Towards Scalability Trade-off and Security Issues in State-of-the-art Blockchain

Abstract

Blockchain is the latest technology developed in recent years for storing and sharing valuable information about transactions. This technology applies different methods for storing information that is unlike other existing traditional ways. Blockchain technology is an excellent example of maintaining privacy and security (in terms of immutability). As it does not need any control of central unit, it has tremendous impacts on many organizations involving from business to education and finance. This technology has a lot of attractive features that make it very popular from day to day in the domain of technology. But then also we have to pertain to the scalability and security challenges in this technology for more honorable and reliable in state-of-the-art Blockchain technology.