Drawbacks of Blockchain

[@chanduchandu8537]

Awesome explanation👍, please make a video what skills required to become a blockchain developer

[@rishabhraj5515]

Best Programming Teacher Ever ... !!

[@sureshrane9771]

Yes

[@nedotraxxxx]

Absolutely!

[@anil2365]

My first series heavily impressed..will join python course of him..

[@philosophyze]

- There is a > 1/3 attack too. Not just 51% - Visa can handle 50,000 t/s peak so it's not just 1,000 t/s - AT&T handles 90,000 t/s for phone transaction data - Consolidation of governance to developers - Consolidation of mining to low cost or subsidized energy sources and cold climates.

[@kknagarsenthil]

Hi Navin, You are amazing. Great about you is explain things clearly. What do you think about blockchain? Will it be worth to learn this technology for future?

[@omparikh4426]

Eth2.0 is estimated to process 100k txn per second

[@sarthak_parashar]

Awesome Explanation 😉😉

[@AnonyMous-xc5ri]

Clear and concise explanations.

[@yaswanthsaireddyyarragonda678]

i think now transactions per second disadvantage is solved by many other altrenative samrt contracts like solana,ADA, POLKADOT . many are following POS also

[@noxious7296]

"Some of them at least" so It is not safe. Thanks For Your Awesome Explanation.

[@izaz0303]

Data transferred in the form of encryption.. then what is the problem of just seeing the encrypted data? Or is it possible to decrypt that data??

[@faisalmomin3110]

Awesome sir

[@yadneshkhode3091]

very informative video awesome!!!!!!!!

[@vishnuvardhan4351]

how did you manage your education when your small.tell some tips sir.

[@sonaliumare344]

post more abt how to code in blockchain n how to become a developer, thanks for such amazing videos

[@bruh-hp3hu]

4:23 but what about ENS domains? We are a google search away from the persons name. Lovely videos Sir!

[@worthyCap17]

I m more concerned about the 5th one. Because "corruption" is a thing, No machine or human can escape for long. If it cannot be thrown off the table, then,after sometime various blockchain scams will rise. World may face the biggest security threat and could collapse. Under the AI or one/group of persons.

[@reshmah1497]

Sir, please post a video of making a dapp in Visual studio without using remix browser.

[@decipherwithzaryab5106]

There's is no point in it Reshma. When you go in the development environment, Remix is what you use mostly.. So its good if you already are working on it. Use Visual Studio only for the front end part

[@deepikasharma16766]

I am your big fan

[@memousama2617]

So is it possible to overcome these issues in Public Blockchain?...

[@philosophyze]

Hashgraph has.

[@budsyremo]

What is this data ? What do we mean by it cannot be mutated ? Is this data mutable by visa ?

[@andydidyouhear]

The old idealism that public, open-source blockchains can solve everything is starting to fade.

[@sayakpramanik5527]

Rich people, industrialists will try to avoid public blockchain due to lack of privacy. Those people do lots of illegal or unauthorised transactions. So they will not want to open it up in front of everyone. Though the address is anonymous, still media, govt can at least track any big amount of transactions. And in any new technologies, only the big industrialists invest. So is the future of public blockchain in danger? * Please correct me I'm wrong somewhere *

[@azyle2104]

You're not wrong

[@EgyGyro]

the new point to me is THE SPEED LIMITATION

[@Manwithcomplexphilosophy]

Sir I have a doubt...As we know that the mathematical puzzle will be solved by miners,So for example if a single miner solves the puzzle by accessing the blockchain database then he gets to know more than 50% of knowledge on blockchain data. So he can single handedly hack it instead of waiting for 51% attack. Is that possible??

[@sharathchandra1580]

No bro, its not easy. You can view the articles how much computational power required to just break a bit coin. Its need a lot of electricity which equal to some small countries requirement if he goes for mining

[@akashkesharwani5761]

as you said companies data will be public everyone can see that but that data will be encrypted so no one can open that data so this is not the drawback, i think............

[@snehashischattopadhyay9519]

exactly my point!

[@doctoronline461]

it is 2022 AND LOT OF PROGRESS THERE ON BLOCKCHAIN

[@snehashischattopadhyay9519]

we have already addressed in previous videos about how we blockchain is secure by using cryptography. So i dont think it really is a disadvantage.

[@irtazaanwar2144]

Only problem is its slow

[@hariprasadreddy108]

What about 51 % attack

[@elbozo5723]

@@hariprasadreddy108 satoshi was well aware of that when he made bitcoin, read the white paper

[@Alchimist_]

Now ether is already improve its speed by shifting to proof of stake

[@ExploringCabinsandMines]

Visa can ban people for political statements can Blockchain ?

[@tarunraghav7093]

Sir, please make a video on online payment.

[@vaibhav.shinde]

Search instamojo it's easy to integrate in website

[@tanishqahuja3861]

Great video. Just loved it. I Could have never thought about these and I would love it if you could explain the 5th point in a separate video more clearly. I don't know why it's so under-rated, videos explaining Bitcoin have millions of views, but the ones explaining Blockchains are left behind. People need to focus on the real deal. Anyways, way to go! 👍🏻👍🏻Thanks.

[@bobhero7]

Sir how do u learn new technologies fast?

[@keffbarn]

By not learning them, this list was retarded. Just do some research and you'll see that all of these issues are really none issues.

[@romarioballoon7319]

Drawback 6: If you wrongfully transfer bitcoin, you cannot return it back, even if the bitcoin went to an address that there is no use of it...

[@saipavanpurella9253]

Same goes with the normal digital transaction I think its common

[@aniketsakpal8004]

Telusko👽❤️

[@harshith_takkala]

Doesnt matter !!. Block chain is awesome!!

[@hi_10svideos86]

Blockchain will no longer stay maybe, according to its drawbacks.

[@aadesh3261]

visa is hiring bitcoin programers.

[@aadesh3261]

@Labhesh Haria why??

[@priya-rq9kk]

yeah! humanity is dominant everywhere...u cannot supersede or work without humans and humans may err...

[@prabhatupadhyay4374]

Sir aap please python program ko debug bhi kiya Karo jisss hum easily samajh sake ki problem kaise execute hota hai

[@sahilGupta217]

Is the Blockchain somehow related to working of GIT?

[@salesforce9386]

No

[@elbozo5723]

don’t know why 1 is a problem, 2 has been solved by many crypto currencies other than bitcoin, 4 is only a problem if you’re a cyber criminal, in which case monero is the answer, 5 is almost impossible to achieve, and you didn’t even mention transaction fees. this is what happens when youtube removes dislikes…

[@Willo_911]

You need to improve your explanation of point 4 (security /privacy).

[@whatsappupdate8406]

👍

[@efthimismallios614]

This guy named the video ''drawbacks of blockchain'' To me it sounds more like ''drawbacks of Bitcoin'' Can't put the whole blockchain technology under the same conditions with just Bitcoin

[@naveenasv9435]

Ans:Ehereum 2.0

[@aadesh3261]

you need to do more research on blockchain.your points are invalid.

[@fazaljarral2792]

how?

[@aadesh3261]

@@fazaljarral2792 What how?

[@fazaljarral2792]

@@aadesh3261 interested to know , how are these points invalid?

[@aadesh3261]

@@fazaljarral2792 Google it

[@talesara74]

The blockchain has been completely over hyped. This is a marvelous technology, and one worth using for some very important applications, but it simply doesn't have the potential to change the world, nor can it be used universally across industries.

[@rosh9318]

but its so trustable and morely secure service and can u explain your comment more ?

[@sharathchandra1580]

Bro every technology is hyped just for money, coaching.

[@Mezha07]

@@rosh9318 he's saying that it's being over valued and i agree to some level but at the same time i won't disregard what blockchain can do it's just i noticed majority of people who uses this uses it to avoid tax and commit fraud to a degree and that's why i don't like hoe it's being abused right now if people want digital currency, nft's and blockchain to be accepted then they should be subjected to certain laws, and regulations because so far it's not being used the way the maker intended it to be used which is sad

[@rosh9318]

@@Mezha07 that's point but economy is also pushing up and also the poor can afford at low rates and can also gain some money through crypto and comming to nft they are different categorie

[@offline5756]

you praticularly takking about what block chain 2 year's ago video now blockchain 5 is present

[@iulianserban10]

your understanding of bitcoin is below sea level :))))))))))

[@decipherwithzaryab5106]

M sorry but all of your points do have some cons within themselves. Moreover, you talked about the complexity of solving puzzle is a waste of time. But that's proof of work. What about Proof of Stake sir?? POS completely modifies this drawback. So don't post misguiding content. Research First.

[@keffbarn]

1. Most technologies are complex, especially when it comes to finance... Why even have it on the list? People using block chain (bitcoin for example), do not need to know the underlying theory on how it works to use it. 4. Security and transparency are the main benefits of block chains and the reason of why it was invented... If you want to have privacy, go via a private block chain or make a deal with a bank. 5. Do i even need to comment on this... Same can be said about anything, if a bank has it's staff compromised by more then half of the people, then it's pretty much lost... Right? The like to dislike ration on this video makes me loose faith in humanity.