Loading cryptocurrency prices...

Vitalik Buterin: ‘Sharding Is Coming’

- Advertisement -

Dramatic improvements to Ethereum’s transaction processing throughput might be closer than previously thought, according to recent social media hints from Vitalik Buterin.

“Sharding is coming,” wrote Vitalik Buterin in a three-word tweet yesterday that received nearly 2,000 retweets and over 4,000 likes as of press time.

The creator of Ethereum included a hyperlink to a newly consolidated GitHub code repository containing proofs-of-concepts for sharding’s new fork choice rule, including research files containing four related Python implementation scripts. A fork choice rule is essentially a mechanism that lets nodes identify the canonical chain in the event of a fork.

The social media posting is Buterin’s latest in recent weeks to inform the ecosystem of forthcoming changes to the functionality of the Ethereum blockchain. Designed to massively improve transaction speeds, sharding uses “shard chains” – or blockchains attached to the main Ethereum chain – so that the main Ethereum chain can run faster.

- Advertisement -

As stated by the Ethereum developers, “the primary goal is a massive scalability improvement,” to which Buterin added yesterday in his informal – yet highly useful – tweet storm: “The overriding principle is ‘get maximally close to equivalent properties to a single chain.'”

Sharding is one of Ethereum’s oldest milestones still left uncrossed and was recognized as one of the most promising second layer solutions to scaling the blockchain.

“I would not say the spec is finalized at this point,” wrote Buterin, “though the ‘bag of ideas’ is [in my opinion] pretty well-established. The latest research consists of combining together existing ideas about scaling and latency (i.e., block time) reduction.

ETHNews will continue to monitor sharding developments.

Jordan Daniell is a full-time staff writer for ETHNews with a passionate interest in techno-social developments and cultural evolution. Jordan enjoys the outdoors, especially astronomy, and likes to play the bag pipes and explore southern California on foot in his spare time. Jordan lives in Los Angeles and holds value in Ether.

Like what you read? Follow us on X @Bitnewsbot to receive the latest Vitalik Buterin, sharding or other Ethereum ecosystem news.



Previous Articles:

- Advertisement -

Latest News

Bitfarms Eyes NVIDIA’s Vera Rubin GPUs Amid Earnings Miss, Stock Falls

Bitfarms reported third-quarter revenue of $69 million, missing the expected $85 million target.The company’s...

Michael Saylor Calls MSTR a “Digital Treasury”—Claim Sparks Debate

Michael Saylor described Strategy (formerly MicroStrategy) as a "digital asset treasury."The company holds Bitcoin...

FanDuel Teams with CME for New Prediction Markets App Launch

FanDuel and CME Group will launch a new prediction markets app, FanDuel Predicts, in...

Europol Takedown Targets Rhadamanthys, Venom RAT, Elysium Botnet

Law enforcement disrupted Malware operations involving Rhadamanthys Stealer, Venom RAT, and the Elysium botnet.The...

Ripple XRP Near ETF Launch: Price Dips Before Rally to $8 and $20

Ripple XRP is near the launch of its ETF era with Nasdaq approving the...
- Advertisement -

Must Read

6 Best VPN Providers That Accept Monero

Privacy and anonymity are probably the most important things that we should all consider in today's internet era. Although there are a lot of...