Why MicroStrategy Remains Unperturbed by the Crypto Downturn?
Blockchain network congestion occurs when transactions overwhelm the network's capacity, leading to delays
Limited block sizes and time to construct new blocks are the culprits behind network congestion
High transaction volumes, events like ICOs, and increased usage can strain the system and cause congestion
Users may opt to pay extra fees during congestion, but it can make transactions more expensive and less efficient
Blockchain networks work on scalability improvements, protocol updates, and layer-2 solutions to combat congestion
Efficient blockchain transaction processing is crucial for high throughput, low fees, and enhanced data security.