Blockchain

Story: Blockchain Sharding by Ethereum 2 (Eth2) and MultiVAC (MTV): Scaling Transaction Speed…

By Ayobami Abiola

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Ethereum Eth2

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Multidimensional Sharding- MultiVAC

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A basic fact for consideration for Sharding

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Sharding is an algorithm that allows miners on a blockchain to be divided into groups to confirm transactions simultaneously.

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Ethereum developers introduced the sharding model to be incorporated into Eth2 still in the test mode soon to be operational.

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MultiVAC upped the sharding principle by introducing multi-dimensional sharding. The project introduced a unique innovation based on sharding that doesn't sacrifice speed for…

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The VRF also randomly selects a set of miner nodes to find a block. When a transaction is made by the light nodes, it is sent to the storage node on the shard which stores the…

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MultiVAC is still in its test net, the community is waiting earnestly for its main net launch. 

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Sharding might not be efficient or reasonable if the number of miners on a network is considerably low in number.

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