New wave of crypto users demand seamless Web3 experience

The expansion of the blockchain ecosystem calls for better scalability solutions to prevent performance degradation caused by the influx of new users

.The growth of the blockchain market, fueled by the user influx and approval of Bitcoin ETFs, is increasing the importance of scalability solutions such as MultiversX. The platform uses adaptive sharding to improve performance without compromising user experience or security.

The lack of scalability, often considered the Achilles heel of traditional blockchain protocols, results in high fees and low transaction speeds whenever a significant increase is experienced in user demand. MultiversX addresses the need for scalability challenges by using adaptive state sharding, which allows the network to scale dynamically.into smaller pieces, each of which can process transactions independently.

“The end goal was always to propose solutions that resolve pressing issues, not just for Web3, but for the financial system, gaming, music, art and entertainment,” said MultiversX CEO Beniamin Mincu, adding:

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