Hi guys, have you ever thought about blockchain? If it is really revolutionary technology? I am reading many pessimistic opinions and articles, that it is not good technology. For example speed and massive adoption, we see this problem in Bitcoin blockchain and the transactions on blockchain, because it is the oldest one and there are the biggest number of transaction stored in blockchain, will this happen to every altcoins in the future? Will the Lightining network solve this problem? Why the Lightning network is not fully released - thanks to the miners - they want bigger rewards or? And what about mining - what will happen if we invent a quantum computer? Could we really trust in decentralized anonymous transactions in today's world?
Looking for your replies.
Blockchain is definitely revolutionary- it is based on the efforts of millions of people and is practically indestructible for as long as the Internet connection exists.
Hopefully, Lightning will solve all the problems related to the speed of transactions and fees - this will rocket bitcoin to the sky.
As for the use of quantum computer for mining, CoinFac is already implementing this idea (read here:
https://nulltx.com/coinfac-announces-quantum-computing-technology-for-cryptocurrency-mining/).
Such a computer costs $5-10 million, so only wealthy miners can afford that, which brings substantial imbalance in the process of mining.