Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Bitcoin Scalability
by
figmentofmyass
on 15/12/2019, 22:25:05 UTC
⭐ Merited by Carlton Banks (1)
Can please someboy write me all methods which are considered as Bitcoin scalability solutions ? when I try to google it everything what I found is:
- Hard Fork - change block size
- Lightning Network
- Sharding

Is there any other methods which might solve the bitcoin scalability problem ?

increasing block size doesn't improve scalability. it just linearly increases transaction throughput while also linearly increasing bandwidth, latency, and storage costs.

like the lightning network, sidechains/drivechains intend to scale the bitcoin network by sending transactions off-chain onto separate protocols which interact with bitcoin.

physical bearer instruments are another possible solution for scalability. "bitcoin sticks" can be passed around like cash, removing the need for on-chain transactions at all.