Block Chain - Scalability
Scalability – The capability of a blockchain network to handle a growing number of transactions efficiently without slowing down or becoming too costly.
Key Points:
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Transaction Throughput – A scalable blockchain can process more transactions per second (TPS).
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Network Performance – High scalability ensures low delays and reasonable fees even as usage grows.
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Challenges – Many blockchains face trade-offs between scalability, security, and decentralization (known as the Blockchain Trilemma).
A simple analogy: Scalability is like widening a road—the more lanes you add, the more cars (transactions) can pass through smoothly.