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.
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.
There are only 3 ways to Increase Scalability.
1. Bigger Blocksize , so more transactions can be included per block
2. Faster Blockspeed, so more blocks occur in the same time frame , increasing the transactions
3. Compression, Compressing the Transactions so more transaction can be included per block
LN does nothing to improve ONCHAIN transactions capacity , it merely say BTC is incapable of onchain capacity improvement so here use this offchain network.
LN=Banking 2.0