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Bitcoin is king. It’s the first, the biggest, and the Kleenex of crypto. While layer-1 protocols may be creeping up in market capitalization and value, it’s a mighty difficult task to dethrone a king.
That said, it’s possible to hold the view that “crypto” as a whole will outperform “bitcoin” (i.e. BTC dominance will decline), while bitcoin retains its spot atop the global leaderboard. Ethereum is a more assailable target than Bitcoin for competitive Layer 1 computing platforms. Ethereum’s scarce resource is the finite capacity of its global settlement ledger, and this year proved how quickly other Layer 1s could siphon demand for crypto transaction settlement when Ethereum’s ledger gets too expensive.
A partnership between pop surrealist artist Jaen and Messari featuring an ultra-limited collection of NFT’s celebrating the release of Messari Theses for 2022. In this 2022 edition of Theses, Messari CEO and Co-Founder Ryan Selkis pens the 150+ page report that takes a deep dive into crypto’s top players, major trends, projects, themes and topics.
Theses 2022 NFTs memorialize the most impactful people and moments in the crypto ecosystem at this time. This NFT collection is the first collection ever produced by Messari, the premiere crypto data, analytics, and research firm.
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The Flippening(s)
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Bitcoin is king. It’s the first, the biggest, and the Kleenex of crypto. While layer-1 protocols may be creeping up in market capitalization and value, it’s a mighty difficult task to dethrone a king.
That said, it’s possible to hold the view that “crypto” as a whole will outperform “bitcoin” (i.e. BTC dominance will decline), while bitcoin retains its spot atop the global leaderboard. Ethereum is a more assailable target than Bitcoin for competitive Layer 1 computing platforms. Ethereum’s scarce resource is the finite capacity of its global settlement ledger, and this year proved how quickly other Layer 1s could siphon demand for crypto transaction settlement when Ethereum’s ledger gets too expensive.
A partnership between pop surrealist artist Jaen and Messari featuring an ultra-limited collection of NFT’s celebrating the release of Messari Theses for 2022. In this 2022 edition of Theses, Messari CEO and Co-Founder Ryan Selkis pens the 150+ page report that takes a deep dive into crypto’s top players, major trends, projects, themes and topics.
Theses 2022 NFTs memorialize the most impactful people and moments in the crypto ecosystem at this time. This NFT collection is the first collection ever produced by Messari, the premiere crypto data, analytics, and research firm.
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