RE: Steemit Crypto Academy S8W1 ||The Importance Of Blockchain Technology
Assalamualaikum,
A very attractive and Creative Post from you friend. Your presentation is the most impressive thing in your post after content.
We can say that the transparency of blockchain technology is a powerful tool that promotes trust and helps to reduce fraud.
You're 110% right that Transparency of Blockchain make it easy to believe and trust on it but sometimes this transparency cause a privacy problem.
Like we can see the transactions data om Blockchain and if we take steemit as example we can see anything what is happening on the Blockchain. Sometimes it feal insecure due to privacy reasons.
Your explanation about working of Blockchain is really helpful and Your information about Zero proof technology is also based on good points.
Cyber Attack is always a threat for Technology and Blockchain had no exemption from it. Blockchain has also become Victim of it but it is hard to hack than traditional financing apps.
Thanks for writing and good luck dear ☺️
Regards: @cryptobitcoins
Thanks for your valuable comment.