Andreev went on to compare Confidential Assets with other blockchain networks like zcash and monero that are leading the push towards privacy, ultimately citing
scalability issues with zcash in certain enterprise instances.
Not exact matches
«One of the biggest
issues with growing a company and achieving success is
scalability.
Austin: Just the coordination, particularly
with a new emerging technology, so I think as the technology continues to improve, kind of fixing some of the
scalability or privacy
issues, what have you, that will help
with this coordination problem, but that has been a hurdle so far.
ARTIS combines the advantages of its infrastructure such as the Proof of Stake consensus algorithm,
with novel proposals in the blockchain space such as Plasma, Raiden and Sharding to solve for the two biggest
issues that blockchain faces right now: sustainability and
scalability.
At some point, every entrepreneur will have to grapple
with the
issue of
scalability, or the ability to grow and expand while keeping costs at a manageable level.
He proceeded to censure cryptocurrencies, arguing that digital coins are not a store of value, and face
scalability issues in comparison
with centrally intermediated payment systems.
Clean code and
scalability are also major
issues with software.
The brand's first zero - emission vehicle marks a bold approach, and the learning curve ahead is steep,
with issues such as
scalability, battery life, charge time, performance characteristics, cooling, and packaging to be resolved.
«The fact that exchanges are still struggling
with scalability issues after years of development and investments into their infrastructure is a clear indication that the demand for cryptocurrencies is increasing exponentially, unexpectedly so for everyone.
Hopefully this
issue with scalability can slow down soon, and the networks can begin to speed up.
The Lightning Network may well be Bitcoin's primary solution to the
issue of
scalability, but many skeptics believe there are unresolved
issues with this layer - 2 system for the blockchain.
State channels aim to address the
scalability issues, privacy
issues and confirmation delays associated
with public blockchains while allowing actors who don't necessarily trust each other to transact.
The Lightning Network has been heralded as a solution to Bitcoin's
scalability issues, and the developments were greeted by the community
with tremendous optimism.
By design, IOTA's underlying Tangle technology addresses the
scalability issue; using a Directed Acrylic Graph network to achieve instant transactions at no cost,
with unlimited
scalability.
The project is the evolution of JP Morgan's Juno project and solves the pressing
issue of
scalability with its Chainweb parallel architecture protocol, a scalable BFT consensus mechanism.
Although it has
scalability issues, as all blockchains have, and has suffered from numerous attacks, it is still the second-most used and trusted crypto platform
with a decent amount of global network of developers working on the protocol.
Yes, the network has been coping
with scalability issues, however, this indicates an increase in the usage of Bitcoin's blockchain.
During an interview
with TechCrunch, Buterin emphasized that although the cryptocurrency market has demonstrated an exponential increase in users and valuation, the practical usability of blockchains have regressed to the rising transaction fees and
scalability issues.
The enterprise is aiming to solve cryptocurrency
issues of speed and
scalability through the «world's first 3D Chain», coupled
with quantum security, according to the company's statement.
But
with scalability emerging as a pressing
issue across the industry, developers of other cryptocurrencies aren't letting the once - novel idea go to waste.
While industry leaders in the Bitcoin economy continue to work
with Segregated Witness (SegWit) upgrades to the Bitcoin network, Estonian - based Coingaming Group is already miles ahead in embracing Bitcoin's in - development solution to its ongoing
scalability issues: Lightning Network.
Just like any other cryptocurrency, ETC has
issues with scalability.
Even though this would have hugely helped
with Bitcoins
scalability issues by doubling the block capacity on the new chain, the project was unceremoniously cancelled in November, citing «lack of consensus» as the main reason.
However, Ælf says
with Blockchain, it's currently not possible to provide all of these solutions due to a number of
issues, including: Block Inflation, Dilemma of Protocol, transaction rate,
scalability and more.
Ethereum's myriad potential use cases in the real world make it a project many are watching
with great interest, and the battle to solve
scalability issues to improve transaction speeds and lower fees will be crucial.
Note: If you aren't completely familiar
with the subject of
scalability or how the Lightning Network works, we recommend that you read How the Lightning Network Can Resolve Bitcoin's Scaling
Issues before moving on
with the rest of this article.
However, as stated in its whitepaper, it eventually plans to move to its own blockchain due to the well - known
scalability and speed
issues with the Ethereum network.
Plasma was created by Buterin and Joseph Poon (co-creator of Bitcoin Lightening Network) in 2017 to solve the
scalability issues of Ethereum by producing a layer of smart contracts that will be in contact
with the main blockchain.
This fork on April 30 is backed by promises to deal
with a
scalability issue.
Charles Hoskinson, the CEO of Cardano and other developers are also focusing on coming up
with a solution that will overcome the
scalability issue.
Over the past few years, Bitcoin has been embroiled in a number of disagreements regarding
scalability and transaction cost
issues,
with stakeholders struggling to reach a general consensus on the most viable solutions.
Furthermore, Bitcoin has
issues regarding
scalability (
scalability refers to adding more users to the network), and all attempts to address these
issues have been met
with resistance and failure.
It is an open - source, evolved version that deals
with some of the problems of blockchain as a whole such as blockchain bloat,
scalability, and versatility
issues.
But now,
with Core facing serious competition from Classic, this
scalability issue may soon be forced to come to a head.
With scalability not being an
issue for Nano, future development — particularly protocol changes — is less necessary than for most other cryptocurrencies.
With minor changes to the decentralized character of current public blockchains, this will improve performance and can abate
scalability issues.
The reason why
scalability is such an important
issue is that in a regular blockchain, say, the bitcoin blockchain, each computer has to validate every transaction, said Buterin during a recent meeting
with the Coinbase team.
Many experts including Coinbase co-founder Fred Ehrsam stated that
scalability is a major
issue for Ethereum if it intends to support large decentralized applications
with millions of users.
Vitalik Buterin, the co-founder of Ethereum, announced on January 2, 2018, that the Ethereum Foundation would be offering two subsidy initiatives that will compensate those willing to dedicate their time and resources to come up
with solutions to the ongoing
scalability issue that is currently negatively affecting the cryptocurrency ecosystem as a whole.
Alongside
with the
issue of
scalability, Buterin touched on the problem of privacy.