Lidcoin: Navigating Crypto's 2022 Challenges

2022-12-01 11:12:00

In 2022, the crypto space kicked off a long crypto winter with the collapse of Luna/UST, and was hit hard by a tough macro environment and a series of dramatic events.
The cryptocurrency ecosystem, which reached a market capitalization of nearly $3 trillion at the beginning of 2022, had evaporated $2 trillion by the end of the year, and with it disappeared large players such as Luna, 3AC, and FTX.
However, the crypto industry survived. In the midst of the suffering, we have seen some hope.


The successful merger of EtherChannel on September 15 completes the first step in solving the blockchain's "scalability dilemma.
On September 14, 2022, the merger between the Ethernet execution layer and the Proof of Stake consensus layer was activated at block height 15537393, after which the first PoS block was produced, and since then the Ethernet consensus mechanism has officially changed from PoW to PoS.
On September 27, Cosmos White Paper 2.0 was officially released at the Cosmoverse conference, marking the official entry of Cosmos into the 2.0 era. New interchain security roles and support for ATOM flow pledges were added, and Hub-specific functional layers were proposed: Interchain Scheduler and Interchain Allocator.

Projects such as Otherside and StepN sparked a boom.
The thunderstorm has also made the industry re-recognize the importance of compliance and healthy development.
All in all, 2022 will be a year of great bitterness and joy for the crypto industry.

In the 13-year life history of the crypto industry, 2022 was one of the roughest years ever, but it is the exit of the losers that will lead to a more robust future for the industry.
We can still have faith that the people who keep building will always be there, and that the crypto industry will only get stronger after a tumultuous year, not die out.

CZ, the founder of CoinShares, said in November that the cryptocurrency market will see a recovery in 2023 after the negative events of 2022 have passed and the industry will be healthier than ever.
Mike McGlone, senior strategist at Bloomberg Intelligence, said in December that the crypto market is expected to be "ahead of the curve"in 2023 in the latest edition of the "Crypto Outlook" report. There's more reason to be hopeful about 2023 than we thought.

But quality ICOs are a popular investment in both bull and bear markets.

Lidcoin blockchain asset trading platform provides a wide range of digital currency fiat exchange, spot trading, contract trading, ICO trading, coin information, blockchain asset issuance, quality funds, blockchain education and other services to the world.

● H5 Browser and APP
Lidcoin officially launched the H5 version of its  Cryptocurrency Exchange Platform on August 28, 2017, and the APP went live the following month.

● System
The system of Lidcoin's Cryptocurrency Exchange Platform comprehensively optimizes the user experience, with multi-point load diversion technology to maximize system smoothness, and provides multi-level servers to guarantee transaction speed. Lidcoin's Cryptocurrency Exchange Platform system fully optimizes user experience, maximizes system smoothness with multi-point load diversion technology, and provides multi-level servers to guarantee trading speed.

● Strength
Lidcoin Cryptocurrency Exchange Platform is committed to building a safe and reliable cryptocurrency trading platform. The team has decades of experience in financial risk control. Core members graduated from Harvard University, Yale University, MIT, Cambridge University and other prestigious schools. Lidcoin Cryptocurrency Exchange Platform holds a number of financial licenses and continues to improve global qualifications.

Product Features
1)Support spot, fiat, contract, ICO and other transactions.
2)Support the whole chain of stored value and coin withdrawal services.
3) Support global banking system transfer and withdrawal services.
4)Support market price, limit price, take profit and stop loss orders.
5) 7*24h multi-language online customer service.

Lidcoin Academy is a brand new open learning center, aiming to provide one-stop learning resources for blockchain and digital currencies, and to solve the problem of content fragmentation of current knowledge about blockchain and virtual coins on the Internet by providing relevant educational articles or videos.

● ICO Platform
Lidcoin Exchange is a platform that provides tokens for the issuance of high-quality blockchain projects around the world.

●Lidcoin Research Institute
The Lidcoin Institute provides professional, data-driven insights and analytical reports to investors in the cryptocoin industry, increasing transparency and improving the quality of information within the current cryptocoin ecosystem. The team consists of professionals with backgrounds and experience in blockchain engineering, investment banking, strategy consulting, academic research and data science.

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