The blockchain is diversifying and thriving, yet it’s no longer possible to ignore the elephant in the room: scalability. Scalability in the blockchain industry is an issue that needs to be addressed when talking about the technology’s future. At the moment, the Bitcoin blockchain processes between 3 and 7 transactions per second; Ethereum is handling roughly 15 transactions per second. However, if the blockchain is to compete against the likes of VisaNet, which processes an average of 150 million transactions per day and more than 24,000 transactions per second, it’s obvious that developers need to find ways to bring it…

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