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RE: Steemit Crypto Academy Contest / S6W1 - The Blockchain Revolution

in SteemitCryptoAcademylast year

Blockchain is a highly innovative technology, but it has its limitations. For one thing, blockchain requires a high-speed internet connection in order to function effectively. This means that many people in developing countries will not be able to use this technology.

scalability might be low, which caused the network to transact at a very low speed.

There are concerns about blockchain's ability to process transactions quickly enough to compete with more traditional payment methods.

Generally, you have done well in this contest, and I wish you goodluck.

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Actually, it's not about the internet speed that affects the scalability, scalability is when a network is able to process a transaction faster, like we have TRx that process transactions at 4000t/s, but not all network had this uniqueness.

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