Crypto Academy || s2week7 homework:Scalability and improvement needed to be made

Well scalability which is known as the speed or rate at which a blockchain performs transactions in seconds or minutes as the case may be.

Binance Smart Chain

Now during the course of my interaction on binance smart chain i saw that transactions takes minute seconds to be completed. Below are my experience.

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Well i choose this token shroomi and i converted it to BNB using pancakeswap on the binance blockchain. I choose or converted everything i had on this token actually, and after that i had to approve this transaction.

Well i quickly approve it and at once it was submitted or comfirmed.

Well from the image and during the course of my user experience i comfirmed that it took just a matter of seconds for this transaction to be comfirmed after submitting. Like within 10seconds i think.

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Tron Blockchain

I also gained a user experience on the speed of transactions on tron blockchain. I carried out a transaction which actually involve sending trons to binance exchange. Below is proof of my user experience.

Well i transfered a total of 32.7 trx with a send fee of 0 trx. And just like in the binance smart chain transaction i notice something similar. That is the speed of the transaction. Is very fast.

I successfully submitted the transaction as clearly show and from the time i submitted this transaction to when it was comfirmed on the tron blockchain was in mere seconds. It's speed is impeccable.

Below is comfirmation from the blockchain on when the transaction i submitted on 5:34am nigerian time and few seconds was comfirmed.

As is shown it was comfirmed by 5:34:30am nigerian time, just a few seconds.

Now how long did it take to get to it's destination.well at exactly 04:35:17am UTC time it arrived on binance which is around 5:35:17am on nigerian time.

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BTC, Tron and BnB Smart Chain Scalability &Speed

Well scalability as we know is the amount of transaction per second a blockchain can make.

Now from my user experince on the binance smart chain and tron blockchain it is safe to say that they are very fast that is to say the time taken for transaction to be comfirmed. Unlike in Btc blockchain that transaction takes about 10mins to be comfirmed it is not actually like that on tron's and binance smart chain transaction. From my user experience i saw that on this two blockchain, tron and BnB smart chart it takes just seconds for transaction to be comfirmed.

Also when it comes to scalability Btc can only process 5 transactions per second unlike tron's 2000 and Bnb smart chain's 57.8

From this it is safe to assume or rather to say that the trons blockchain is more scalable since it completes more transactions on less time than BnB smart Chain and Btc blockchain. Btc is the slowest of this two as notably obvious.

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How Scalability Can Be Improved

• By increasing the block size limit capacity, a blockchain could increase the number of transactions per seconds (TPS)
• Removing non-essential data from the blockchain can help it stop lagging and improve transaction speed.
• By introducing layer two technology
• To also increase scalabity a blockchain could change or switch it's consesus algorithm to improve speed just like btc that is on proof of work (PoW) consesus algorithm which consumes much computational power and time making it more slower too since this can be expensive and time consuming.

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