Vitalik Buterin, founder of Ethereum: Sharding is coming

The amount of transactions on Ethereum has increased significantly over the past few years, resulting in higher transaction fees. At the same time, the large amount of transactions also created occasional congestion on the network.

2.5 months ago we reported that Ethereum is working on a technology called ‘sharding’, which aims to scale the network.. Sharding is a concept that aims to divide the Ethereum blockchain into smaller segments that can be processed in parallel.. In other words, the throughput and capacity of transactions will be much better than before with sharding.

Ethereum’s founder, Vitalik Buterin, on his personal Twitter account, ‘Sharding is coming’, proving how this scaling solution can be integrated into Ethereum’s main chain. published a new proof of concept.

Buterin stated that the sharding features are still under development, but the latest update shows that the team has come a long way in the project. The latest update on sharding, which is regarded as a shard, is a warning that the scalability issues that still remain will be resolved sooner than expected. r can be seen as a sign.

Buterin also announced a new scaling solution for smart contract project Plasma last March.

→ BRAVE FORECAST FOR ETHEREUM: 3-4 END OF YEAR THOUSAND DOLLARS

Leave a Reply

Your email address will not be published. Required fields are marked *