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  1. Web3 Overview
  2. The Web3 Ecosystem
  3. Smart Contract Platforms

How do we Solve these Problems?

Note: Data in this section last updated August 26th, 2022

PreviousWhat are the Problems with Smart Contract Platforms?NextOn-Chain Solutions

Last updated 2 years ago

Rest assured that the Ethereum foundation is working hard to find solutions. As Vitalik said:

Currently, there are several proposed strategies to solve Ethereum’s Scalability problem, and they can be broken into two categories:

  • On-Chain Solutions: On-Chain solutions focus on improving the native blockchain itself. The most popular flavors are i) Consensus Protocol Improvements and ii) Multi-Chain Architectures

  • Off-Chain Solutions: Off-Chain solutions move transaction, data and or / security off of the native blockchain to increase efficiency. Popular off-chain solutions include Rollups, Side Chains, Plasma and Validium

Let's explore these further...

👉
Source:
Messari