Web3 as the third generation of social media and like every other new technology comes with its possible challenges. These challenges, however, the hive blockchain is finding ways around them.
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In this post, I'm going to explain these challenges and how #hive is bringing forth solution to it.
Entry Barrier For None Blockchain People
Since web3 technology is a new and advanced technology, most users who are not blockchain-inclined, find it a bit difficult to adapt and get involved. Hereby creating a kind of mass adaption problem. New users will need to take some time to learn how it works.
And this is where #hive comes in. With the onboarding initiative like @newbies-hive hive blockchain newbies onboarding program and the Leofinance how to create a hive account an easy step by step on how to onboard on the hive, through Twitter and Facebook. Through this, It is easier for the masses and newbies to get involved on the hive as a web3 social media.
Extreme Difficult To Regulate
Since the idea behind web3 is that key and account ownership is owned by the users, the Government find it extremely difficult to regulate which is why they have come so hard on blockchain technology and its associated products which are web3 and cryptocurrency.
But with the developments going on in hive and all the kinds of Dapps being built on the chain It is obvious the Government and their regulative agencies are a bit late and lacking behind. Web3 has come to stay and it is just a matter of time before the government will realize and accept this. Since they can't control what they can't have. Users are the owners of web3.
Their tough policy will make the web3 journey and adaptation a bit slow but can not be stopped.
Security Challenges
Since an account created on web3 cannot be censored or deleted by anyone or operators, this can give bad actors an enabling environment to operate without anyone having the ability to delete their account, and yet again hive as a web3 social media blockchain came through in this regard. #hive community members like hive watchers and other hardworking individuals in the community who dedicate their effort and time to fish out the bad eggs and warn the community members about them. This made the issue of security minimal also as long as the hive members can keep their keys safe scammers can be controlled.
With the great advantages that web3 has over web2 social media, the above are just some minor challenges because by the time the greater masses will realize the benefits of web3 they will be more than willing to work around them and get involved.
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We certainly are onto something here with Hive in my opinion.
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We definitely are on a great path.
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Hive is definitely on the right track to becoming the go-to platform for all things crypto, defi, video, blogging, games, etc. It continues to build in a truly decentralized way, meaning it will be outside the control of the legacy systems which are corrupting our world. We just need to keep using and keep building. Eventually the rest of the world will wake up to what is happening here. In the meantime, just keep stacking.
Nice article!
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Keep on stacking is definitely the best and right step right now while waiting for the greater future ahead.
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