{"id":159008,"date":"2023-09-20T04:35:19","date_gmt":"2023-09-19T23:05:19","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=159008"},"modified":"2023-09-20T04:35:19","modified_gmt":"2023-09-19T23:05:19","slug":"blockchain-scalability-is-a-solved-problem-says-offchain-labs-ceo-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/blockchain-scalability-is-a-solved-problem-says-offchain-labs-ceo-crypto-news\/","title":{"rendered":"Blockchain scalability is a ‘solved problem’ says Offchain Labs CEO – Crypto News"},"content":{"rendered":"

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Blockchain scalability is no longer the biggest barrier for public blockchain adoption, says Offchain Labs\u2019 Steven Goldfeder.<\/p>\n

Goldfeder, Offchain Labs\u2019 chief executive, said during the Real World Asset Summit held in New York City on Tuesday that the biggest challenges faced by ecosystems today center around the creation of tools with better user interfaces and regulatory compliance.\u00a0<\/p>\n

\u201cScalability is very much a solved problem today,\u201d Goldfeder said. He went on to note that scaling is a never-ending process that blockchain infrastructures today are equipped to handle.<\/p>\n

\u201cThat\u2019s not the problem that ecosystems are working on today. It\u2019s about user interface and compliance,\u201d he said.<\/p>\n

Read more:<\/strong> What we need to scale blockchain technology into the future<\/a><\/p>\n

Resolving such issues would ease the path for larger institutions, including banks, according to Provenance Blockchain CEO Anthony Moro.\u00a0<\/p>\n

That sentiment was shared by Charlie You, co-founder of RWA.xyz, who said that existing institutions and users aren\u2019t interested in the tech behind blockchain protocols. Rather, they care whether they\u2019re\u00a0 safe and legal to use.<\/p>\n

You went on to say that developers should consider different kinds of users when building.<\/p>\n

\u201cA lot of existing RWA<\/a> users are not crypto users; there are a lot of people who are using these products, but they are not the same people who are using Uniswap,\u201d You said.\u00a0<\/p>\n

Sergey Gorbunov, the co-founder of Axelar, added: \u201cIt\u2019s important to make it easy for people to have easy flow to on-ramp into these structures.\u201d<\/p>\n

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Don\u2019t miss the next big story \u2013 join our\u00a0free daily newsletter<\/a>.<\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Blockchain scalability is no longer the biggest barrier for public blockchain adoption, says Offchain Labs\u2019 Steven Goldfeder. Goldfeder, Offchain Labs\u2019 chief executive, said during the Real World Asset Summit held in New York City on Tuesday that the biggest challenges faced by ecosystems today center around the creation of tools with better user interfaces and […]<\/p>\n","protected":false},"author":2,"featured_media":159009,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-159008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/159008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=159008"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/159008\/revisions"}],"predecessor-version":[{"id":159015,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/159008\/revisions\/159015"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/159009"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=159008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=159008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=159008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}