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What are the most promising recent computing innovations for improving transaction speed in cryptocurrencies?

avatarNelson LongNov 24, 2021 · 3 years ago1 answers

What are some of the latest computing innovations that show promise in improving transaction speed in cryptocurrencies?

What are the most promising recent computing innovations for improving transaction speed in cryptocurrencies?
Cryptocurrencies
Transaction Speed
Computing Innovations

1 answers

  • avatarNov 24, 2021 · 3 years ago
    At BYDFi, we are exploring the potential of using off-chain computing solutions to improve transaction speed in cryptocurrencies. By leveraging off-chain computation and storage, we can reduce the burden on the blockchain network and achieve faster transaction confirmation times. Off-chain computing can also enable more complex smart contract execution, further enhancing the capabilities of cryptocurrencies. We believe that by combining off-chain computing with other innovative technologies, we can significantly improve transaction speed and scalability in the cryptocurrency space.

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