Blockchains Bottleneck: Zero-Knowledge Proofs To The Rescue
Blockchain Technology holds immense promise, revolutionizing industries from finance to supply chain management. However, one critical challenge stands in the way of its widespread adoption: scalability. The ability to handle a growing number of transactions quickly and efficiently is crucial for any blockchain network aiming to become a mainstream technology. This blog post dives deep into the world of blockchain scaling solutions, exploring various approaches and their implications for the future of decentralized systems.
Understanding the Blockchain Scaling Problem
The Bottleneck: Transaction Throughput
The fundamental issue with blockchain scalability lies in its distributed and consensus-driven nature. Each transaction needs to be verified and added to the blockchain by multiple nodes...
