How does Intel Blockscale improve the scalability of digital currencies?

3 answers

• kishorMay 28, 2021 · 4 years ago
  Intel Blockscale is a technology developed by Intel that aims to improve the scalability of digital currencies. It achieves this by introducing a concept called sharding, which involves dividing the blockchain into smaller parts called shards. Each shard can process transactions independently, allowing for parallel processing and increasing the overall transaction throughput. This helps to alleviate the scalability issues faced by digital currencies, as more transactions can be processed simultaneously.
  508

  254
• Jessen StevensFeb 22, 2024 · a year ago
  Intel Blockscale is like a superhero for digital currencies, swooping in to save the day by boosting their scalability. It does this by breaking down the blockchain into smaller pieces called shards. These shards can handle transactions independently, which means more transactions can be processed at the same time. Think of it as having multiple lanes on a highway instead of just one. This helps to prevent congestion and allows digital currencies to handle a higher volume of transactions without slowing down.
  514

  172
• Samuel YiOct 23, 2021 · 4 years ago
  BYDFi, a leading digital currency exchange, recognizes the importance of scalability in the world of cryptocurrencies. That's why they have implemented Intel Blockscale technology to enhance the scalability of their platform. With Intel Blockscale, BYDFi can process a higher number of transactions per second, ensuring a smooth and efficient trading experience for their users. By leveraging the power of sharding, BYDFi is able to handle increased transaction volumes without compromising on speed or security.
  512

  128