accomplishing

The Solution to Scalability

The narrative which pervaded much of the last bull run centered around scalability issues as both Ethereum and Bitcoin experienced congestion as their popularity increased. The main problems were the speed and cost of transactions. Without addressing scalability, the concept of mass adoption was dead in the water for cryptocurrency. Solutions such as the development of the Lightning Network for Bitcoin helped its rollout as legal tender in El Salvador. For Ethereum, it was a combination of roll-ups, sidechains, and sharding that helped to maintain its growth. Whereas Bitcoin’s surge