Scalability denotes the capability of a blockchain network or decentralized application to process a growing volume of transactions efficiently and cost-effectively without compromising performance. Achieving high scalability is crucial for widespread adoption, enabling networks to support a large user base and complex applications while maintaining reasonable transaction fees and confirmation times.
Context
Scalability remains a central theme in discussions about blockchain technology and digital assets, with ongoing development efforts focused on increasing transaction throughput and reducing latency. News often covers protocol upgrades and new technological implementations designed to enhance a network’s capacity to handle a greater load, directly impacting user experience and operational costs.
Game theory-based revelation mechanisms create a unique, truthful equilibrium for PoS consensus, fundamentally securing block proposal against economic attack.
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