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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Unlike Bitcoin and Ethereum, which have transparent blockchains, Monero uses cryptography to shield sending and receiving addresses, as well as transacted amounts. Every Monero transaction, by default, obfuscates sending and receiving addresses as well as transacted amounts. Monero is fungible. This means Monero will always be accepted without the risk of censorship. Monero is not a corporation. It is developed by cryptography and distributed systems experts from all over the world that donate their time or are funded by community donations. This means that Monero can't be shut down by any one country and is not constrained by any particular legal jurisdiction.
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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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