Blockchain Scaling: Proof Merging Opens Throughput Floodgates
Blockchain Technology, while revolutionary, faces a significant hurdle: scalability. The ability to process transactions quickly and efficiently is crucial for widespread adoption, and this is where blockchain scaling solutions come into play. Overcoming these limitations will unlock the true potential of blockchain, paving the way for its integration into various industries and everyday applications. This article delves into the intricacies of blockchain scaling, exploring different approaches and their implications.
Understanding the Blockchain Scalability Problem
Transaction Throughput Limitations
One of the main challenges blockchain faces is its limited transaction throughput. Traditional blockchains like Bitcoin and Ethereum can process only a limited number of transactions per secon...