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Learn Bitcoin and Blockchain

You're reading from   Learn Bitcoin and Blockchain Understanding blockchain and Bitcoin architecture to build decentralized applications

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Product type Paperback
Published in Aug 2018
Publisher
ISBN-13 9781789536133
Length 94 pages
Edition 1st Edition
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Author (1):
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Kirankalyan Kulkarni Kirankalyan Kulkarni
Author Profile Icon Kirankalyan Kulkarni
Kirankalyan Kulkarni
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Toc

The pros and cons of decentralization

After going through the journey of understanding decentralization in detail, we now have reached the end of this section. In this section, we will look at some of the most important pros and cons of decentralization. Over the past few decades, the technology advancements and innovations have helped mankind and this world make good progress and growth. However, at the same time, any such innovations in technology have also exposed the dark side of the internet and has shown us the misuse of the technology itself.

The internet, for example, has its benefits but also has its disadvantages as well. People misuse the internet for hacking online systems and various other scams. It is not primarily the pitfall of the technology, but the usage of it with wrong intentions. The coin always has two sides and we are talking about the crypto coin here...

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