Scalability – Intermediate Crypto Knowledge Guide
Blockchain scalability could be an indicator for a project’s future growth. So, how much do you know about its importance and challenges?
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Multiversx is a distributed transactional computation protocol which relies on a sharded state architecture and a secure Proof of Stake consensus mechanism. While most other blockchain networks require custom hardware and high energy consumption, Multiversx runs on average computers. By employing sharding, a method of parallelizing data & transactions processing, Multiversx performance will scale up with the number of computers joining the network, reaching more than 100,000 transactions per second while growing increasingly decentralized.
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Blockchain scalability could be an indicator for a project’s future growth. So, how much do you know about its importance and challenges?
Smart contracts are the core of blockchain. Meanwhile, decentralized applications empower users on blockchain. Learn it all at MEXC blog now!
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