The post Ethereum's
Scalability Concerns Buoy Alternative Platforms appeared first on Bitcoinist.com.
The recent popularity of virtual game CryptoKitties emphasized Ethereum's
scalability concerns.
Supply - side
scalability concerns the ability of a business to use capital, labor and resources more efficiently as the business grows.
Not exact matches
He acknowledged that «
scalability» is an ongoing
concern for all blockchains, but he's also not too worried that an inundation of mobile players is going to totally overwhelm the Ethereum network.
This
scalability issue was brought to the forefront of
concerns about Bitcoin's infighting last night when a surge in the number of bitcoin transactions, themselves having no space to fit into within the blockchain network, caused over 100,000 transactions to be stalled.
However, while AAE members are willing to embrace innovation they have
concerns about
scalability and access.
Some entities set out in detail the perceived benefits of cloud computing specific to the organization that is driving the adoption of cloud services (i.e., flexibility, reduced costs,
scalability) and then identify potential
concerns / considerations relating to such adoption (i.e., data security, the classification of data and the suitability / appropriateness of cloud services to each classification; a desire to prevent the unauthorized adoption of cloud services by unauthorized employees, etc.).
Issues of Ethereum - based decentralized applications (DApps) and the rising fees on Ethereum led the community and supporters of Ethereum to express their
concerns over the platform's
scalability.
BCH was created because, since the launch of Bitcoin, there has been ongoing
concern from members about its
scalability.
As far as on - chain
scalability is
concerned, the development team says
As far as on - chain
scalability is
concerned, the development team says research is underway to allow massive future increases.
The increasing popularity of bitcoin as a digital currency has made
scalability a «primary and urgent
concern» for the bitcoin network, the authors say, touching upon a topic that has been hotly debated for months in the bitcoin space.
Prior to the activation of the Segregated Witness soft fork in August 2017, there were
concerns about the
scalability and malleability of Bitcoin due to the size limit of the blocks and a potential manipulation of the transaction ID.
Both criticisms have led to
concerns about its blockchain's eventual
scalability.
In his writing, Buterin identified the
scalability of the Ethereum platform as a primary
concern, though one that is being worked on by all innovators in the ecosystem.
Despite potential negative factors such as
scalability issues and regulatory
concerns, the current optimism sweeping the Bitcoin space is bigger than ever.
Every crypto enthusiast is
concerned with the
scalability problem; every crypto professional has an aversion to the fact that the market might crash because of it.
At its early stages, the Ethereum network performed significantly better than bitcoin in what
concerns scalability and functionality.
Blockchain technology doesn't just power the world's cryptocurrencies — it could potentially unleash the
scalability of the IoT by addressing key security
concerns — and