As the TON blockchain network continues to face scaling issues, its transaction capacity has slowed to just 1 transaction per second. This causes a disruption of the network’s promise of high transaction speeds and its capacity to handle many transactions.
Decentralization is a key pillar of Ethereum, but are rollups impacting that? We discuss how these Layer 2 solutions compromise decentralization, and what solutions may be available to maintain trust and reliability on the blockchain.
As Bitcoin continues to climb in popularity, users struggle to find a practical solution to handle the ever-increasing number of transactions. Some have adopted the Lightning Network, while others have chosen Solana – a new platform not built on top of Bitcoin, but rather its own, faster protocol. This article explores why Solana has become the preferred option for payments.
Amidst the increasing interest in blockchain technology, “Backed Now” has announced that it will now start natively issuing tokens on the BNB Smart Chain. This advancement is expected to facilitate new integrations, improved scalability, and increased global accessibility.
In 2023, layer 1 blockchains are expected to reach maturity, with governments, institutions, and businesses leveraging the technology to enable greater digital transactions, faster data transmission, and increased financial security.