RE: Steemit Crypto Academy Contest / S8W1 - The Importance Of Blockchain Technology
Assalamualaikum,
Blockchain is growing day by day and we are making improvements in it. Contest like this help us to know about the limitations and problems raising in existing Blockchain.
There are multiple blockchain networks available, and each one operates independently, which can lead to issues with interoperability.
I think this is major concern. Once i also lost some of my Coins when i send them on wrong network. I think there should be connection between Blockchain Networks so the assets can be recovered if they sent on wrong network.
Blockchain is not regulated and this is also a bad feature of Blockchain. But there are number of Advantages which can hide the effect of Disadvantages. We should work on it and improve it.
Thanks for writing this post. I hope you will get good result from this contest. Good luck my friend. Have a nice day 😊
Regards: @cryptobitcoins
Thanks for your response