Blockchain Technology

Blockchain Scalability

Scalability refers to how well a system can manage adding quantities of data. Blockchain scalability is how well it can handle an adding number of deals. The major part of the issue comes from the fact that the blockchain requires all participants to agree on the validity of deals. Scalability is one of the most important problems in blockchain and has been the focus of both assiduity interpreters and academic experimenters since Bitcoin was born. This article is the launch of a series of papers that concentrate on blockchain scalability, providing a methodical way to classify various results and analyzing their pros and cons. Our thing is to allow the communities and the general public to have an in- depth view on the current development of this issue. At the end of the series, we will introduce some new ideas for scalable blockchains, performing from our exploration at VeChain, and compare them with other related work.