WHAT IS THE FUTURE OF THE BLOCKCHAIN - BY @BLISSUJU|10% REWARD GOES TO THE COMMUNITY ACCOUNT

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Greetings to everyone one in this community. It is a lovely Friday and I would not want to let is slide without talking about an interesting topic which I have at heart.

Today, I will like to share an important topic with everyone here today, and I have titled this article what is the future of the blockchain.

We can see that something is already happening in the crypto market which I will like us to delve into discussing it and I will appreciate if you air your view in the comment section but for now, let us start the lesson.

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A lot has been happening lately in the crypto currency world and that has been my point of focus. when the crypto currency came into existence, we saw wonderful things along with it and people, investors and traders are equally making money from it.

It was a wonderful event and also the talk of the world. the early small traders and large traders benefited massively and everything seems all perfect.

During that period, one can be bold enough to say everything is fine with the blockchain and there is no cause for alarm.

To the point that many users where seen to have withdrew their fiat currency in the bank just to invest on the blockchain currency known as the cryptocurrency and which will turn out to be the best decision as they get to see their assets gaining increase in price on a regular.

It was so beautiful and great that the centralized institutions envy the decentralized system of operation of the blockchain. so at this point, I will like us to discuss some relevant issues that is vital in respect to the blockchain decentralized system of operation.

IS THE BLOCKCHAIN SAFE?

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Many hackers tried so hard to tamper with the security of the blockchain but they did not succeed so well because each users funds is store on the wallet and before a wallet can be by passed then one must possess the key that is been allocated to the wallet and these keys are combinations of both alphabets and numerals, so with that it became so difficult for hackers to transfer or steal assets from a user's account.

Now what we are currently experiencing in the crypto currency world is the issues of scammers.

Since these culprits already know that hacker the system is difficult now they have device a way of steeling from users and traders that are investing in the crypto currency through the act of scamming.

I was reading my news lately and I got an information from the news that, the frontier of the tera luna has been arrested.

And so I decided to follow the news to know why he was arrested and then I noticed that the lunc know as luna classic crypto currency was also developed by him, and reading from the article, how the lunc that was know as the tera luna then had a great fall in price and hence it was then change to luna classic.

Also not quite long there was a sudden pump of this currency according to the news and everyone saw it in the crypto market. I was thinking that the luna classic was recovering from it fall and I believe investors who had lost money on their currency would also be happy seeing the trend of the currency that very day, I never knew it was a manipulation in the market to prey on little investors because shortly after the luna classic crypto currency retraced back to it downtrend leaving many in loss for the second time.

So we all can see how cruel people can be. the first incident was never enough for him and then he came back to prey on investors for the second time. because during the rise of the luna classic, a lot of investors also dived into it with lot of money just to make profits and others went into it just to regain their loss but it was so unfortunate that they were been deceived and scammed for the second time.

WHAT IS THE FUTURE OF THE BLOCKCHAIN?

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This is now the question of the day. what is the future of the blockchain with all this issues that are happening in the blockchain world. investors are now scared of investing in the crypto currency because no one is to be trusted again.

Coupled with the fact that the blockchain works on a decentralized system, it will be difficult to track most of the scammers that are seen destroying or taking advantage of the blockchain features.

Many crypto currencies finds their way into the blockchain without the names of the founders and with that users do not know and can not know if these currencies are for real or if they were invested to prey on investors.

If these things are seen in the crypto world today, then how well can we be sure of the blockchain future. I know many crypto currencies have come and after collecting people's funds, they immediately run away.

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Who are we to trust now, what are we to believe. is there a greener pasture lying ahead for the blockchain, will it ever get better.

These are the questions that I have been asking my self for sometimes because if these scammers keep trooping in then the blockchain would not be safe again and it will not be as safe as it is now.

The future of the blockchain is quite questionable, what can we do to tackle the issues of scammers in the decentralized system is indeed a problem today.

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Until a solution is brought forward, the future of the blockchain will remain unknown. no one can predict the future because currently, the prices if most currencies are seen in a bearish level where we get to see low value in price and no one knows when there will be a bullish trend once again.

So we should all bear in mind that the blockchain is safe but the people in the system are the ones corrupting the system. we really hope to see a better future of the blockchain and likely to see a new retracement in cryptocurrency.