OEL builds a Blockchain with a Targeted Solution
Published in
1 min readSep 3, 2018
Many developers have recognized the potential in blockchain technology and even more have seen the potential value smart contracts can offer to a number of industries. As the first blockchain 2.0, Ethereum has been the main platform for dApp development.
Ethereum’s provision of smart contracts has led thousands of developers to utilize it for the development of advanced applications. However, it has recently become clear that Ethereum’s transactional throughput is not sufficient to sustain the network demand the growing volume of dApps demand. As a result, transactions take time and, in times of heavy usage, become extremely expensive.
