Can a blockchain be secure, scalable and decentralized at the same time?
Blockchain scalability is about increasing transaction throughput and reducing costs.
To scale, platforms use various methods:
✅ Layer 1 (L1) solutions
✅ Layer 2 (L2) solutions
✅ Sharding
✅ Sidechains
L1 solutions like #Ethereum $ETH improve the base layer protocol.
L2 solutions like @PolygonAnnouncements $MATIC and Bitcoin’s Lightning Network build atop existing blockchains.
Sharding splits the network into smaller units for better efficiency.
Sidechains are separate blockchains that run parallel to the main chain.
Blockchain scalability is about increasing transaction throughput and reducing costs.
To scale, platforms use various methods:
✅ Layer 1 (L1) solutions
✅ Layer 2 (L2) solutions
✅ Sharding
✅ Sidechains
L1 solutions like #Ethereum $ETH improve the base layer protocol.
L2 solutions like @PolygonAnnouncements $MATIC and Bitcoin’s Lightning Network build atop existing blockchains.
Sharding splits the network into smaller units for better efficiency.
Sidechains are separate blockchains that run parallel to the main chain.