A common standard for comparing Layer-1s is how they prioritize the spectrum of Blockchain Trilemma (security, scalability, and decentralization). For the sake of this video, we will be discussing scalability. The main elements of scalability that can be increased are throughput (transactions per second) and transaction speed (finality). Scalability is necessary for widespread crypto adoption because it improves user experience and enhances the scope of which applications a blockchain can optimally support (i.e., order-based DEX).
Publish Date: July 27, 2022