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Best solutions for the greater blockchain scalability

Best solutions for the greater blockchain scalability

Etherum Reddit

Reddit / Etherum Reddit 27 Views

There are several basic entities which form GEO Protocol as bricks do for the house.

Among them are trustlines, statechannels & sidechains.

???? Please, check out our small #GEOdictionary below to get the idea of what we are working on!

✔️ Trustlines is a connection between 2 nodes. All the data of the transaction is stored in them only. The assets are protected only by the agreements of users with each other. The advantage is unlimited liquidity & easily achievable multi-equivalence.


✔️Statechannels is a two-way pathway opened between two users. The protection comes from the blockchain, and in the case of malicious actions, participants inform the blockchain about this. The advantage is reliability & good scalability of blockchains.


✔️Sidechains are separate blockchains attached to its parent blockchains. It allows digital assets from one blockchain to be securely used in a separate blockchain and then be moved back if needed. The main advantage is liquidity.


Which of those solutions you prefer the most and why? Let's discuss it in the comments!

submitted by /u/TechnoPriest46
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