I sat down today and was reasoning alot of things, after much thinking I came up with this post. I must admit it is a post worth jumping on. Ever since Bitcoin came on board we have seen different cryptocurrency project coming on board. Some have launched all in the name of scamming others and truth be told many have survived on that, some on the other hand have launched with the simplest reason to contribute to the progress of  the blockchain, they have succeeded on that also. We have also seen some cryptocurrency project launching with good intentions but despite that, they got hit badly by cryptocurrency, this happens simply because of ups and down in the cryptocurrency ecosystem. We all knows that it is not just easy when it comes to cryptocurrency. To succeed you need constant push and while doing that you should never thinks of the obstacles involved.


![images (41) (7).jpeg](https://cdn.steemitimages.com/DQmS23DxGi3gEgzxvBqeRGRbhzMQB16hsNAg6BETQHwNFxW/images%20(41)%20(7).jpeg)


[Credit](https://images.app.goo.gl/QVXezXo7HfHtwPzz9)

The beauty of anything is the ability for there to be competition in it. Assuming since cryptocurrency was launched by Nakamoto Satoshi in the year 2008, there is no more blockchain being launched I believed that the progress of cryptocurrency wouldn't have gotten this stage. Just imagine there is no way people where able to copy his code and improved on it? The progress might have been stagnant and that might cause the project to have been half dead by now. The ability for us to have an open source code does the magic. Almost all the cryptocurreny project launching today are using one or two things from the Satoshi Nakamoto code. With the aid of that support they have been able to improve on what blockchain is, this is one of the beauty of cryptocurrency. Check what has been added to cryptocurrency up till date and you will be blown away by the outcome amidst the thick, fat and slim. Cryptocurrency survived through all those black lash, torment, stress, frustration, set back till date simply because of what and how it has been improved on.

I have said it time without numbers that it is good thing that attracts people. Just take a look at honey as a case study, people loves it because of it good taste. The reason cryptocurrency is where it is today is simply because it is a good project. Because it is a good project it was able to attract a lot of rich investors who took the opportunity by investing in it no matter the outcome. Despite that we have also seen programmers and developers launching different blockchain aside #Bitcoin. This led to more marketing and this marketing led to the simplest reason why cryptocurrency has scale to a good height today. We all saw the great work #Ethereum blockchain, #Hive blockchain, #Algorand blockchain, #Solana blockchain, #Aptos blockchain, #Avalanche blockchain, #Eos blockchain, #Tezos blockchain, #Litecoin blockchain, #Binance Smart chain Blockchain etc are all doing. 

In a nutshell, a platform where there is no competition is good as dead. We should be happy seeing different cryptocurrency project rising up. This will create more competition in the various chain thereby bringing more investors to the blockchain. This is simply what we all need as we will be seeing different project wanting to give us the best no matter what. As customers we all knows that we simply needs the best in as much we are investing our money.


![images (41) (8).jpeg](https://cdn.steemitimages.com/DQmejZ7Nkd9vTEnqBCaznX7H6ifBCnb27NeczL6pQyFgMdX/images%20(41)%20(8).jpeg)



[Credit](https://images.app.goo.gl/7Cbxe1GCdS22s2zo9)


<center><div class=phishy>Conclusion</div></center>

I will advise that no matter how it seems, we should knows that competition is necessary for any system. With this in place seeing more blockchain coming on board will broadcast cryptocurrency project to more ears. We all knows that this will impact the blockchain positively. In a nutshell I will say that when it comes to cryptocurrency you should be happy seeing different project coming on board, this is what is impacting the cryptocurreny ecosystem in a very positive way today. I will say that the brain behind the cryptocurreny progress that we are seeing today is simply competition that has led to the launch of different cryptocurrency project. 

                Tfame3865  
               signed out

* If you love my post, feel free to comment and also support me, it will help to get me motivated. Remain bless as you read the post.

There is a decentralized finance project currently running. If you want to make good reward from your stake or Liquidity mining you should take a look at this project called Woxdefi . For more information about woxdefi you can check the below links.


![images (41) (9).jpeg](https://cdn.steemitimages.com/DQmeUDMLHz5nvtvtJ8FGsumqvaKVKtnHVbmVb1T4KfpF7CQ/images%20(41)%20(9).jpeg)


[Credit](https://images.app.goo.gl/Ljj3fqj2auAikrgM7)


[Discord group](https://discord.gg/9V94gqq22A)


[Telegram](https://t.me/+S0ZsqFHQTgU3NM1)

[Website](www.woxdefi.app)

[Purchase Wox through this link](https://sunswap.com/?lang=en-US#/scanv2/detail/TQP5L7UfAjAbc6zL9VgncbeATLmcEgNCaK)


* If you love my post, feel free to comment and also support me, it will help to get me motivated. Remain bless as you read the post. Thanks

   
![LUCYMssPjPkNSqA4R8GVisGuWmEiTbcWLWDufxa8iJ53FTBGdy17QVyi3XUgS6ZD9EpEdwEJ5VTZp5t1PQUa8vcKg8C96JT2PzHA7BHiW2kCQH933Fp5amQtjEnii2D...K1wKaAcQy2Mfk8L2ukFvNK4xXGMYcT6SAEuDKVUdHbUSbQxffbBN9gT1ahGPogP1dDipXCksyvo8imrnyAmtQqsHteGD6m8kuU - 2021-04-06T162903.174.png](https://cdn.steemitimages.com/DQmNdhfrFPAT7RUuEmYU2BrHo3wGCRqVfJozREipxHNCxQb/LUCYMssPjPkNSqA4R8GVisGuWmEiTbcWLWDufxa8iJ53FTBGdy17QVyi3XUgS6ZD9EpEdwEJ5VTZp5t1PQUa8vcK8C96JT2PzHA7BHiW2skCQH933Fp5amQtjEnii2D...K1wKaAcQy2Mfk8L2xukFvNK4xXGMYcT6SAEuDKVUdHbUSbQxffbBN9gT1ahGPogP1dDipXCksyvo8imrnyAmtQqsHteGD6m8kuU%20-%202021-04-06T162903.174.png)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tfame3865/different-blockchain-coming-on-board-is-it-healthy-for-cryptocurrency-at-all)