Is Ethereum preventing blockchain adoption?

Is Ethereum preventing blockchain adoption?

Assessment

Interactive Video

Created by

Quizizz Content

Business

University

Hard

The video explores why blockchain technology hasn't achieved mainstream adoption, despite its potential. It discusses the need for a successful app or service, like Facebook or Amazon, to drive adoption. Promising projects like Ethereum, Augur, and the Lightning Network are examined, highlighting their challenges. Key issues include technical difficulties, scalability, and regulatory compliance. The video speculates on future breakthroughs, suggesting that a service requiring no monetary input could drive mass adoption.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main roadblocks to the mainstream adoption of Blockchain Technology?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the concept of mainstream success relate to Blockchain applications?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the promising projects mentioned that aim to leverage DLT?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Auger face in achieving mainstream success?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Lightning Network in the context of Bitcoin?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of regulatory compliance for Blockchain Technology?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways could a service similar to Instagram or YouTube drive mass adoption of Blockchain?

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