The Case for Bootstrapping High-Throughput Blockchains

Blockchain, News, Opinion | June 13, 2019 By:

Much debate in the world of cryptocurrencies has centered on scalability and interoperability. Largely drawing from prohibitively high gas fees on Ethereum towards the end of 2017, and transaction fees on Bitcoin surpassing $50 in some cases around the same time.

The realization that these decentralized blockchains afforded many beneficial properties was overlooked by mainstream pundits as being inefficient virtual machines akin to databases.