If you have followed this book thoroughly so far, you should have a pretty good understanding of what blockchain technology is, how it works, and its applications and use cases. Perhaps you are excited about the disruptive potential of this new technology with all its incredible advantages. Ready for this brave new decentralized blockchain world? Well, not so fast, we are not quite there yet. There are some critical issues that need to be resolved first. In this chapter, we will be addressing those issues and finding potential solutions to them.
We will cover the following topics in this chapter:
- Issues faced by blockchain
- Solutions for scalability issues
- On-chain solutions
- Off-chain solutions
- Solutions to other challenges
- Next generation blockchain projects
- The exciting world of blockchain