Inside the blockchain developers’ mind: What is the ultimate scaling solution?
Any innovation must be engineered so that as adoption grows, the right scaling technologies can be integrated into it at the right time. Cointelegraph is following the development of an entirely new blockchain from inception to the mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group.Scalability is a popular topic in blockchain, but few ever explain what we mean by that term. When we at Koinos Group talk about scaling what we mean is scaling to the masses. Creating a blockchain that everyone on Earth can use. That means the....
Related News
What are the limitations that are preventing mainstream adoption and what is the current DApp landscape? Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group.In my first article in this series, I explained why Ethereum and Steem haven’t been able to deliver a mainstream social decentralized application (DApp), despite taking two very different approaches and how this makes the solution seem. Therefore, why not combine the fee-less....
Developing the blockchain framework has always been incredibly challenging. Let’s dive into the ways how to end these difficulties. Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group.We recently released the third and final version of the Koinos testnet, which is why I want to talk about something few projects like to talk about: Building blockchains is development hell. In this article, I’ll explain why and how other developers can....
Since free-to-use decentralized applications are possible, developers should have a path to acquire sources to support their DApp’s growth. Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group.In my previous article, I explained from first principles what was needed to build a truly free-to-use social decentralized application (DApp) and how Koinos is that solution. In that article, I explained that to deliver a truly free-to-use....
Fee-less system or flexible blockchain with smart contracts: What do you choose to build your DApp? Or you don’t need to choose at all? Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group.People use social applications daily, but despite all the hype around supposedly “next-gen” blockchains, none of those social applications are decentralized. Let’s unpack why, using two blockchains as a reference: Ethereum and Steem. Ethereum has....
Scaling solutions sometimes come at the cost of decentralization. Most of DeFi's potential scaling options come at the cost of decentralization, according to Kosala Hemachandra, founder and CEO of crypto wallet solution MyEtherWallet. "From a perspective of fully decentralized blockchains, there's no blockchain that has a good enough scaling solution to support this many transactions," Hemachandra told Cointelegraph in an interview. "When you think from that perspective, Ethereum is the best solution out there."DeFi has boomed in 2020, with Ethereum arguably being the top choice for most....