Numerous enhancements have been built on top of the existing blockchain protocols to function more efficiently or make the blockchain application suitable to implement the desired functionality. We will discuss a few of the enhancements that require major protocol modifications.
Blockchain enhancements
Sharding
One of the critical issues that Bitcoin and other existing blockchain platforms face is scaling the applications in the blockchain network. Storage is the main factor that is slowing down the scalability of decentralized applications. Every full node in the blockchain stores the entire blockchain history to verify the transaction. Instead of storing redundant data on every node, data can be distributed cleverly on the...