This guide on blockchain scalability solutions provides an overview to the many crypto scaling solutions in the community. Blockchain technology has the potential to disrupt and improve many industries and traditionally centralized systems. However, before it can become a real, viable alternative to its centralized counterparts, blockchains must be able to scale and process transactions…
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Guide to Blockchain Scalability: Bitcoin Scalability Problem and Effects
This guide takes a look at blockchain scalability, with a focal point of understanding its importance through highlighting Bitcoin scalability ptoblem and its effects. Bitcoin is often seen as ‘too slow’ and ‘too expensive’. When the network is congested, a bitcoin transaction might need an average of more than one hour for it to be processed….