Exploring Layer 2 Solutions: Scaling Ethereum and Other Blockchains
Understanding Scalability Challenges Faced by Ethereum and Other Blockchains
As blockchain technology gains mainstream adoption, scalability has become a pressing issue for Ethereum and other blockchains. The success of decentralized applications (dApps) and smart contracts relies on the ability of the underlying blockchain to process a high volume of transactions quickly and efficiently. However, Ethereum’s current infrastructure faces significant scalability challenges, with limited transaction throughput and high fees during periods of network congestion.
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