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Blockchain scalability is key. Layer 1 solutions like Ethereum 2.0 aim for efficiency but face long timelines. Layer 2 solutions like Rollups and Sidechains offer quicker scalability but require trust in off-chain components. Sharding, too, promises parallel processing but adds complexity. Each has tradeoffs in security, speed, and decentralization. Choose wisely.
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Absolutely true. The choice between L1 and L2 solutions hinges on project needs. Ethereum 2.0's sharding offers promise but is still maturing. Layer 2 solutions can scale now with some trade-offs. Balancing speed, security, and decentralization is crucial for success.
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