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What Are the Challenges of Scaling Blockchain Solutions?
Limited throughput hinders blockchain networks, making them inefficient for handling large transaction volumes
Limited throughput hinders blockchain networks, making them inefficient for handling large transaction volumes
High energy consumption remains a significant challenge, especially for proof-of-work consensus mechanisms like Bitcoin
Interoperability between different blockchains is still underdeveloped, limiting seamless communication across networks
Decentralization vs. speed creates a trade-off, where increasing speed can reduce security or decentralization
Regulatory uncertainty adds complexity, as laws vary widely across regions for blockchain-based projects