RE: Steemit Crypto Academy Contest / S8W1 - The Importance Of Blockchain Technology
I applaud your commitment to the SteemitCryptoAcademy's engagement challenge and your desire to learn more about blockchain technology. I like how you laid out the pros and cons of blockchain technology in layman's words and how accessible your writing is. You obviously know a lot about blockchain technology and have studied the topic thoroughly. Your emphasis on the decentralized nature of blockchain technology and its security advantages in financial transactions is much appreciated. I found very useful your clarification of blockchain's verification procedure and the "blockchain ledger" idea. It's clear to me that you're gifted at simplifying convoluted concepts for the layperson. Your assessment of blockchain's drawbacks, such as scalability issues and high transaction prices during peak times, was very illuminating. You didn't shy away from pointing out blockchain's flaws and offering constructive criticism. You made some interesting points about the potential uses of blockchain technology outside of monetary systems, such as in electronic voting and logistics.
wow, I really didn't expect to get this good comment, thank you friends for stopping by at my post, your comments really add enthusiasm to learning
TEAM MILLIONAIRE
Congratulations, your comment has been successfully curated by @kouba01 at 5%.