What's blockchain scalability.....#002

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It's a great pleasure always to write and post in this wonderful community and ofcourse I know it values good content which is a good requirement for us all.

Last time on this, on the first I talked about blockchain scalability that's what it means really.

We discussed what blockchain scalability is all about which basically entails ability of a blockchain to process hundreds and thousands of transactions in a matter of seconds.

We also dived into how blockchain scalability could be improved upon and talked about things like Sharding and layer-2-solutions amongst other things which we discussed at length in my previous post.

Today on the topic blockchain scalability I will like to discuss about the importance of scalability to blockchain network and we will be taking it bit by bit.

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Importance Of Scalability To Blockchain

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1) Increased Transaction Throughput:
Well one importance of scalability to blockchain is it's ability to handle the growing userbase and the high volume transactions that comes with it in a rather efficient manner as scalability allows blockchain to handle thousands of transaction in lightening speed.

2) Mass Adoption and User Engagement: Because of it's ability to process thousands of transaction per second it attracts a whole lot of people to the blockchain since it can accommodate as much people as possible ensuring fast transactions everyone crave for which this leads to mass adoption and a great deal of user engagement.

A scalable blockchain also encourages the use of the building of decentralized application on the blockchain network which is another great use to masses.

3) Lower Transaction Costs: Because of the large volume of transactions a scalable network can handle it ensures the transaction cost is lower for each individual transaction which is of great benefit to its users and makes a scalable network more suitable for utilization by businesses.

4) Better User Experience: Ofcourse what more could better ensure best user experience than what scalable blockchain offers which are; lower cost for transactions and it's ability to process said transactions at lightening speed this creates a better user experience as this features appeals almost to everyone only ofcourse if you're in stone age, overall this makes it easier for a while lot of people to adopt the system.

5) Attracting Enterprises and Developers:
Ofcourse what businesses wouldn't like for their business transactions to done without hiccups and efficiently, that's what a scalable network offers little wonder business owners are attracted to it even developers are more likely to want to build on a scalable network than one that is not. A Scalable blockchain leaves much to be desired.

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Conclusion

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Ofcourse the issue of blockchain scalability is a very important one and I believe for any blockchain to be considered for mass adoption one important feature it must have is scalability, it's importance to a blockchain can never be overly-emphasized