Blockchain Scalability Even If Most Transactions Are in Layer II We Still Need a Layer I

Blockchain Scalability: Even If Most Transactions Are in Layer II We Still Need a Layer I

Space is filling up at Master Workshop: Layer I, where 20+ of the world’s foremost experts on blockchain will present and lead discussions around solutions to the technology’s scalability problem. Don’t forget to register today for free!

The most pressing obstacle to blockchain’s march to mass-adoption is its scalability, or current lack thereof. For blockchain to be genuinely useful, it has to cater to the population at scale and provide a fast, functional alternative to traditional transfers. So, when you consider that Bitcoin currently averages around 7 transactions per second (tps) to VISA’s 2000 or PayPal’s 200, the scope for improvement necessary becomes clear.

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