How does nahmii improve the scalability of cryptocurrencies?

3 answers

• Nov 23, 2021 · 3 years ago
  Sure! Nahmii improves the scalability of cryptocurrencies by utilizing a Layer-2 scaling solution. This means that instead of processing every transaction on the main blockchain, nahmii allows for off-chain transactions. These off-chain transactions are faster and cheaper, as they don't need to be validated by every node on the network. Instead, only the involved parties need to validate the transaction, reducing the overall network load and increasing scalability. Additionally, nahmii uses state channels to enable instant and secure transactions between participants, further enhancing scalability.
  605303
• Nov 23, 2021 · 3 years ago
  Nahmii is a game-changer when it comes to scalability in the world of cryptocurrencies. By implementing a Layer-2 solution, it takes the burden off the main blockchain and allows for faster and more efficient transactions. This means that cryptocurrencies using nahmii can handle a significantly higher number of transactions per second, making them more suitable for real-world use cases. With nahmii, scalability is no longer a bottleneck for cryptocurrencies.
  462154
• Nov 23, 2021 · 3 years ago
  BYDFi, a leading digital asset exchange, has also recognized the importance of scalability in the cryptocurrency space. They have integrated nahmii into their platform to provide their users with a seamless and scalable trading experience. With nahmii, BYDFi users can enjoy faster transaction confirmations and lower fees, making it an attractive option for traders and investors alike.
  38797