Scaling Issue with Bitcoin/BTC and Ethereum/ETH As more people use both blockchains over time, scalability issues in the Ethereum and Bitcoin core networks arise. While Visa and Mastercard's traditional payment systems can process 24,000 transactions per second, ETH networks can only process 30 transactions per second. Both networks' transaction fees rise as block demand exceeds their capacity. BitCoin($BTC) median transaction size is between 3.3 and 7 transactions per second So here is Polkadot that somehow solves the limitation of this blockchain. What is Polkadot(DOT)? Polkadot is a protocol that links incompatible networks (Bitcoin and Ethereum, for example) blockchains, enabling the transfer of wealth and data. It is also intended to be quick and scalable. The DOT token is used for governance and staking. As the ecosystem of specialized blockchains known as parachains expands, Polkadot unifies and secures them. The foundation of a truly interoperable decentralized web i...
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