Why is nested blockchain considered a promising solution for scalability issues in cryptocurrency transactions?

1 answers

• Mar 23, 2022 · 3 years ago
  Nested blockchain is considered a promising solution for scalability issues in cryptocurrency transactions because it allows for greater transaction throughput and improved network performance. By creating multiple layers of blockchains, nested blockchain enables parallel processing of transactions, significantly increasing the overall capacity of the network. This scalability is achieved by distributing the transaction load across the nested blockchains, reducing congestion on the main blockchain. Additionally, nested blockchain offers enhanced privacy and security as each layer can have its own set of rules and permissions. This allows for the isolation of sensitive data and the implementation of customized security measures. Overall, nested blockchain provides a scalable and secure solution to address the growing demands of cryptocurrency transactions.
  867434