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The bitcoin blockchain can process only seven transactions

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Question

The Bitcoin blockchain can process only seven transactions per second. Its low throughput impedes its adoption as a payment system. Numerous solutions were implemented to address Bitcoin's scalability issue. In this question, you are required to study and evaluate two  Bitcoin scalability proposals.

Examine one layer 1 and one layer 2 scalability solution for Bitcoin.

Reference no: EM133295427

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