Scalability refers to a blockchain’s ability to provide a rich experience for users independent of how many users have this experience. Whether the user’s experience is joining a blockchain’s network, interacting with a DApp, the experience must be excellent to achieve mass market adoption. So, scalability is a key consideration if a technology seeks mainstream adoption.
When a technology can scale in excess of its baseline need for critical mass, it becomes cheaper to operate. This, in turn, lowers the barriers of participation for users. If an experience lacks scalability but has achieved critical mass, it becomes an exclusive experience.
Lack of open-access can be considered an existential threat to blockchain technology outright. As a result, scalability of blockchain technology is more than a lofty goal, it is a requirement for future blockchain technology.
Scalability is critical in order to achieve the experiences and goals of the blockchain industry. One of the most approachable ways to improve scalability in the industry is to consider a decentralized application not as a resident on a single blockchain technology, but an experience that is provided by coordinating many independent platforms and protocols