Blockchain technology is gaining traction but so are the challenges that it faces. To begin with, the technology is facing a big challenge with endpoint vulnerabilities. In as much as the technology is secure, it is used through endpoints that do not enjoy the same level of security. For instance, a user could be using cryptocurrencies but on devices that are already infected with malware. Even though this is not a security flaw in Blockchain technology, it is a serious challenge that should be addressed. The network should come up with ways to secure endpoints in the future.
Another challenge with Blockchain technology is uncertainty. Blockchain technology has held up well so far but its implementation is only starting. The technology relies on a peer to peer network and this means that the more its implementation grows, the more the pressure...