Alongside with the atomic swaps, this technology could be the most efficient solution
for the scalability problem that some currencies have.
We are talking about Bitcoin Cash, which is a hard fork of Bitcoin and offers an on - chain solution
for the scalability problem that Bitcoin faces.
So a bunch of developers have been spending a lot of time to create promising solutions
for this scalability problem.
Not exact matches
Bitcoin's slow transaction times have been a constant issue
for the cryptocurrency, one which is linked to its
scalability problem.
For both of those, Uplay I'm confident in, and we've just done two beta tests on PC which were pure technical beta tests to check the
scalability of our servers, to check how we can push different solutions, different patches, to fix little
problems and big
problems, and all of that is to reduce the hassles of a major launch.
Granted, Bitcoin has a
problem with
scalability, which has made it difficult
for the cryptocurrency to perform as a payment instrument.
However, there are a few key challenges and developments coming up
for bitcoin in the months ahead, headlined by attempts to solve the
scalability problem.
The Initial Coin Offering or Token Sale fundraiser
for building out the Cosmos Network — a network of Blockchains to solve some of the biggest
problems facing the Blockchain industry, such as the lack of interoperability, poor performance and
scalability — will start on Thursday, April 6 at 6 am PDT, and will last at most two weeks.
«Even Satoshi Nakamoto, founder of Bitcoin, seems to have simply assumed that advances in hardware and networking would solve the
scalability problem for him.
SegWit solves part of Bitcoin's
scalability problems by removing signature data from transactions, or «segregating» it, allowing
for more transactions to...
SegWit solves part of Bitcoin's
scalability problems by removing signature data from transactions, or «segregating» it, allowing
for more transactions to be fit within a block by freeing up space that was previously occupied by these signatures.
JE: Qtum provides some partial answers to the
scalability problems right now, with more solutions planned
for the future.
Right now, personally I think all DApp Platforms are far away from maturity, even Ethereum and Qtum are facing a few principal
problems: first of all,
scalability, since the decentralization and speed are always a trade - off
for a public Blockchain.
The ECF announcement comes on top of last months news that the Ethereum Foundation would set aside subsidies of up to $ 1m
for open - source teams working on the same
scalability problem.
The fund's first move will be an Infrastructure Grant program, providing permanent financial support
for development tackling the
scalability problem.
Enigma, an off - chain network solving scalable privacy
for blockchains, and Aion, a platform to solve the
problem of interoperability and
scalability for blockchains announced they are working towards a partnership that will help bring data and computational privacy to every blockchain.
For those who don't know, the hard - forked Bitcoin (BCH) is a cryptocurrency which came into existence as a result of a prolonged disagreement on how to handle the Bitcoin Core
scalability problem.
«We have developed high - level designs
for tackling
scalability and privacy that can help us overcome some of the
problems and help in various settings.
Cardano is trying to fix some of the largest
problems the cryptocurrency world which have been causing ongoing issues
for years such as
scalability issues and democratized voting.
However, if it can successfully overcome bitcoin's
scalability problems, there's arguably room
for growth.
The Lightning Network could be one of the possible solutions
for Bitcoin
scalability problem.
The
scalability issues Bitcoin and BitPay have been facing don't seem to be as big a
problem for LitePay, and therein lies their advantage.
The Ethereum co-founder agrees that, as of right now, the
problem of
scalability is an important technical challenge
for blockchain applications which needs to be overcome as soon as possible.
The infrastructure needed to interface between bitcoin and ethereum,
for example, is still in development, and «to make it even worse, these cross-chain platforms also need to solve some of the main
problems other blockchains are trying to solve, such as
scalability,» Castonguay said.