Scaling and Cost-saving
Coinweb scales blockchain operations by orders of magnitude by reducing the number of bytes of each transaction using batching and compressing.
The protocol executes smart contracts in parallel, both on individual blockchains and on top of combinations of blockchains simultaneously. This removes sequential execution bottlenecks and allows horizontal scaling over multiple blockchains.
Batching Transactions
Batching transactions in our layer 2 helps save on gas fees and scale blockchain operations by reducing the number of individual transactions processed on the L1, improving network efficiency and reducing congestion. Computational scaling is enabled by the parallel execution of smart contracts.
Coinweb's scaling capabilities are paving the way for blockchain technology to go head-to-head with traditional transaction systems.