Blockchain Disadvantages-Ledger Technology Limitations
Blockchain has become a movement now, maybe even a revolution. Blockchain evangelists would make you believe that it is the panacea. Since advancement in the technology of Blockchain has been progressive since 2009, we’ve come a long way even though we are still in the infancy. Along the journey we have rendezvoused with the imperfections Blockchain comes with. There are treacherous passes in any technological revolution. Some people in the blockchain industry have pointed out that blockchain has become overhyped, when, in reality, the technology has limitations and is inappropriate for many digital interactions. But through research and development, success and failure, and trial and error, we've learned the current issues and limitations of blockchains. Complexity Blockchain technology involves an entirely new vocabulary.It has made cryptography more mainstream, but the highly specialized industry is chock-full of jargon. Thankfully, there are several efforts at prov...