1. Blockchain technology has developed rapidly since 2008 with the emergence of Bitcoin. It is now being applied in various fields beyond cryptocurrency such as education and social media.
2. There are ongoing discussions around developing new consensus mechanisms to improve scalability and efficiency compared to the original Proof-of-Work mechanism used in Bitcoin. Proof-of-Stake and other alternatives are being explored.
3. As blockchain technology continues to evolve, it has the potential to transform industries and create new business models through decentralized applications, initial coin offerings, and new platforms that facilitate interaction between users, content, and advertisers in a distributed manner.