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Update 1_0_Introducing_Bitcoin.md
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@ -91,7 +91,7 @@ One way to think of blockchain is: _a linked series of blocks of non-changeable
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Blockchain has becomea popular buzz-word, but it's not a magic bullet for all technical problems. With that said, blockchains do have some very specific situations where it's a superior technology.
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This includes when:
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Blockchains probably _will_ be helpful if:
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* Users don't trust each other.
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* Or: Users are across various borders.
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@ -103,3 +103,15 @@ This includes when:
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* Users want fast transaction finality.
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* But: Users don't need instant transaction finality.
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Blockchains probably _will not_ be helpful if:
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* Users are trusted:
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* If: transactions occur within a business or organization.
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* If: transactions are overseen by a central authority.
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* Secrecy is required:
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* If: Information should be secret.
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* If: Transactions should be secret.
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* If: Transactors should be secret.
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* Users need instant transaction finality, in less than an hour.
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Do note that there may still be solutions for some of these situations within the Bitcoin ecosystem. For example, payment channels are rapidly addresses questions of liquidity and payment finality.
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