- Oct 25, 2021
- Reaction score
Consensys to Address Scaling With Mastercard’s Assistance
Consensys, an Ethereum software company,
According to Consensys, the Consensys Rollups solution will be deployable on enterprise-focused protocol platforms such as
[The goal is] to provide enterprise-grade scalability to leading financial organizations and others, addressing the key challenge of scalable applications on the Quorum tech-stack.
The implementation of such a scaling solution would ostensibly allow these networks to process up to 10,000 TPS, much more than the number of transactions that happen on Ethereum Layer 1 (L1) now. This development follows the
The State of Ethereum L2 Scaling
The Ethereum L2 (Layer 2) scaling panorama has experienced substantial growth this year. According to
This newly developed solution launched yesterday could come to compete with other solutions like
But this is not the only technology used to scale Ethereum.
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