The popular decentralized exchange, Uniswap, is having one of its latest governance proposals stonewalled by the crypto venture capital giant Andreesen Horowitz (a16z). The ongoing proposal vote, which ends on February 10, is currently 38% weighed against the change – almost entirely due to the software investor. So Much for Decentralization The proposal, tabled by 0xPlasma Labs on February 2, would have Uniswap v3 deployed to BNB chain. To enable the deployment, the proposal chose to use Wormhole – an…
Scalability
What is Blockchain Scalability?
Blockchain scalability refers to a blockchain's ability to handle many transactions efficiently. A blockchain's scalability is limited by the number of transactions the network can process in a given amount of time. As the number of users on a blockchain network increases, the network can become congested, leading to slower transaction processing times and higher fees. There are several solutions proposed to improve blockchain scalability, such as: Sharding: This technique involves dividing the blockchain into smaller, more manageable pieces called…
Block Education
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