Elastic Transaction Processing refers to the ability of a blockchain network to dynamically adjust its transaction capacity based on demand. This means that during times of high activity, the network can scale up to accommodate more transactions, while scaling down when demand decreases. This flexibility helps maintain efficiency and reduces congestion. Instead of being limited by a fixed transaction limit, the network can optimize resource usage, ensuring faster transaction confirmations and lower fees.Various techniques, such as sharding, layer-2 solutions, and adaptive block sizes, are employed to achieve this elasticity. By utilizing multiple chains or secondary layers, they can offload transactions while still ensuring the main chain remains secure and robust. In summary, Elastic Transaction Processing enhances user experience by offering a more responsive and efficient system, able to handle fluctuations in transaction volumes without compromising performance or security.