Blockchain Scalability Solutions for Crypto Platforms
Blockchain Scalability Solutions for Crypto Platforms Pain Points in Blockchain Scalability The rapid growth of decentralized applications (dApps) and non-fungible tokens (NFTs) has exposed critical limitations in blockchain networks. A 2023 Chainalysis report revealed that transaction throughput on major Layer 1 chains averages just 15-30 TPS (transactions per second), while centralized systems handle 24,000+ TPS….