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RE: Steemit Crypto Academy Contest / S8W1 - The Importance Of Blockchain Technology

Assalamualaikum,

Dear brother you're right that everything has advantages and disadvantages, We can't find anything perfect. Blockchain has number of Advantages and features that attract this digital world but at the same time there are few drawbacks which limits it's use and cause user's not to relay on it.

Dear brother I am fully aggreed with the statement you given about the Problems in Existing Blockchain. When the network congested it cause a big problem for users to make a transaction and due to lac of Scability it is not possible to make transactions at instant at anytime.

Blockchain allows users to transact directly" commonly called peer-to-peer.

P2p is a big Innovation of Blockchain as user can make transactions and deals without any third party and they call deal on Blockchain through smart contracts.

You explained the Blockchain and how it is working in very amazing way, Your selection of words to explain a topic is very creative and impressive.

Blockchain has attractive Advantages as well as disadvantages, there is no doubt Blockchain will change our future and make it more digital and easy.

Thanks for sharing this quality post with us, good luck in this contest and stay blessed 😇

Regards: @cryptobitcoins

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