Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: jennysmith on January 13, 2020, 09:56:49 AM
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Why are public chains with the true spirit of decentralization fading away while early adversaries have turned into advocates of the technology?
✅ The real use of Blockchain
Commercial concerns: Where several competitors need to collaborate, Blockchain offers the ideal medium to cooperate in a trustless environment without giving too much power to one party. Decentralization also prevents one side from overcharging for their middleman services.
Security concerns: Blockchain comes with built-in redundancy, encryption, synchronization and tamper resistance. Thus, Blockchain offers one of the best methods to preserve data.