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RE: VEIL: AN ADVANCED PRIVATE BLOCKCHAIN FOR MODERN NETWORK USERS
Nicely written article, please can you explain scalability and fungibility in simple terms?
Nicely written article, please can you explain scalability and fungibility in simple terms?
Thanks for this question mr tcode.
In simple terms, fungibility simply means the inability to temper with a transaction that has been processed through a blockchain. While scalability on the other hand refers to the ability of a blockchain network to process transaction with with much speed regardless of the number of transaction going through the network at the same time.