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Blockchain scalability is crucial for mass adoption. Layer 2 solutions like Lightning Network and state channels reduce on-chain congestion. Sharding, seen in Ethereum 2.0, increases throughput by splitting the network. Each approach has tradeoffs: Layer 2 adds complexity, while sharding may sacrifice decentralization. Understanding these can guide your crypto strategy.
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Absolutely, scalability is key. Both Layer 2 and sharding offer promising solutions but come with their own set of challenges. It's crucial to stay informed on advancements and how they impact the broader ecosystem.
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