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

Hii @mini80

I am impressed by your explanation and understanding about the topic .Thanks for creating this informative article

I learned a lot from your post.Blockchain is progressing day by day and new advancements are coming in the technology. Like every technology this also have some drawbacks such as the scalability issues and cyber attacks issue.

You have shown a clear and good understanding about the working of blockchain Technology. It records the transactions on the nodes that can not be changed by any third party.

No involvement of third party or decentralized nature of the blockchain technology is really an impressive features that attract the users.

It is necessary to have knowledge about it to avoid falling for hacks, traps, or scams.

You are right it is really necessary to keep your passwords and keys safe to prevent from hacking. This will help us to ensure the secure transactions.

You have explained well about the adavantage and disadvantage of the technology. Thanks for sharing with us.

I wish you success in this contest.

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