©  Daniel Drescher 2017

Daniel Drescher, Blockchain Basics, 10.1007/978-1-4842-2604-9_22

22. Seeing the Limitations

Even a perfect machine has limitations

Daniel Drescher

(1)Frankfurt am Main, Germany

Step 21 brought all the pieces together and yielded an overview of the blockchain as a whole, highlighting the interdependency of its underlying technical concepts. As a result, we concluded that the blockchain is a complex and highly sophisticated technical construct. One can state without exaggeration that it is the masterpiece of an ingenious mind. However, the blockchain is neither perfect nor free of limitations. Hence, this step highlights and explains major limitations of the blockchain and why these limitations cause significant hurdles for ...

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