2022 will be a year of positive changes for the cryptocurrency market.

In an interview with Satellite News Agency, experts said 2022 will be a year of major changes for the cryptocurrency industry. A highly digital renminbi exchange will emerge and Bitcoin will lose its status.

Konstantin Ordov, director of the Russian Ministry of Economy and Finance, Institute of Business and Research in Plekhanov, said:In 2022, the Central Bank of Russia promised to start testing the digital ruble. This is an important and successful enterprise for the Russian economy. At the same time, we can see all the gains of the digital renminbi in 2022. This experiment is working well.

Dozens of countries have announced they will share their own digital benefits. In 2021, the Central Bank of Nigeria launched Africa's first digital currency, eNaira.

However, Aldorf finds it hard to believe in the digital advantages of African countries. However, the digital advantages must be recognized by developed countries and the laws. If we are talking about the competition between national digital currencies and popular cryptocurrencies, for now only restrictions and restrictions can create a positive effect on national currencies, but it cannot be eternal.

Experts predict that the "leader" will change in 2022. If the transition to proof of concept is made, Ethereum will turn Bitcoin into the main cryptocurrency, and this will lead to a new era of cryptocurrency. " He said. The integration of blockchain will go beyond all payment know-how, the cost of payment will be lower, and electricity consumption will be reduced, which is very important for the security process today. "

"Stake certification" is a new way to protect cryptocurrencies where the block formation algorithm is not dependent on the power of the device. In this way, there is no need to spend a lot of energy to secure the blockchain and reduce the cost of the participants.

“As the cryptocurrency market continues to improve rapidly, tens of thousands of cryptocurrencies can replace the thousands of cryptocurrencies known today,” Aldorf said.

The experts concluded: “The bigger question is whether the world power is ready to 'legalize' it.

Currently, financial authorities in many countries do not recognize cryptocurrency as a legal method of payment. Restrictions on the use of crypto assets are valid in China and India. Russian central bank chief Nabiulina said the central bank was against all forms of personal money.