Cryptocurrency ecosystem

in #blockchain6 years ago

Most of the time I read how the effect of culling between crypto currencies. Many of them will fail and only the strong ones will remain those who will do something for themselves.

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Personally, I hope this happens later. This will help Steem on his own, providing one of the survivors, because there will not be too much chaos and more attention on it.

So, there are a lot of markers that spread the current investment money at that time, and even with significant consolidation, there will still be a number of indicators you can choose.

Because it is a special block chain, it is limited within an organization or between a small number of organizational groups and therefore usually consists of fewer nodes. Fewer nodes are generally considered to be less reliable and 51% attacked by consensus. Access rights are given to participants and can only be validated and cannot be verified independently as an independent public chain.

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Therefore, the concept of decentralization is very bad in the case of a special block chain and works like a more central model. Peer-to-peer network, access management is more complex than a public block chain.


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Access rights were granted to participants. A smaller number of nodes are generally considered to be less reliable and 51% are attacked by consensus.