What is crypto sharding and how does it impact the cryptocurrency market?

1 answers

• Teboho MphutiAug 31, 2023 · 2 years ago
  Crypto sharding is a method used to improve the scalability of blockchain networks. It involves dividing the blockchain into smaller parts called shards, each with its own set of validators. This allows for parallel processing of transactions, increasing the network's capacity and transaction speed. Sharding can have a positive impact on the cryptocurrency market by reducing transaction fees and improving the overall user experience. It also enables the network to handle a larger number of transactions, making cryptocurrencies more practical for everyday use. By improving scalability, sharding can attract more users and investors to the cryptocurrency market, driving its growth and adoption.
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