Insufficient Infrastructure

With the increasing popularity of blockchain technology, there is a growing demand for computational power and energy consumption, putting tremendous pressure on the infrastructure. Experts have issued dire warnings that the industry may not be able to sustain its current rate of development due to these limited resources.

To overcome this challenge, the blockchain sector needs to focus on creating more energy-efficient technology. This requires collaboration among various industry players and a significant investment in research and development. Blockchain companies must also identify ways to optimize their current infrastructure to save energy and improve efficiency. By addressing these issues, the industry can ensure the sustainability of its growth and pave the way for a brighter future.