Blockchain ecosystems

What are “Blockchain ecosystems”?

Blockchain ecosystems refer to the interconnected networks and technologies that support the development, operation, and growth of digital currencies and decentralized applications. Each ecosystem has features, strengths, and weaknesses that directly impact the coin’s usability, speed, and transaction cost. 

Why are “Blockchain ecosystems” important?

Understanding blockchain ecosystems is important when evaluating a cryptocurrency because ecosystem characteristics provide the foundation for a coin's functionality, scalability, and long-term potential.