Blockchain-Based On-Chain Solutions: An Overview

Written by noprofile | Published 2020/05/24
Tech Story Tags: blockchain | decentralization | decentralized | blockchain-technology | blockchain-application | on-chain-transaction | latest-tech-stories | blockchain-adoption

TLDR Blockchains have come a long way since the creation of Bitcoin. As new chains were developed, some experts thought it would be better to start taking some of the stress off of chains by creating hybrid blockchain environments. This led to the argument between on-chain and off-chain solutions, which are trying to reduce costs and increase privacy. ILCoin might be the only project who has solved the network’s limitation problem. The solution? On-chain basis. Now, storing files, videos, images and other big amounts of data is possible due to overcoming FIFO and bottleneck.via the TL;DR App

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Written by noprofile | This profile doesn't exist.
Published by HackerNoon on 2020/05/24