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The advent of blockchain technology brought many benefits in many different industries, providing greater security in trustless systems. However, its decentralized nature also brings some downsides.
Advantages of blockchain: better security, efficiency, traceability, greater transparency.
Disadvantages of blockchain: 51% Attacks, Data modification, Storage.
Advantages of blockchain: better security, efficiency, traceability, greater transparency.
Disadvantages of blockchain: 51% Attacks, Data modification, Storage.