The problem of scaling, a kind of scourge of the cryptocurrency might soon cease to be relevant to Ethereum with the introduction of Sharding Protocol.
As stated in your concise the tweet acne Buterin:
Sharding is coming.https://t.co/Aqo9MBiCj0 pic.twitter.com/FXEQeiKGDr— Vitalik “Not giving away ETH” Buterin (@VitalikButerin) April 30, 2018
The post on Reddit and a series of tweets, which were published yesterday, Buterin proposed a “package of ideas” to implement in Ethereum.
Sharding is a method of increasing the number of transactions that can handle the blockchain. The method works directly on the blockchain (and not outside it as some other solutions). Resources of a distributed network are distributed in such a way that allows them to process more transactions in less time.
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Buterin assumes that the time required for processing blocks “sharding” divided between the groups of computers that will be about ten seconds. In a series of tweets Buterin wrote:
I would not say that the specification is complete, but we already have a package of ideas. Recent studies are combining existing ideas solving the scaling problem and reduce the processing time of the blocks.
The developers of Ethereum already for quite a long time looking for ways to improve scaling on the blockchain that would enhance the competitiveness of the network with such giants as Visa.