Layer 1.0 solutions, that could be scalable with stability by applying few additional resources.
THE LAYER-2 SOLUTIONS ARE THE DREAMS TO COME TRUE
It is our team members’ privilege and technology expertise with practical implementation of non-disclosed DLTs integration as additional layer, with few corporations around the world and after trying to integrate these imminent layer-2 scalable solutions since 2018, there was no practical success till now, as all theoretical. There have been some claimed solutions though, but, while implementing, their networks congested, or other issues been faced in 2022
WEB3 IS INTERESTING BUT VERY CHALLENGING
Come on guys, let us be practical. Internet was already an open-source innovation, but some corporations and organizations have monopolized or controlled it with business opportunity and then made billions of dollars. Do we think that these limited but largest tech corporations will lose this multi-billion-dollar opportunity? For KOOPVerse, Web2.0 Applications are called “sharing (without knowing) is caring” and any of the users’ privacy is being compromised and it has been witnessed many times in the year 2022. It will be tough going towards Web3 development.
DAPPS AND D-DOMAINS ARE NOT USER FRIENDLY
KOOPVerse and team have observed that decentralized domains and DApps are still not user friendly. In fact, KOOPVerse is working to develop its own Chat with Video DApp, and the execution and implementation of such a DApp, does require many resources and permissions to finalize the stable version of application. Some of the projects with their tokens in 2022, mainly based on DApp though.
It is a simple fact that crypto trilemma (FUD, HACK and EXPLOIT) was created in 2022 by establishing the initial non-architecture (Layer-2, Web3, D-Domains and DApps) concepts of existing DLTs, to FOMOnize the investors and contributors to intentionally or non-intentionally rug pull the money. Let us work together towards the stability and maturity of the Layer-1 solutions first, and do not fall a victim of the unrealisticsolutions and concepts. In DLT / Crypto world, sometimes it is better to be the second mover with experience and expertise, than the first mover (Innovator).