RT @Rieke: "As they begin to be used as legal documents, teams of technology-savvy lawyers will be needed to sort through the intricacies of how blockchains fit into traditional contract law." https://t.co/UWLmIavj1C
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This is the best tl;dr I could make, original reduced by 95%. (I'm a bot)
Heap, a musician who has worked with stars including Ariana Grande and Taylor Swift, is one of a growing number of blockchain innovators who are attempting to push the boundaries in terms of how this still-emerging technology might be used.
Blockchain developers are now experiencing fierce demand and can expect to earn up to $158,000 in the US. But blockchain faces problems too.
Currently blockchain transactions require huge amounts of computing power and energy while the networks that underpin blockchains can only perform a limited number of transactions in a day.
And I suspect we never will be without a regulatory body actively working to keep the price of the crypto in question stable.
Until then this is just a fancy commodity that wastes too much electricity to do the thing that money does better.