As a technology that is still relatively new and not yet known to the wider community, blockchain technology offers an efficient method for solving one of the problems being faced by the community.
Broadly speaking, blockchain technology offers a digital and decentralized data collection (database) technology. Through this technology, blockchain promises a database that is transparent and cannot be manipulated by any party.
Today there are many entities that have looked at this technology and are trying to study it more deeply, this is instantaneous because these entities want to implement blockchain technology in their business industry.
Besides having advantages and benefits, blockchain technology also has weaknesses.
Of course, to be bold enough to apply this fairly complex technology to an industry, we must know in advance the strengths and weaknesses of that technology. Here are the strengths and weaknesses of blockchain technology in broad outline you need to know:
The weakness of blockchain technology
Less Efficient — Confirmation of block data that occurs on the blockchain network requires agreement from the parties on the blockchain network, so of course it takes longer than the presence of the main authority. If there is a major authority it might only require seconds, but the blockchain network takes 1 minute, 10 minutes, or even days, depending on the speed and capacity of the network.
Difficult to regulate — The decentralized nature of making the parties in the blockchain network spread in different parts of the world and of course different parties. Due to this, if the network requires an update or technological development, then the renewal cannot occur as a whole, depending on whether or not the parties wish to renew, this is related to the soft fork and hard fork of a blockchain network.
As a technology introduced in 2009 by bitcoin, of course blockchain is still classified as a new technology and has several shortcomings. This technology still requires many developments to be adapted perfectly in various industrial sectors that exist today. But if it can be put to good use, then this technology can be an important breakthrough in the history of human technology.
Crypto Mining provides its users with an effortless cryptocurrency mining experience by operating state-of-the-art mining devices by experts in sheltered facilities. It differs from its competitors with its international operative capacity, numerous patents and research, the contribution of respected managers and experienced team, user-oriented thinking structure and investments in technology. With these features, it can offer the most affordable prices in the market without requiring additional commissions or additional fees.
Crypto Mining is the simplest and most profitable cloud mining solution on the market. It presents mining as an experience with its new generation interfaces, transparent mining approach and customer-oriented thinking style. Let us show you why our clients come back to us time and again.
· Daily Return Distribution
Coins earned are reflected in the wallet of the user at the end of each day. Follow what is earned and securely store the fund.
· Superior Mining Technology
We supply the best and latest hardware for different coin algorithms, achieving maximum power with the best technology.
· Multi-Algorithm & Coins
The platform supports many algorithms and coin types. The users are aimed to have plenty of options to choose from.
· Hash Power Allocation
You can distribute the hash power you bought among multiple coins and create a portfolio for your investment.
· Maximum Security
High level of protection is provided against hacking and manipulation while only the mandatory information is asked.
· No Fees & No Additional Cost
Users have the exclusive mining opportunity and ability to use all the platform features without paying any additional commission.
· User-Friendly Interface
Mining information, platform wallet, return calculator, reports, and charts. Simple as it is with minimum effort and time.
· 7/24 Customer Support
With great hash power comes great responsibility. Crypto Mining team is always on your side to make technology accessible and simple.
· Create An Account.
Be a part of the family we care and be a partner of our investments. Start using platform features immediately with ease.
· Choose Coins To Mine.
Choose mining algorithm and available coins and start investing. Feel free to distribute your hash powe on plenty of coins.
· Accumulate Daily Return.
Platform allocates return on daily base creating the best cloud service yet. Platform wallet will display ROI with complete transparency.