Uncovering Blockchain's Hidden Weaknesses Explained

  • 2 days ago
Transcript
00:00Blockchain technology, as revolutionary as it is, isn't flawless.
00:05One major weakness is scalability.
00:08The current infrastructure struggles to handle large numbers of transactions quickly.
00:14Security is another concern, with potential vulnerabilities in smart contracts and private
00:19keys.
00:20Plus, the lack of regulation opens the door to fraud and illegal activities.
00:26While blockchain offers transparency and decentralization, addressing these weaknesses
00:31is crucial for its widespread adoption and long-term success.