Journal Entry: Shane Andrew Smith-01/03/2025-Lesson 31: Altcoin Recap

Journal Entry

Critical Thinking Response:

  1. It takes evolving technology and constant updates to achieve scalability, security, and decentralization.
  2. I believe crypto companies should use AI and constant updating of software, while working with regulators, consumers, and trade groups to have a solution for fighting the bad actors who try and use crypto.
  3. The biggest challenge to continuing improvements and usage of blockchain and crypto technology is finding substainable, environment friendly energy to power the data centers and operations. They should all get together and contribute to companies to produce nuclear, solar, and wind energy to power all their operations.

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