What does scalable mean in Crypto?
What does scalable mean in Crypto? The main goal of scalability is to increase transaction speed (faster finality), and transaction throughput (high transactions per second), without sacrificing decentralization or security (more on the Ethereum vision).
What makes a business scalable?
In the context of business, scalability describes the ability of a business to cope with challenges efficiently and maintain or increase profits as it grows, in the simplest terms. So, in a way, it refers to the meaningful growth of a company, in which profits go up as the expenses go down.
How do you know if something is scalable?
A system may be considered scalable if it can adapt to the changing needs or patterns of its users. It is often a sign of competitiveness because a scalable network or system is ready to handle increased demand, trends, and needs, even with the emergence of new competitors.
What makes a product scalable?
Scalability is the ability of a system to grow to meet a company’s business needs. It is the ease with which the supply of a product, service or process can be expanded to meet changing levels of demand.
