Aug 31, 2018 · 1 min read
And who claimed that this technology is new? In fact, Bitcoin for instance, was never the first digital currency. There were many attempts in the past that didn't have the right momentum and conditions to survive.
What the majority of this “renewed” industry believers say, is that the full dynamics of its new adoption, new business cases, new needs and how the full echo-system is currently working and will continue to collaborate, are the fuel for it to be very soon the game changer.
With respect to the argument that Blockchains are not efficient. Then, this is debatable and there are newer versions and protocols that use different consensus algorithms (e.g Proof of Stake).
