Blockchain technology is an ever-evolving field and many efforts are underway to overcome the current limitations of this technology.
One of the main current limitations of blockchain technology is its slowness. Indeed, transactions on blockchains can be slow and expensive, which can limit their adoption in some applications. To overcome this limitation, many developers are working on solutions to speed up transactions on blockchain, such as using faster consensus technologies or sharding technologies to split the chain into multiple segments that are managed in parallel.
Another current limitation of blockchain technology is its scalability. Blockchains are typically designed to handle a limited number of transactions per second, which can limit their ability to support a large number of concurrent users. To overcome this limitation, many blockchain projects use scalability techniques such as sidechains or tree-based validation networks to increase transaction processing capacity.
Finally, another current limitation of blockchain technology is its complexity. Blockchain technology is a complex field that can be difficult for newcomers to understand. To overcome this limitation, many blockchain projects are implementing education and awareness programs to help people better understand the technology.
In sum, although blockchain technology still has some limitations, many efforts are underway to overcome these limitations. With the constant innovation in this field, it is likely that the current limitations of blockchain technology will be overcome in the near future.