"It is no longer about whether we should use decentralized tech, but how fast we can pull our old systems onto these new rails. The numbers tell a pretty loud story. Last year, the Web3 market was sitting at about $52.67 billion. Fast forward to today, and we have already crossed the $68.74 billion mark. If you look at the horizon, analysts expect this space to balloon to over $400 billion by 2032."
"Gone are the days when one single blockchain tried to do everything. We used to have these "monolithic" giants like the original Ethereum or Bitcoin. They handled the rules (consensus), the math (execution), and the storage (data availability) all in one big pile. It was slow. It was expensive. It was like trying to use a Swiss Army knife to build a house-sure, it has the tools, but a dedicated hammer works better."
The Web3 market grew from about $52.67 billion to $68.74 billion, and analysts expect it to exceed $400 billion by 2032. Blockchain architecture is shifting from monolithic designs to modular blockchains that separate consensus, execution, and data availability. Modularity enables faster, cheaper, and more flexible decentralized application development. Most of the heavy lifting now happens in the background, so users see faster payments, lower fees, and verifiable ownership of digital items. Developers are adopting Lego-style, specialized layers to build on new rails. By 2027, the majority of new dApps will likely run on these specialized platforms.
Read at London Business News | Londonlovesbusiness.com
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