Thank you @alphafx for the lesson and Home Work Task. Below are the attempts:

Binance smart chain

Binance smart chain is a blockchain network that is developed to run in similar way to binance chain but binance smart chain offers smart contract functionality through which developers use to build and access their own decentralized apps. The aim of binance smart chain is provide a cheaper defi transaction cost and a very fast transaction speed.

Using trust Wallet to access binance smart chain.

You click on smart chain on the trust wallet app

You then click on receive which will show your smart chain wallet address which you will need to fund with binance so you can access smart chain dapps

After putting in your binance, you can now access the smart chain and trade the coin of your choice

Let's use pancakeswap as example, you click on the pancake and you can be able to transact your cakes

Tron blockchain

Tron is a decentralized blockchain network that allows developers to develop smart contracts functionality, decentralized applications and access to publish, own, store and share digital content and entertainment content.

You can make transactions on the tron blockchain dapps using trust wallet ;
Click on tron on your wallet

Click on receive then copy your address to where you'll like to get your tron from.

Transaction time

Transaction time is very important in cryptocurrency cause the purpose of cryptocurrency is to enable a faster transaction time than that of fiat currency. The transaction speed varies from one cryptocurrency to other.

The binance smart chain has a faster transaction as it was able to complete transactions within 5 seconds, binance smart chain address to another binance smart chain address is very fast and cheaper.

The tron blockchain transaction is also fast as it is able to perform 2500 transactions in a second and also it takes 3 seconds to be able to access the dapps like crazy dog lives a gambling dapps on the tron network.

Scalability

Scalability in cryptocurrency refers to the ability of a cryptocurrencies to handle transactions. The purpose of cryptocurrency is to enable faster transaction speed in payment system so scalability refers to the number of transactions a cryptocurrency can perform in a seconds. Transactions in cryptocurrency are collected in blocks and the maximum limit of block a cryptocurrency can handle is the scalability level.

Bitcoin scalability

Bitcoin is the first cryptocurrency to ever be in circulation and it been the first it will surely have some errors and one of the top error is the scalability which has been affecting the development and general acceptance of bitcoin due to the limited transactions it can perform within a period of time.
The number of transactions a bitcoin can handle efficiently per seconds is seven transactions and if the transactions exceeds 7 then a queue is created and sometimes if its it's more than what the system can handle there is cancellation of transactions as bitcoin can't cope with the traffic. For example a large store that has alot of customer and btc is used as a means of payment might experience some difficulties due to the number of transactions that is payment that is been made to the wallet address.

Tron network has a better scalability, tron can effectively handle upto 2500 transactions in a seconds which is thousands time better than bitcoin, the scalability of tron is good due to delegated proof of stake consensus mechanism that allows transactions to be validated faster also the transactions fees are much more cheaper. Large companies can use this cryptocurrency as it allows them to perform lot of transactions with seconds.

Binance Smart Chain can handle lots of transaction per seconds like 1000 tps, transactions are easily validated and confirmed also the smart contract for decentralized apps transaction speed is better and faster than that of bitcoin.

How to solve the scability problem of bitcoin, Tron Blockchain and binance smart chain

Before cryptocurrency can be accepted as legal means of payment, the errors associated with it must be resolved first and one of the error is the scalability. There need to be improve on the number of transactions the network can manage and solutions that can be used are;

Plasma cash method

The reason for stability is that all blocks are related with each other, and before you can be able to add new transaction into the block, you need to access the past transactions so this causes delays to transaction authentication.
This method solves the scalability problem by enabling decentralized apps to perform smart contract functionality and making them able to perform billions of transactions in seconds and send reports to the main network, this reduces the burden on the main network as the component unit or network also process and validates transactions on their own.
Each branch contains its own data, and this data are sent to the main network as at when due, so when it is time to submit the data, the branch submit the blog header hash.
The major advantage of Plasma chain is that it enables enhancement of space in the main network and faster speed of transaction confirmation.

The lightning network

The lightning network uses double signed signature transactions like creating a wallet like the participant develop a channel they can access easily with their private passwords.
The lightning network is the use of payment channels instead of using the main block chain network, two parties can create a channel or branch where they can send cryptocurrency to each other in numerous times and transactions can be validated and confirmed without recording it on the main network. This makes transactions easier, cheaper and reduce entries in the main ledger.
Participants put money into this channel to complete their transaction and when the channel is closed, the distribution of the crypto assets begins and it is distributed using the last signed balance in the private ledger. After the distribution and the end of the channel, the data is then sent to the main network. This method does not involve any miner.

Thank you for reading my post.

Cc: @steemcurator02