Hi guys, have you ever thought about blockchain? If it is really revolutionary technology? I am reading many pessimistic opinions and articles, that it is not good technology. For example speed and massive adoption, we see this problem in Bitcoin blockchain and the transactions on blockchain, because it is the oldest one and there are the biggest number of transaction stored in blockchain, will this happen to every altcoins in the future? Will the Lightining network solve this problem? Why the Lightning network is not fully released - thanks to the miners - they want bigger rewards or? And what about mining - what will happen if we invent a quantum computer? Could we really trust in decentralized anonymous transactions in today's world?
Looking for your replies.
Indeed. There is no doubt in the fact that blockchain is a revolutionary technology. It has given power to people for doing transactions freely. Decentralized blockchain has removed the need for the interference of third party such as banks and financial institutions. It has made cross border payments much faster and with less fees.
Bitcoin can be said to be slow and one that has high fees, but that technology was created 5 years ago and now there are many coins that are much more advanced, have high transaction speed and very minimal fees. Blockchain has provided security, anonymity, privacy and accuracy in all fields.