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RE: Steemit Crypto Academy Contest /s2w3- Blockchain in our lives by @Kennydavebobo

in SteemitCryptoAcademy4 years ago

Blockchain goes beyond the technology of bitcoin, Ethereum, Steem and other related cryptocurrencies.

Yes , this is an important fact to state. Because of the popularity btc have to blockchain, a lot of people think that it was the start of blockchain.

Different users will always have access to multiple copies of the same information.

Yes, I think this pint emphasises it’s decentralisation feature.

For the fact that blockchain is decentralized in nature, this allows for the validation of person-to-person transactions faster and secure

Certainly the elimination of intermediates or middle men has cut down on the transaction fee so much that sometimes we don’t even see the deduction when we make a transaction.