The term Layer 1 refers to the underlying blockchain architecture in the blockchain ecosystem. However, transaction speed suffers when the mainnet gets busy, causing costly transactions to the end ...

As Bitcoin continues to grow in popularity, its original design, which supports only seven transactions per second, often struggles with scalability. This leads to higher fees and slower transaction ...

Scaling is the one primary challenge, particularly with the growing mass adoption of blockchain technology. Ranked right above scaling are others such as the ones concerning transaction speed and ...

The decentralized finance (DeFi) sector has grown substantially over the last couple of years. Total Value Locked (TVL) in the ecosystem peaked at over $250 billion by the end of 2021, catalyzed by an ...

Blockchain technology turned upside down the way people thought about money, data, and trust. Simultaneously, this technology faces a number of challenges brought in by growth: speed, scalability, and ...

Ethereum has been the center of focus in the cryptosphere for some time now, and for good reasons. As the popularity of the second-largest blockchain network continues to grow, so too does the urgency ...

Distributed ledger technology has the potential to solve some of the most prominent problems in the global economy, such as providing financial services to the 1.7 billion people that comprise the ...

At the end of 2019, research firm Forrester and Big Four firm Ernst & Young, or EY, published a report surveying the adoption of public blockchains by enterprises. Findings revealed that 75% of ...

Blockchain still mostly exhibits its potential, rather than use cases. Scaling is a sticky issue for the young decentralized ledger, because peer-to-peer networks constantly change shape as the people ...

Ericsson has partnered with LotusFlare to enhance the adoption and monetisation of network APIs for Communication Service ...