Artela, a blockchain designed to boost the functionality of existing blockchains, just released a groundbreaking whitepaper titled "Artela Scalability: Parallel Execution Stack and Elastic Blockspace." This whitepaper unveils a completely new architecture for blockchains—one that allows for parallel execution and storage of data.
On top of this, Artela plans to incorporate nodes that can adjust their computing power. This will lead to "elastic node block space," ensuring consistent performance for applications built on the Artela blockchain (dApps). By implementing these innovative features, Artela aims to address the scalability issues that have hampered the growth of many blockchains, ultimately improving the performance of decentralized applications (dApps) running on its network. This groundbreaking approach to scalability and performance sets Artela apart as a promising solution for the future of blockchain technology. With the rising popularity of dApps and the ongoing challenges with Ethereum (ETH) prices impacting transaction costs on the Ethereum network, scalable solutions like Artela could become increasingly attractive.
