The next ten years in cryptocurrency hold immense potential for growth, but achieving mass adoption—reaching a billion users—will depend on prioritizing security and user education. With promising innovations like rollups and sharding making transactions faster and more scalable, the technology has never been more powerful. Yet, for crypto to truly become mainstream, developers need to focus on making platforms safe and easy for people to trust.
As crypto systems become more complex, education will play a crucial role. Users need to understand how to protect themselves, especially with new features and technologies emerging so quickly. Builders can’t just focus on innovation; they also need to equip people with clear guidance on navigating this changing landscape safely. Building trust, through both security and education, will be key to driving crypto’s growth to a billion users.
Growing Threat of Hacks and Cyberattacks
Unfortunately, as the crypto industry grows, the risk of cyberattacks grows with it. Crypto-related hacks are on the rise, with hackers stealing nearly $19 billion over 785 incidents by mid-2019, according to Crystal Intelligence. Each attack not only threatens individual users but also creates doubts about the safety of the industry as a whole. For newcomers, the possibility of losing money to hackers can be daunting, which is why security is so critical.
As we look to the future, crypto developers need to make security a central focus. By creating stronger protections and educating users, the industry can help build a safer, more trustworthy environment for everyone.