Most blockchain advocates haven't even used Bitcoin

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Opinion: Why do crypto advocates overlook the Bitcoin blockchain? Reporter JoeNakamoto investigated at the European Blockchain Convention.

) popularised the term blockchain. Blockchains, or “decentralized and distributed digital ledgers used to record transactions across a network of computers,” have been around for over thirty years, the household name for a blockchain is Bitcoin.

It’s to be expected, then, that most blockchain advocates would have used, understood or a the very least experimented with Bitcoin.Speaking with Victoria Gago, co-founder of the European Blockchain Conference. Source: José Val BalI asked the audience for a show of hands. I inquired of the circa 250 blockchain believers sitting in front of me:Maybe 20 audience hands shot up. “Okay. Keep your hand up if you’ve used Bitcoin’s Lightning Network,” I said.

Why is that? Why is it that so few people have touched arguably the only blockchain that solves what is known as the “scalability trilemma;” that of decentralization, security and scalability?

 

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