There are dangerous passes in any technological revolution. Some people in blockchain believe that blockchain has become overhyped when in reality, the technology has limitations and unsuitable for much digital interaction. Through research, there are success and failure and trial and error in the blockchain.
• Blockchain uses an entirely new vocabulary which is difficult at some time to understand.
• Blockchain requires a large network to reap the full benefit.
• Bitcoin has notable transaction costs. The first few years, the Bitcoin transaction was near free.
• If a blockchain is used as a database, the information going into the database needs to be in high quality.
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