Every successful start at one time or another is facing a turning point in its history. This turning point, whether it's a challenge, a conflict or an opportunity, often becomes the defining moment for the startup's leadership team. . How will they respond? What are the steps to follow? What is the game plan to go from point A to point B? These issues are vital and investors and board members are demanding answers.
Blockchain technology, while not a traditional start-up, is at a turning point. Prices are at or near record levels, trading volumes are booming and the number of cryptocurrency users is growing at a breakneck pace. But these statistics do not tell the whole story
With the rising prices of cryptocurrency and the increase in trading volumes, the Achilles' heel of Blockchains, l & rsquo; Scalability, is back with a vengeance. The problem is essentially the size of the blocks: the big blocks are automatically rejected by the network. As a result, transactions per second are limited to single-digit or double-digit numbers if the Blockchain is really fast.
The problem is that it pales in comparison to traditional payment methods like Visa cards. If the crypto-currencies want to compete in the transactional world in a substantial way, we must do something
Feeling this need, some companies are working on customizable operating systems that will establish platforms at the same time. commercial scale. The goal is to meet growing business demand with Blockchain technology, as well as provide a central hub for all Blockchains. The hope is that platform operating systems will lay the foundation for the development of new scalable applications, and organizations like EOS, Grid, DASH and Waves aim to do just that.
How Blockchain Operating Systems Can Problem Scalability
By creating a parallel multi-channel processing infrastructure that meets certain requirements, companies could pave the way to a greater marketing of Blockchain. The operating systems they are working on consist of a main chain and an undefined number of side chains, allowing a platform to achieve multiple goals while reducing data redundancy. .
The architecture of the operating systems organized Central Business District. "In this business district, each industry has its own secondary channel – an individual scenario where specific problems and problems receive direct attention via the corresponding channel.
Highly customizable platforms are made up of. a main chain, or kernel, which constitutes the minimum viable blockchain.As the backbone of the operating system, this main chain is used as a core from which custom operating systems can be Developers can use the operating system to create specific configurations, providing adaptability that has so far escaped Blockchain projects.
So, how does this affect In essence, a blockchain-based operating system creates different streams (side chains) that deal with tasks. As a result, the main channel is not bogged down by having to deal with transactions that it is not designed to handle. The abundance of strings means that the platform can handle independent transactions at the same time.
The operating system creates a scenario similar to the addition of four additional lanes on a one-way road. Drivers can achieve the same end goal, get to their destination, but take a variety of routes to get there. Traffic bottlenecks are less likely on a five-lane highway than a single-lane highway. In the same way, a Blockchain can achieve its goal, but by taking a variety of channels to do it. The side chains allow the main chain to function as expected while performing specialized tasks
Blockchain solutions for everyday life
The ultimate goal of operating systems powered by Blockchain is to provide real business solutions. In order to cope with the increase in transaction volumes, Blockchain companies are building infrastructures that enable companies to create scalable platforms. By allowing a Blockchain to have connected and independent side chains, companies will find that they can create customizable solutions to meet their business requirements.