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5 things only massively scalable enterprise blockchains can do

After a dark few years in the wake of the FTX collapse and the digital currency winter that followed, there’s light at the end of the tunnel, and optimism is returning to the enterprise blockchain industry. This time, the focus is squarely on utility and scalable ledgers. While niche applications can exist on limited chains like BTC and Ethereum, these low-throughput, high-fee ledgers won’t cut it for genuinely game-changing use cases. Let’s unpack some of those use cases and explore why only unbounded, high-capacity, low-fee public blockchains can deliver the better world we want to see. Bitcoin was designed as an electronic cash system, and Satoshi Nakamoto had payments in mind when he released it. You don’t need to read further than the title and abstract of the white paper to realize that. However, Visa alone processes 5,000 transactions per second on average and can handle up to 65,000 during peak times. BTC, with its limited capacity of seven transactions per second, will never be able to handle that, and the Lightning Network is not a viable solution: opening and closing channels is too costly, and it suffers from multiple security vulnerabilities.

Full report : 5 things only massively scalable enterprise blockchains can do.