Story Time: Who will Win the Blockchain Scaling Battle?

The quest for the future financial layer is a global competition of innovation and strategy. Which technical architecture will emerge victorious among the contenders, seamlessly processing millions of transactions (TXs)?
Layer 0s, 1s, 2s, and 3s each bring a unique mix of technical prowess and design philosophies. Their goals range from independent security to elevated transactions per second (TPS), but the true test lies in execution.
We are seeing a battle taking place in real-time. People all over the world are competing with each other to create the future financial layer. Let’s break down these varying architectures.

Blocks, links, 1s and 0s
Blockchains such as #BitcoinCash and #BitcoinSV initiated the scaling ambition within the #Bitcoin ecosystem. They did so by increasing the block space to enable more transactions inside one independent block. While Bitcoin Maxis opposed this ambition for various reasons, such as impeding security, they did manage to get adoption and support from the early Bitcoin Community.
Later came Ethereum, a revolution in blockchain that introduced a VM within the blockchain framework. The Ethereum Virtual Machine (EVM) was born, and with this, a new concept to bring decentralization to various forms of applications as well, not only the execution layer.

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The EVM
As the EVM ecosystem matured, the execution layer remained behind, and many people knew this would be an issue early. Ethereum itself is in the middle of a year-long re-architecture to change its execution layer, part of what we already have seen, from PoW to PoS and from a single-threaded blockchain to a network of shards.

This Weeks Analysis

This week's Web3 analysis reveals a bustling crypto ecosystem, with key tokens like ICP, BSV, SEI, and ARB making notable gains. 
ICP surged by 72.10%, while BSV's growth stood at 68.80%, showcasing investor confidence. The potential airdrop from Binance-backed ventures such as Xterio, with $55 million raised, and Magic Square, with $11.7 million, points to strategic moves in the gaming and NFT arenas. 
Additionally, ARBITRUM, CELESTIA, and SEI reached new all-time highs, with ARBITRUM climbing to $2.05 from its low of $0.74, indicating bullish trends. 
However, a dip in SEI by 9.38% also reminds us of the market's volatility. The overall market cap witnessed a slight increase of 0.54% to $1.68T, amidst mixed asset performances and sentiments, highlighting a week of contrasts and vitality in the digital asset space.

Airdrop Strategy Explained

Constant airdrops appear in the scene; however, hunting after all of them is a hassle. We have identified the top airdrops to focus on, farming them strategically with multiple wallets to maximize allocation while also getting aidrops from the smallest projects at the same time.

Ethereum Sharding
Then came other blockchain frameworks, such as @Polkadot, @cosmos, and @avalanche, the layer 0s. They are not blockchains, but they enable them to be built in a compatible and interoperable framework. One design, such as Cosmos, lets security be inherent in every chain, while others, such as @polkadot have a strictly shared security framework. Join now for 25% off forever, then read the full detailed article and access our entire archive!