• Venom is a Layer 0 proof-of-stake (PoS) blockchain solution built to meet the demands of real-world applications.
• Its unique architecture and technology provide high levels of scalability and security, making it ideal for decentralized applications.
• Venom achieves network scalability through its Dynamic Sharding protocol, which divides the network into smaller, more manageable chunks called shards.
As blockchain and crypto become more popular, the number of transactions and users will increase, putting pressure on networks to process more transactions quickly and securely. This can lead to slow transaction times, high fees, and potential security vulnerabilities if not addressed properly. Therefore projects must be able to handle increasing numbers of transactions and users while maintaining high speeds, low fees, and strong security in order to achieve mass adoption.
In order to address this issue several blockchain projects are developing solutions to improve scalability such as sidechains, Layer 2 scaling solutions, and sharding. These solutions aim to increase the network’s capacity to handle more transactions while maintaining its decentralized nature.
Venom’s Dynamic Sharding Protocol
Venom utilizes dynamic sharding which is a partitioning technique used to distribute a peer-to-peer (P2P) network’s computational and storage resources amongst multiple nodes in order for them cooperate efficiently on tasks without overloading any single node or bottlenecking the entire system. By allowing communities to create infinite workchains Venom’s transactional scalability becomes limitless thereby delivering future-proofing.
Venom’s unique architecture offers high levels of scalability and security making it an ideal platform for decentralized applications that require future proofing due its Dynamic Sharding protocol which allows communities to create infinite workchains enabling limitless transactional scalability with out compromising performance or efficiency.