Post
Topic
Board Announcements (Altcoins)
Re: 🚀 [ANN] Stabila Public Chain (STB) | Decentralize the financial system. 🚀
by
stepwilli
on 23/02/2022, 15:58:04 UTC
Public blockchains have some disadvantages. Mainly the high power consumption required to maintain a distributed public ledger. Other issues include a lack of complete privacy and anonymity. This can lead to weaker security of the network and user identities. In addition to genuine contributors, participants sometimes include fraudulent members who can engage in malicious activities such as hacking, token stealing, and network congestion.
How do you overcome these?
But, is there a crypto that is only composed of full advantages? Even the bitcoin itself still have disadvantage. That's normal and not a big deal but since I mentioned btc earlier. I think stabila is the same as btc because both have public ledger but thanks for the info, I didn't know that it can cause a high power consumption.

Now, I know why so many are against with btc because they say its not greener as other coins. Being transparent might be bad to some but we have anonymous cryptos too that they can use. No need to worry in shady activities because like we said earlier, any transactions are shown publicly, we can easily trace those criminals.