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For information and learning only. Not investment advice. Crypto assets involve risk.

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Glossary

Terms4 shown

Layer 2 SolutionRefers to scaling protocols built on top of existing blockchains that improve scalability through mechanisms such as state channels, sidechains, or rollups.
blockchain trilemmaThe trade-off inherent in the blockchain trilemma, which makes it difficult to achieve security, decentralization, and scalability simultaneously.
Blockchain TrilemmaThe challenge of balancing security, scalability, and decentralization in blockchain systems.
Smart contract parallelizationExecuting multiple smart contracts simultaneously to improve the performance, scalability, and responsiveness of decentralized applications.

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Definition

Smart contract parallelization

Executing multiple smart contracts simultaneously to improve the performance, scalability, and responsiveness of decentralized applications.

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