Bitcoin might be the most popular crypto coin in the world, but its blockchain has more than once angered its users. Not only that, many people are disappointed by its lack of innovation and up-gradation of the past few months.
It has been known to be prone to crashes and also left many people in lieu of trade due to slow trading speed. However, the people involved directly with the blockchain believe that Bitcoin’s block space is scarce and as the number of users increases, it becomes even more secure.
As the network becomes bigger, there will be more demand for block space and block subsidy will need to be reduced eventually. The bull runs might be in favor of the people that would like to believe that the security is lax, but the engineers disagree.
Organic security will have a better tradeoff in the long run as it makes the blockchain much more secure in the long run. The transaction becomes easier and faster as time passes. Even Bitcoin is getting faster with its upgrades and is on its way to becoming a great blockchain.
If you have been trying to get into the crypto market, right now is the best time to do so. Not only can you get into NFTs, but you can get a better understanding of the Defi system too. The world has been accepting crypto more and more and it will be in your best interest.
If you wait for longer, then the crypto market might not be in reach for you.
