Many think blockchain is a better, faster database. In truth, it’s the opposite. Blockchain is painfully inefficient. It trades speed and scalability for something far more valuable — decentralization. In legacy systems, data flows faster. But power stays centralized. Blockchain’s brilliance is in making trustless participation possible — anyone can verify, anyone can contribute, without permission. It’s slow, yes. But that slowness ensures fairness. It’s the cost of not needing a king. Block...