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Talk:Ether
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=== Blockchain Systems === # Initial Setup Costs: Implementing a blockchain system can require substantial initial investment in technology development, infrastructure, and expertise. # Network Costs: Operating a blockchain, especially a public one, involves costs related to the computing power and energy required to validate transactions (especially in proof-of-work systems). # Scalability Costs: As transaction volume grows, blockchain networks can become more expensive to scale compared to traditional databases. # Regulatory Uncertainty: The evolving regulatory landscape can introduce costs related to compliance, legal advice, and adapting to new regulations. # Security and Maintenance: While blockchain is secure by design, maintaining this security, especially for large and complex networks, can be costly. # Smart Contract Development and Audit: Developing and auditing smart contracts to automate processes can be expensive due to the need for specialized skills.
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