Title:
A deep immersion in the blockchain scalability with coat (MNT) and layer 2 solutions
Introduction:
The world of blockchain technology has developed rapidly in recent years, with new protocols and solutions to improve scalability. Cryptocurrencies like Bitcoin have tried to keep up with the growing demand for decentralized applications and services. In order to address this challenge, several scaling solutions of layer 1 (layer 1) have arisen, including Mantle (MNT). In this article, we will deal with the world of blockchain scalability and examine how coat and layer -2 solutions such as optimism can help to close the gap between traditional blockchains and the growing demand for decentralized applications.
What is blockchain scalability?
The scalability of the blockchain refers to the ability of a system to process transactions quickly and efficiently without relying on the central authorities or agents. With increasing number of users and transactions, current blockchain networks are increasingly overloaded, which leads to delays and increased fees. Traditional blockchains such as Bitcoin rely on consensus mechanisms (proof-of work) that require considerable computing power and energy consumption.
layer 1 scaling solutions:
Current scaling solutions of layer 1 aim to improve the scalability by introducing new protocols and consensus algorithms that reduce transaction times and fees. Some of the most remarkable examples are:
* Proof-of-Stake (POS) : This consensus salgorithm is based on validators that do a certain amount of cryptocurrency as collateral instead of reducing new blocks like Pow. POS has gained popularity on smaller projects and is considered more energy -efficient.
* Delegated Proof-of-Stake (DPOS) : Similar to POS, DPOS requires that validators keep a certain percentage of the tokens to take part in the network. This approach enables more participation and decision -making authority.
Coat (mnt): a layer 1 scaling solution
Mantle is an open scaling solution from open source, decentralized layer 1, which was specially developed for scalability and high performance. Mantle’s main goal is to offer a robust, scalable frame for the development of decentralized applications and services on traditional blockchains.
Mantle achieves this through the use of the following key features:
* Meilen : Mantle introduces a new cryptocurrency called MNT as a “mechanism” with which users can create their own tokens without demanding a central authority.
* Proof-of-Stake (POS) : Mantel uses POS consensus that delivers faster transaction times and lower fees compared to conventional blockchains such as Bitcoin.
layer 2 solutions
In addition to the scaling solutions from Layer 1 and Mantle, several solutions for layer 2 have been created in recent years. These protocols aim to unload calculated tasks from the blockchain network and reduce the congestion.
Some of the most remarkable solutions in layer 2 include:
* Optimism : Optimism is a popular Layer -2 solution that uses a new type of consensus chamber called optimistic rollups. By storing computing -intensive tasks into specialized nodes, Optimus reduces the traffic jams of conventional blockchains.
* Avalanche (Avax) : Avalanche is another outstanding solution for layer 2 that uses your own consensus mechanism and transaction batching technology to reduce transaction times and fees.
Advantages of layer of layer 2
Layer 2 solutions offer users several advantages, including:
* improved scalability : By unloading arithmetic -intensive tasks into specialized nodes or chains, the solutions of Layer 2 can significantly increase the capacity of the network.
* Reduced transaction times
: Optimus in particular was developed to shorten the transaction times by putting several transactions together and executing in a single block.
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