International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 7, Issue 2 (March-April 2025) Submit your research before last 3 days of April to publish your research paper in the issue of March-April.

SCALABILITY IN BLOCKCHAIN TECHNOLOGY: CHALLENGES, SOLUTIONS, AND FUTURE DIRECTIONS

Author(s) Mr. Sanchit Singh Sehrawat
Country India
Abstract Multiple industries bear great potential from blockchain technology although scalability issues create barriers to mass implementation. This paper investigates the basic scalability difficulties of blockchain systems while analyzing the trade-offs from the blockchain trilemma which includes decentralization, security and scalability. We conduct a discussion about consensus procedures which determine scalability strength and we evaluate Proof of Work (PoW), Proof of Stake (PoS), Delegated Proof of Stake (DPoS) and Practical Byzantine Fault Tolerance (PBFT). This paper evaluates both on-chain and off-chain solutions such as block size enlargement along with Segregated Witness (SegWit) and sharding and payment channels and sidechains. We study Layer 1 and Layer 2 scaling solutions to deliver extensive information regarding blockchain scalability improvement methods which create paths toward future technological advancement.
Keywords Blockchain, Scalability, Consensus Mechanisms, On-Chain Solutions, Off-Chain Solutions, Layer 1, Layer 2, Blockchain Trilemma.
Published In Volume 7, Issue 2, March-April 2025
Published On 2025-04-04
DOI https://doi.org/10.36948/ijfmr.2025.v07i02.40095
Short DOI https://doi.org/g9dgvc

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