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RE: Blockchain technology and Cybersecurity

in Project HOPE4 years ago

Dear @dappuser

Interesting choice of topic buddy. Solid introduction to those who aren't aware of blockchain yet.

To do this, blockchain users have to use their respective keys and powerful computing systems to run algorithms that solve very complex mathematical problems. When a problem is solved, the block is added to the chain

Well, this is where usually people will stop you and ask 'what mathematical problems'? And guess what? Your answer will probably not be good enough and from that moment you will witness lack of trust towards this topic.

I think it's better not to mention this 'magical mathemathic problems' that blockchain is solving - simply because it doesn't sound convincing.

Upvoted already :)
Yours, Piotr

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Dear @crypto.piotr I agree with you. The ideas where can the blockchain technology be implemented was the initial idea of the post. Not all crypto projects are solving "mathematical problems" like mining. actually the majority will go into the PoS. There are passangers for every train, so we can assume that majority of the people can accept the information in the post. Thanks for your view ! :) Keep going.