3 ms·
I love the idea that a fundamental economic problem (high demand) can be met with another half-baked technological solution. It's crypto comedy gold. Hint: spee
by officialchicken 5y ago
I love the idea that a fundamental economic problem (high demand) can be met with another half-baked technological solution. It's crypto comedy gold. Hint: speed up the timeline for the deployment of ETH2 / Proof of Stake if you want to lower gas fees - a.k.a. increase capacity beyond 10k transactions a day.
- keymone 5y agoproof of stake has nothing to do with transaction throughput.
- officialchicken 5y agoYes, ETH2 does come with Sharding, but nobody really knows what that is. Proof of Stake is the ETH2 selling point.
- keymone 5y agosharding is a pipe dream. literally no different to just throwing your hands up, spinning up few more parallel ethereum networks and proclaiming you've solved a scalability problem.
- serverholic 5y agoThey are only sharding data. The execution layer isn't going to be sharded for awhile, if ever.
- keymone 5y agolet's see what they actually ship, if ever.
- chrisco255 5y agoSharding is a very simple to understand concept and it's used in database systems today. Effectively, Ethereum's long-term data will become split across 4 partitions (which function as one chain). A validator would not be required to validate data on all 4 shards, they could validate across just one. Ethereum's execution will continue to be serialized while the data layer is parallelized. This allows the chain data to grow without excessive hardware requirements.