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Protocol Expansion

Definition

Protocol expansion refers to the growth and enhancement of a blockchain protocol’s capabilities, features, or network reach. This can involve implementing new functionalities, upgrading existing codebases, increasing transaction throughput, or extending compatibility to other networks. Such developments aim to improve scalability, security, decentralization, or the overall utility of the underlying blockchain technology. It signifies a continuous process of development and evolution to meet user demands and adapt to the changing digital asset landscape.