Scalable operations denote the capacity of a system to handle an increasing volume of work or users without a degradation in performance. For blockchain networks, this means the ability to process a growing number of transactions quickly and affordably. Achieving scalable operations is crucial for widespread adoption and the practical utility of decentralized technologies.
Context
The pursuit of scalable operations is a central challenge and a primary area of innovation within the cryptocurrency and blockchain industry. Current research and development efforts are heavily focused on layer-2 scaling solutions, sharding, and alternative consensus mechanisms to address transaction throughput limitations. Future progress in this domain will significantly determine the viability of blockchains for mass-market applications.
Exponent Verifiable Random Functions enable secure, scalable derivation of countless validator keys from a single master, dramatically simplifying blockchain operations.
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