Scalability Issues

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technical

Criticism: Bitcoin's network can handle only a limited number of transactions per second, making it unsuitable for mass adoption.

Counterarguments:

Layer 2 Solutions: The Lightning Network, a Layer 2 protocol, enables faster, cheaper transactions by handling them off-chain, significantly increasing transaction capacity.

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Sidechains and Rollups: Sidechains like Liquid and other scalability projects increase Bitcoin's processing capabilities without changing the core network.

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Focus on Value Over Volume: Bitcoin is primarily seen as a store of value, not necessarily as a high-volume payment system. Scalability solutions allow it to fulfill this role efficiently.

By: admin
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