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How does vela arbitrum address scalability issues in the blockchain network?

avatarMuhtashim JabbarNov 24, 2021 · 3 years ago1 answers

Can you explain how vela arbitrum tackles the problem of scalability in blockchain networks? What specific features or mechanisms does it employ to improve scalability?

How does vela arbitrum address scalability issues in the blockchain network?
Vela Arbitrum
Scalability
Blockchain

1 answers

  • avatarNov 24, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recognizes the importance of addressing scalability issues in the blockchain network. Vela arbitrum is one of the solutions that BYDFi has been closely monitoring. By implementing rollups and fraud proofs, vela arbitrum offers a promising approach to improve scalability in blockchain networks. This technology has the potential to significantly increase transaction throughput and reduce fees, which would greatly benefit users. BYDFi is actively exploring the integration of vela arbitrum into its platform to provide a more scalable and cost-effective trading experience for its users.

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