$BTC 1. Bitcoin is too slow.
Problem: Bitcoin has a block time of ~10 minutes and limited throughput (~7 TPS).
Solutions:
Layer 2 solutions: Use Lightning Network for faster, cheaper payments off-chain.
Sidechains: Networks like RSK or Liquid allow faster BTC transfers with interoperability.
Batching transactions: Combine multiple payments into a single on-chain transaction.
2. Ethereum gas fees are high
Problem: Congestion in Ethereum network drives up fees.
Solutions:
Layer 2 scaling: Use rollups (Optimism, Arbitrum, zkSync) to move transactions off the main chain.
Alternative chains: Consider using cheaper EVM-compatible chains like Polygon, Avalanche, or BNB Smart Chain.
Fee optimization: Schedule transactions during low network demand or use smart contracts optimized for lower gas.
3. Solana network congestion / failed transactions
Problem: Even Solana, designed for high TPS, can face congestion during heavy usage (NFT drops, DEX activity).
Solutions:
Retry logic: Implement automated retry for failed transactions in apps.
Transaction splitting: Split large batches into smaller transactions to reduce congestion risk.
Alternative high-throughput chains: Sometimes using chains like Aptos, Sui, or Layer 2 Solana-based solutions can help.
✅ General strategies across networks
Cross-chain bridges: Move assets to less congested chains temporarily.
Use wallet features for priority fees: Some wallets allow adjusting fees dynamically.
Adopt newer protocols: Ethereum’s shift to Proof-of-Stake (and sharding in the future) aims to lower fees and increase speed.
#TrumpProCrypto #solana #update
