Using Layer-2 Technologies to Improve Smart Contract Scalability
Blockchain-based smart contracts have the potential to replace traditional contracts with decentralized contract enforcement in a way that does not involve a third-party intermediary. While smart contracts inherit key advantages from the base-layer blockchain infrastructure, such as decentralization, immutability, and transparency, they are also subject to the same trilemma that blockchains face: scalability, security, and… Read More »
