Tag: Blockchains Everest: Scaling

The promise of blockchain technology to revolutionize industries from finance to supply chain management hinges on its ability to scale. While the core blockchain architecture offers security and transparency, its initial designs often struggle to handle the transaction volumes required for mainstream adoption. Blockchain scaling is the critical challenge of increasing a blockchain's throughput and efficiency without sacrificing its core tenets: decentralization, security, and transparency. Let's dive into the intricacies of scaling blockchains and the various solutions being explored. The Blockchain Scaling Problem: A Bottleneck to Adoption Transaction Throughput Limitations Traditional blockchains like Bitcoin and Ethereum have inherent limitations in the number of transactions they can ...