Industry Perspective
Colisto protocol’s excessive resource consumption can be attributed to its intricate encryption mechanism, which involves multiple rounds of hashing and elliptic curve cryptography (ECC). Moreover, the protocol’s reliance on a decentralized, trustless network introduces additional overhead due to constant node synchronization and consensus-building processes.
Strategic Implications
To mitigate these performance constraints, Colisto protocol designers should consider optimizing the encryption algorithms, reducing the number of hashing rounds, and exploring alternative consensus mechanisms that offer better scalability. Additionally, investigating hardware-based acceleration techniques and leveraging cloud-based infrastructure can further enhance performance and accommodate increased transaction volumes.
