Navigating The Murky Waters Of The Blockchain
discussionยท@ogochukwuยท
0.000 HBDNavigating The Murky Waters Of The Blockchain
 _________________ <h6> I wrote a post sometime ago about the Blockchain and the birthpangs of decentralization. There are a lot of things that have happened in the past few days that have shaken our faith in the Blockchain </h6> <h6> And this can be linked to a lot of factors. The truth is here is that it is not everyone who has the clean heart of Satoshi. A lot of people have recognized that there is money to be made in this new world order and they are desperate to make it via hook or crook </h6> <h6> The truth is that we have a long way to go before the Blockchain gets massive adoption like the Internet and as the days goes by things are getting more fuzzier and we are just hoping for the best </h6> <h6> The recent Binance hack have brought up a lot of questions tht has to do with Blockchain risk management. While it true that decentralized exchanges will solve this issue of hacking to an extent. Decentralized exchanges like Bithshares are still not as popular as their Centralized counterparts </h6> ____________________ <h6> A lot of ICO's that were launched last year are all failed projects now. The most iconic was the one that left the world ' Penis' after raising $30 million in Investors Money </h6> <h6> Different solutions to this problems have been proferred. Regulations, outright bans of ICO's and a whole lot of suggestions by the Crypto community </h6> <h6> The Bitcoin developers never did an ICO but it just turned out fine and that was a time where the Blockchain was known by just a few people. Now that the level of awareness has risen, I believe that any well meaning project can survive with minimal investment and not the millions of dollars being raised by ICO's these days </h6> _______________________________ <h6> So what ways do you think that the problems we are facing in this space can be solved when it comes to dealing with Human greed </h6> <h6> Your can also talk about the things you have noticed in the Steemit community too. We are a part of the Blockchain too ๐ </h6> __________________________ <h6> Thanks For Reading </h6> <h6> Image Source: Pexels.com </h6> <h3> Follow @ogochukwu </h3>
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