Too Long; Didn't Read
Bitcoin was the first-ever solution to the "Byzantine Generals' Problem" Bitcoin was a revolutionary application as the first ever trust-less payment system. As a result, the crypto and blockchain industry exploded, with the peak market cap of all cryptocurrencies nearly hitting $1 trillion USD. Despite this frenzy of capital, many projects took advantage of a few things: a lack of awareness of the real applications of blockchain. A lack of adequate due diligence into ICOs and other blockchain-based capital raises is also a problem.