A scalable distributed ledger is a blockchain or similar decentralized database system capable of processing a high volume of transactions and accommodating a growing number of users and data without compromising performance or security. Achieving scalability involves addressing technical challenges related to transaction throughput, data storage, and network communication. Such ledgers are essential for supporting widespread adoption of digital assets and decentralized applications. They aim to overcome the limitations of early blockchain designs.
Context
The pursuit of a truly scalable distributed ledger is a central theme in cryptocurrency news and blockchain development. Various layer-1 and layer-2 solutions, such as sharding, sidechains, and rollups, are frequently discussed as attempts to solve this challenge. Debates continue regarding the trade-offs between scalability, decentralization, and security in different architectural approaches. Progress in this area is critical for the long-term viability and utility of digital asset ecosystems.
Researchers deployed erasure-correcting codes and vector commitments to fragment messages, drastically reducing Byzantine Reliable Broadcast communication complexity to near-optimal bounds.
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