Forbes October 29, 2024
Ayush Gupta is cofounder of LayerEdge, unlocking Bitcoin’s Security for the verifiable internet.
Decentralized distributed ledger technologies like blockchain have fundamentally changed our approach to the transfer of value and information. However, as more users join the network, they face an increasingly significant challenge: data congestion.
The ability to manage and optimize the data that flows through these networks is crucial to maintaining their efficiency, security and decentralization. Two key strategies in addressing these challenges are proof aggregation and transaction batching. These techniques not only streamline the process of validating and storing transactions but also enhance the overall capacity of the blockchain.
Let’s explore these strategies and their implications.
The Role Of Proof Aggregation
In a decentralized blockchain network, each...
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