There has been a lot of talk about how blockchain unlocks endless enterprise opportunities. And although all this buzz has not entirely translated to tangible results, the explosion of the decentralized finance and nonfungible token (NFT) markets has laid down markers on what is achievable and how blockchain can truly impact even the most conservative industries.
So unlike two to four years ago, developers, entrepreneurs and businesses are not just blindly joining the bandwagon. It is no longer about what blockchain can do. Now the questions being asked revolve more around how best to utilize the technology for the best results. Therefore, blockchain has slowly evolved from a buzzword to mainstream adoptable technology. If this does not indicate real growth and development, then what does?
However, this doesn't mean that it has been smooth sailing so far. Ever since we began to view blockchain as a viable technology to power mainstream applications, the throughput performances of blockchains, particularly those that have been widely adopted, have come under intense scrutiny. Understandably, scalability remains a yardstick to judge the readiness of blockchain networks to take up enterprise applications.
Continue reading: https://cointelegraph.com/news/want-to-improve-blockchain-infrastructure-work-under-layer-two-solutions
So unlike two to four years ago, developers, entrepreneurs and businesses are not just blindly joining the bandwagon. It is no longer about what blockchain can do. Now the questions being asked revolve more around how best to utilize the technology for the best results. Therefore, blockchain has slowly evolved from a buzzword to mainstream adoptable technology. If this does not indicate real growth and development, then what does?
However, this doesn't mean that it has been smooth sailing so far. Ever since we began to view blockchain as a viable technology to power mainstream applications, the throughput performances of blockchains, particularly those that have been widely adopted, have come under intense scrutiny. Understandably, scalability remains a yardstick to judge the readiness of blockchain networks to take up enterprise applications.
Continue reading: https://cointelegraph.com/news/want-to-improve-blockchain-infrastructure-work-under-layer-two-solutions
