Blockchain and its well-publicized shortcomings go a long way back to 2009 when it was first built for the pioneer cryptocurrency; Bitcoin. The scalability issues currently plaguing the technology is as a result of nodes in the blockchain system performing at less than optimal speed, leading to clogs in the system and transactional congestion.
Blockchain technology adoption is gaining global traction, revolutionizing many aspects of economics. The distributed public ledger is used for refining and upgrading financial systems including the elimination of third parties such as banks and other financial institutions. But the technology is hampered by its limitations.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/skycoin-presents-b ... lockchain/
