Chapter : 2 | "The Solution of Bitcoin Scalibility Problem"

in Steem Alliance10 months ago
Hello Steem Alliance Community

Hello My Steemain Friends ,

Dear friends, I am @aviral123 from India. How are you all, I hope you all are well. I am fine too . Today I am sharing my post with you in this community. Earlier I shared information about Does Bitcoin Have a Scalibility Problem?" with you in my post . Hope you all will like my post. Today I am going to express my views regarding " The Solution of Bitcoin Scalibility Problem" let's start

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Today we are suggesting solutions to Bitcoin Scalibility problems and we are considering how these problems can be solved.

Segwit

In this, the transaction process is kept separate from the block of data and the transaction information is kept in another part called "witness". So that she can remain safe, no one can cheat or divorce her. Apart from this part, the number of complete data is decreasing. This speeds up the transaction process and also reduces the lease fee. From which people steal more and more. Segwit facilitates the linking of many different parts into a block in this way. Due to which maximum leverage facility is utilized.

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Security

In today's time, Segwit is the best example of architect stability, which is being used very fast. Note that the number of users using this solution is more than 70% and it is considered among the most popular solution levels.
Although the demand for Invest Cash is low, he does not use anything in his business.

Some learned businessmen believe that this problem has not been solved for a long time, but we are not bothered by this problem. Can secure the transaction process in blocks and can also speed up the process and make it cheaper.

Lightning Network

The network significantly provides lower costs and greater mobility. Here work is done on one channel. In this network, it is done through the stickers given by both the stars and when he wants to close the channel, he can save the transaction record in the screenshot.

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Meaning of Sharding (Dividing the Blockchain)

In this process the chessboard is divided into many different smaller scooters. Which is called shard. Through these shards also we can solve Satyarthi's problem. Because there is a process for different dinosaurs in it, through which the complete data is filled. This process would not require recording each transaction on the block chain.

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Learn

Always aware that we have many solutions proposed to solve the expert's scalability problem. Segwit and supermarket cash are very popular, but they only provide temporary relief. So more work is being done on shards and the Lightning Network. So that the user's can get relief from the problem of scalability of the equipment.

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 10 months ago (edited)
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 10 months ago 

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