Acne Buterin: with the approach of Sharding, scaling for Ethereum will cease to be a global problem

Acne Buterin: with the approach of Sharding, scaling for Ethereum will cease to be a global problem

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 approaches.

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.

Read also – the Forecast: the price of Ethereum will reach $ 2,500 by the end of 2018

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.

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