Hello guys,
I have just one question. I am collecting some information about Bitcoin Scalability for my school work. 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 ?
Thank you.
The only ways to increase ONCHAIN Scaling for a single blockchain.
1. Increase BlockSize
2. Faster BlockSpeed
3. Compressing More Transactions into a given blocksize
Lightning Network does neither of those,
what Lightning network does is offloading, basically using a 3rd party network instead of the original network for transactions.
It does not increase onchain capacity at all.
Gift Cards do a better job of offloading than Lightning does.
Comparison of Offchain Solutions for Crypto Coinshttps://bitcointalk.org/index.php?topic=5124663.0