5 of the Fastest-Scaling Cryptocurrencies
As has become a common theme in recent years, cryptocurrencies were practically unstoppable in 2021. The aggregate value of all digital currencies ended the year around $2.2 trillion, marking a near-tripling in 12 months.
The reason investors are so excited about cryptocurrencies is the potential utility of the blockchain technology that underlies them. The financial application of blockchain could revolutionize the way money is sent from Point A to B. Meanwhile, nonfinancial uses could impact everything from paper trails to supply chains.
But in order for blockchain to become mainstream in a financial and/or nonfinancial sense, it has to be scalable. In other words, it has to be built in such a way that a large number of transactions can be handled per second without compromising the effectiveness or security of the network.
Source Fool.com
