How does 'sharding' improve blockchain scalability?
- Dividing the blockchain into smaller, manageable parts
- Enhancing encryption algorithms
- Increasing block size
- Introducing parallel processing
Sharding involves dividing the blockchain into smaller, independent shards, each capable of processing transactions separately. This parallel processing significantly improves scalability by allowing multiple transactions to occur simultaneously. Recognizing the role of sharding is essential for addressing scalability challenges in blockchain networks and enhancing their overall performance.__________________________________________________
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