In March, the Agora development team completed BOSAGORA’s second layer which called ‘Flash Layer.’ As a result, BOSAGORA’s blockchain ecosystem will be enriched, and the utility value of the network will be higher.
Blockchain’s scalability problem is one of the trilemma issues of blockchain along with decentralization and security issues. It is one of the challenges that numerous blockchain projects have been trying to solve to this day
As the blockchain network grows and the number of nodes participating in the verification increases, the block verification time also increases. A scalability problem arises, and various projects are developing multiple methods to solve this problem. Bitcoin has created a Lightning network that solves transaction speed and transfer fees, and Ethereum is trying to overcome this through sharding using distributed DB technology, plasma or roll-up as a side chain.
Moreover, BOSAGORA developed the second layer, the flash layer. The flash layer can solve transaction speed and scalability by enabling micro-transactions such as payments and connecting only the results to the actual blockchain.