Exploring Layer 1 Blockchains: Scalability and Network Performance
Blockchain technology has revolutionized various industries by providing a decentralized and secure platform for transactions and data storage. However, as the popularity of blockchain applications continues to grow, scalability and network performance have become critical factors in determining the success of a blockchain network. Layer 1 blockchains, which function as the foundation of the blockchain ecosystem, are at the forefront of addressing these challenges. In this article, we will delve into the world of layer 1 blockchains, exploring their scalability potential and network performance.
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