Imagine a super-fast race car, but with really slow wheels! That's kind of what's happening with cryptocurrency. Blockchains (like digital ledgers) are getting super fast, but the way we get information from them is still very slow. This is a big problem for people using crypto.
- Blockchains are getting much faster, handling many transactions per second.
- But getting data from these blockchains is slow, like waiting ages to load a website.
- This slowness is hurting traders and making it hard for new users.
- Experts want to improve how we access blockchain information to make things faster.
Problem | Solution |
---|---|
Slow data access (20+ seconds) | Faster data access (100-150 milliseconds) |
Outdated technology | New systems needed |
90% of dev resources used on infrastructure | More efficient infrastructure |