Scalability and its Effects on the Environment
Scalability, a feature that most cryptocurrencies should have since it covers how a coin is to fare against the tests of time, has been a challenge and a goal most cryptocurrencies in the market are hoping to achieve since the first crypto broke into existence.
Add to this the fact that not only does it exude its effects in the cryptocurrency space, but as well as outside, especially in the environmental aspect.
In that regard, let’s discuss how poor management of a coin’s scalability not only affects a particular project’s future, but as well the environment, and ultimately how CUDOS ultimately took care of this.
For one, bad scalability happens when a project fails to consider how the future would affect the cryptocurrency’s ability to be future-proof, and could ultimately bring down the project to a position of high disadvantage.
Crypto projects who are operating under an energy-inefficient network are the most common offenders of this, as most of the time with projects like these, they fail to consider how big it can get, and therefore would fail to take into account the scalability.
Good thing CUDOS has cracked the code, instead of operating in a proof-of-work system like most projects in the cryptocurrency space do, they instead opted for a more future-proof, and most of all energy-efficient and in conclusion more environment-friendly consensus. Projects like CUDOS should be at the forefront of the future of cryptocurrency.
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