This is the second article of the series that focuses on the problem of blockchain scalability. In our previous article titled “What does “scalability” really mean in Blockchain?”, we provided a comprehensive review on how the problem had been tackled so far and systematically defined the so-called “scalable blockchains”.
Note that a few years back, the problem of blockchain scalability was all about answering the question “Can we achieve a higher TPS for Bitcoin?”. Its research has resulted in the studies of various problems in the domain of blockchain scalability as we can see today.
This article goes deeper into the discussion of the topic of “Scaling Bitcoin” which is the first section of our last article. It is aimed to show readers why exactly is Bitcoin not scalable and explain the key ideas behind some of the remarkable work that attempted to scale Bitcoin. …
By Zhijie Ren and Peter Zhou
Scalability is one of the most important problems in blockchain and has been the focus of both industry practitioners and academic researchers since Bitcoin was born. This article is the start of a series of articles that focus on blockchain scalability, providing a systematic way to categorize various solutions and analyzing their pros and cons. Our goal is to allow the communities and the general public to have an in-depth view on the current development of this issue. …
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