Blockchain
By Steven Anderson
1 / 12
Ethereum (ETH) Scaling Parallels and Opinions
2 / 12
Vitalik opines that control is a liability. Vitalik recently gave a quick recap of short and medium term details of Ethereum Scaling.
3 / 12
TLDR provides for Ultra-high scaling with sharding + rollups, which is set to be made possible in phase 1. Sharding is NOT cancelled.
4 / 12
Sydney Ifergan, the crypto expert tweeted: “Ethereum (ETH) are getting lot of feedbacks and reviews about how they are trying to scale.
5 / 12
Will Harborne, CEO @ Diversify opined, TLDR; scaling blockchains is hard, and if you are a builder on Ethereum don't hope that moving to Layer 2 is instantly going to solve your…
6 / 12
Someone responding to Will Harbone felt that it looks like someone is using reason. Also, thanked them for bringing these perspectives.
7 / 12
Will Harborne when talking about scaling, stated, if someone is telling you that 'their' scaling solution is superior in every way, they are likely either pumping their bags or…
8 / 12
Every blockchain scaling solution has a different set of trade-offs, and as a result has certain advantages AND disadvantages.
9 / 12
Further stated, that it is not possible to optimize for every desirable parameter without giving up on something else.
10 / 12
He also recalled how at Diversify, they chose Validium as they thought that it had an optimal set of trade-offs for an exchange.
11 / 12
Harborne also stated that Layer 2 scaling is still entirely in its infancy. He pointed to how the first challenge for DeversiFi is for making the technical jump to use the…
12 / 12
The next set of challenges, which is getting tackled are equally complicated but don't become obvious until you're actually facing them.
The Currency Analytics
Want the full story?