#BTCUnbound Meaning of the word Binance today (scalable)
In the world of crypto, the word "Scalable" refers to the ability of a blockchain network to handle an increasing number of transactions or users without negatively impacting performance, such as speed or transaction costs. A scalable network can process a large number of transactions per second (TPS) efficiently, making it suitable for growth and widespread adoption. Poor scalability leads to slow transactions and high fees, as seen with the Ethereum network previously, which prompted the development of solutions like Layer 2 (Arbitrum, Optimism). In contrast, networks like Solana and Avalanche offer higher speeds and lower costs, making them more scalable. Scalability is one of the key factors that determines the long-term success of a crypto project, especially with the increasing reliance on decentralized applications (DApps) and the expansion of daily usage.