Blockchain technology is often criticized for being an inefficient database, but this inefficiency is actually a feature rather than a flaw. The decentralization offered by blockchain comes at the cost of efficiency since all transactions must be verified and recorded by multiple nodes on the network. However, users are willing to accept this added complexity and longer transaction times in exchange for greater security, transparency, and autonomy. In a world where trust in institutions continues to erode, blockchain's decentralized nature provides a welcome alternative. #Blockchain #Decentralization #Cryptocurrency

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