Forbes News Advisor: Bitcoin’s design flaws constrain its development prospects

Forbes News Advisor Saeed Elnaj said that the design flaws of the Bitcoin blockchain will limit its future development prospects. It also exemplifies several issues that currently exist in bitcoin and bitcoin blockchains.
First, the bitcoin blockchain consumes more energy than Ethereum;
Second, Bitcoin blockchain can only handle 7 transactions per second, while Ethereum is 20;
Once again, Bitcoin’s output mechanism will quickly make its production cost exceed its own value. In the future, it may lose a lot of calculation power due to high blockchain operating costs;
Finally, bitcoin prices fluctuate drastically, and decentralized digital currency trading scenarios are hard to come by, and they cannot adapt to the needs of high-frequency trading.
But he also believes that Bitcoin will inspire people’s interest in decentralization.

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