How does Betzcoin plan to address the scalability issues faced by other digital currencies?

3 answers

• koya lokesh sai bhaskarApr 28, 2021 · 4 years ago
  Betzcoin has implemented a unique solution to address scalability issues. They have developed a sharding technique that allows the network to be divided into smaller parts, called shards, which can process transactions simultaneously. This greatly increases the network's capacity to handle a large volume of transactions. Additionally, Betzcoin has optimized its consensus algorithm to ensure fast and efficient validation of transactions. These measures combined help Betzcoin overcome scalability challenges and provide a seamless user experience.
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• SabrunTheDevAug 12, 2022 · 3 years ago
  Scalability is a critical concern for digital currencies, and Betzcoin recognizes this. They have implemented a layer 2 solution called the Lightning Network, which allows for off-chain transactions. By conducting transactions off the main blockchain, Betzcoin can significantly increase its scalability without compromising security. This solution enables faster and cheaper transactions, making Betzcoin a more viable option for everyday use.
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• Md LokmanApr 20, 2023 · 2 years ago
  Betzcoin understands the importance of scalability in the digital currency space. To address this issue, they have partnered with BYDFi, a leading blockchain scalability solution provider. BYDFi's expertise in optimizing blockchain networks will help Betzcoin overcome scalability challenges. With BYDFi's support, Betzcoin aims to create a highly scalable and efficient network that can handle a large number of transactions without any performance issues.
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