Layer 2 Scaling Solutions| Revolutionizing Blockchain Scalability

submitted 2 years ago by Blockchaingeek to cryptocurrency, updated 2 years ago

Blockchain solutions development has changed various industries by providing decentralization of money, high levels of security, and irreversible record-keeping. A blockchain in an ideal world would be capable of processing an infinite number of transactions per second TPS (Transactions per second). On the other hand, the Bitcoin main chain can only handle 3-7 TPS. Layer 2 Scaling is essential because it is the only way for blockchain networks to compete on an equal footing with older, centralized systems.

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