How does scalability affect the choice of blockchain technology for PFP NFTs?

Scalability is a crucial factor to consider when selecting a blockchain technology for PFP (Profile Picture) NFTs. PFP NFTs have gained immense popularity, leading to a surge in demand and transaction volume. Therefore, the chosen blockchain technology must have the ability to handle the growing number of users and transactions while maintaining a high level of performance. Scalability determines how well a blockchain network can handle increased load and process a large number of transactions per second. Solutions like layer 2 scaling, sharding, or side chains can help address scalability concerns. The chosen blockchain technology must have the necessary infrastructure and technical capabilities to support the long-term growth and adoption of PFP NFTs while providing users with a seamless and efficient experience.

This mind map was published on 19 September 2023 and has been viewed 95 times.