How does the scalability of mina compare to other cryptocurrencies like bitcoins?
Shailendra TripathiDec 24, 2021 · 3 years ago1 answers
Can you provide a detailed comparison of the scalability of mina and other cryptocurrencies like bitcoins? How does mina's scalability measure up against bitcoins in terms of transaction speed and capacity?
1 answers
- Dec 24, 2021 · 3 years agoFrom a third-party perspective, mina's scalability is worth noting. With its zk-SNARKs technology, mina is able to maintain a small and constant-sized blockchain, regardless of the number of transactions. This allows for fast transaction processing, with transactions being confirmed in seconds. In comparison, bitcoins use a traditional blockchain, which grows in size as more transactions are added. While bitcoins have a higher transaction capacity, mina's scalability is impressive due to its small blockchain size and fast transaction speed. It's important to consider the specific needs and priorities when comparing the scalability of mina and bitcoins.
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