Ethereum vs. Everything Else: The Layer Wars

Written by kadeemclarke | Published 2022/01/13
Tech Story Tags: blockchain | cryptocurrency | ethereum | layer2 | research | ethereum-2.0 | sharding | scaling

TLDRBitcoin and Ethereum are great for the banking and finance industries, but scalability is still challenging. There are three solutions; build a competitive network that competes with Bitcoin and create a sidechain that is complementary to Bitcoin. The aim of the aim is to increase the number of transactions handled per second while maintaining decentralization while maintaining security and security. The Bitcoin network can only handle seven transactions per second, while. The demand for. the. demand for the. Bitcoin network is far beyond 15 transactions per. second.via the TL;DR App

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Written by kadeemclarke | Head of Labs @ Momentum 6 | Tech Entrepreneur | Blockchain Investor | Car Enthusiast | Ask me about crypto and NFTs
Published by HackerNoon on 2022/01/13