Blockchain scalability solution

The cryptocurrency sector confronts a critical scaling difficulty, particularly regarding transaction speed; transactions speeds on some blockchains are slower than standard payment methods. Nevertheless, according to data from CC Data, stablecoins in April alone witnessed $2.18 trillion of turnover, compared to Visa which typically has a turnover of less than 50% of this volume. Yet, despite this, crypto groups seek novel ways to bypass this barrier. Continuous research and development have the potential to result in significant advancements, perhaps leading to lightning-fast transaction speeds in the future. Public blockchains have scalability limits resulting in slow transaction speeds (restricted throughput), exorbitant transaction fees and excessive delays in transaction confirmation. For example, according to Y-Charts, this time last year a Bitcoin transaction as $5 recently it has been as a high as $86 to execute a transaction To execute transactions on the Bitcoin blockchain i…