In the year 2008, Bitcoin was created. There has been no serious harm to the Bitcoin network since then. The internet has shown to be a dependable resource for almost 30 years. It’s a track record that speaks well for blockchain technology’s future development.
In the same way that the internet has built-in reliability, so does blockchain technology. Because it contains blocks of information that are similar across its network, the blockchain cannot be administered by a single person. In the blockchain, there should be no single point of failure.