BLOCKCHAIN SCALABILITY SOLUTIONS

Blockchain scalability is a critical challenge hindering the widespread adoption of decentralized systems. As blockchain networks grow, their ability to handle a high volume of transactions becomes crucial. Scalability refers to a blockchain’s capacity to efficiently process and confirm transactions without compromising speed or increasing costs. Various solutions are being explored to enhance scalability, such as layer 2 solutions like Lightning Network for Bitcoin and sidechains. As the blockchain industry evolves, addressing scalability concerns is vital to ensuring these decentralized networks can support global demand and foster mainstream acceptance.

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