Bitcoin Garden: Trinity and Raiden – Scaling the NEO and Ethereum Blockchains
https://bitcoingarden.org/trinity-raiden-scaling-neo-ethereum-blockchains/
It’s fair to say that blockchain technology is a bit slow. Let’s face it, Bitcoin’s theoretical limit is 3.3 to 7 transactions per second. For a store of value, with no other real utility, that’s probably fine, although the Lightning Network will help to increase that speed.
The real issue of scalability becomes obvious when you look at blockchains with utility, like NEO and Ethereum. When every smart contract is deployed directly on-chain, this can be more than taxing on a blockchain. Look at the way CryptoKitties nearly ground Ethereum to a halt, for example.
Trinity is to NEO what Raiden is to Ethereum, and both allow for transactions to be made off-chain with only the outcome of those transactions placed on-chain. This helps their related blockchains to scale to the increased system demand placed on them by an ever-increasing influx of new users and their accompanying transactions....
Topic: [2018-01-17] Trinity and Raiden – Scaling the NEO and Ethereum Blockchains (Read 108 times)
January 18, 2018, 08:52:22 AM
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