Scalability, decentralization, and security
Blockchain technology has three challenging issues, scalability, decentralization, and security, to satisfy concurrently and those have to be addressed to open the Web 3.0 era.
Scalability
It is a factor in how much data throughput or the number of data transfers can increase as users or networks grow.
Decentralization
It is a factor that shows the network operates autonomously between nodes rather than a centralized server.
Security
It is a factor that how well data and programs are protected, and how well unauthorized or malicious users are prevented from accessing.
Last updated