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Ionixx Blockchain 101| Mini lesson 4 | Performance and Scalability of Blockchain

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With the blockchain increasing in popularity and seeing increased adoption across several use cases, it is also important to take stock of possible issues that plague the technology. For instance, the low number of processing transactions per second (tps) is a challenge leading to issues of scalability and sustainability. In this mini lesson, we touch upon a few!

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Ionixx Blockchain 101| Mini lesson 4 | Performance and Scalability of Blockchain

  1. 1. Blockchain 101 Your Quick Reference Blockchain Primer! Performance and Scalability of Blockchain
  2. 2. Mini Lesson 4 Performance and Scalability of Blockchain
  3. 3. www.ionixxtech.com 3 Issues Plaguing Blockchain Scalability Hindered by two computing issues: ● Latency ● Throughput Performance
  4. 4. Is Decentralization Adding to Blockchain’s Challenge? www.ionixxtech.com 4 Decentralization, at the core of blockchain, comes at the cost of scalability. True decentralization is hard to achieve owing to skewed mining power. A fully decentralized blockchain inherently limits scalability as it incurs a throughput upper bound and prevents scaling smart contract execution.
  5. 5. Alternative Consensus Mechanisms www.ionixxtech.com 5 2 3 1 1
  6. 6. Stay Connected We’d love to hear from you! Please follow this link to receive a detailed ebook on this topic in your inbox.
  7. 7. Thank You !!

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