Step 22 highlighted the major limitations of the blockchain and sketched possible approaches to overcome them. This step goes a bit further in analyzing two of the major technical limitations of the blockchain. It explains the root of the major technical limitations of the blockchain and explains how they have been overcome. This step will also explain the emergence of four distinct versions of the blockchain and their differences and discusses the consequences of the emergence of these versions of the blockchain.
The Metaphor
Oftentimes ...
