Scalability

Phoschain was developed with scalability in mind, allowing it to perform a high number of transactions per second (TPS) without sacrificing security or decentralization. This capability is required to satisfy the expectations of mainstream acceptance and widespread use of blockchain technology.

Block Size and Time: The number of transactions a blockchain can handle per unit of time is directly influenced by block size and block duration. A higher block size allows for more transactions, but it also raises node storage needs. Shorter block durations can boost transaction throughput, but they can also lead to more forks.

Sharding: Sharding is a mechanism that divides the blockchain network into smaller, more manageable parts known as shards. Because each shard may process its own transactions, the network can manage a greater number of transactions in parallel. Sharding has the potential to dramatically enhance scalability.