An Approach to Enhance Students Digital Fee Payment System in College by utilizing the Weak Blocks in Subchain
Abstract
Continuous expansion of Blockchain Technology (BCT) has resulted in significant advancements across different domains, such as finance, healthcare and supply chain management. With Bitcoin as an example, blockchain technology has completely changed the nature of digital currencies and decentralized financial systems. Scalability and transaction throughput of BC networks is one of their main concerns. This problem has been continuously addressed by Bitcoin, whose decentralized architecture frequently leads to delayed transaction processing times. To improve the Students Digital Fee Payment System (SDFPS) in higher education, we suggest a technique that uses weak blocks in the subchain to speed up transaction processing and boost Bitcoin transaction rates. We offer a comprehensive evaluation of Bitcoin’s performance in relation to the subchain concept, a novel approach to boosting scalability without sacrificing security. Main goal of this research is to apply layered subchain technique to improve speed and efficiency of Bitcoin transactions. Technology behind Bitcoin highlights how important scalability is for SDFPS in blockchain networks. Subchains are introduced, and their potential for accelerating transaction processing is discussed. An in-depth description of the subchain implementation’s architecture and design is made, highlighting the main elements and how they work together. Subchain solution’s development process includes the creation of weak blocks, validation of strong blocks, and the integration with the main blockchain is implemented.
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