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RE: Steemit Crypto Academy Contest / S6W1 - The Blockchain Revolution.

A well written article about the blockchain technology and the Cryptocurrencies.

Blockchain technology is based on a peer-to-peer network, which means that it can be challenging to scale the network. This is a challenge when implementing the technology, as the network needs to be able to support a large number of users.

Actually, there is a term that is known as Blockchain Trilemma according to which there cannot exist all of three unique features of the Blockchain technology that are decentralization, security and scalability.

The developers of the Blockchain have to sacrifice one of these three parameters for the smooth working of the blockchain. That's why, the Blockchains that are developed after Bitcoin are much more scalable than Bitcoin but still they lack either high scalability or security.

Thanks a lot for sharing your post with us and I wish you a very good luck for the contest.

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