Ethereum Announces “Unlimited” Scalability Roadmap
Vitalik Buterin, founder of Ethereum, has laid out an incredibly ambitious roadmap with “unlimited” scalability within two years in a 43-page analysis of blockchain technology and its strength and weaknesses in a public or private setting. “The long term goal for Ethereum 2.0 and 3.0 is for the protocol to quite literally be able to maintain a blockchain capable of processing VISA-scale transaction levels, or even several orders of magnitude higher, using a network consisting of nothing but a sufficiently large set of users running nodes on consumer laptops.” The ambitious goal follows....
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Creditbit recently announced the second phase of development following the launch of its second roadmap. Creditbit is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code. Creditbit recently announced the second phase of development following the launch of its second roadmap. As a part of Credit 2.0, Creditbit....
A lot of the work is done in parallel, meaning scalability is closer than it seems. Following the successful launch of Ethereum 2.0 Phase 0 — the first concrete step in building the next iteration of the protocol — Ethereum co-founder Vitalik Buterin published an updated roadmap of what comes next for the project.The current development of Ethereum 2.0 is generally divided into phases. Phase 0 is the barebones Beacon Chain that enables staking but has no effect on the application layer. Phase 1 introduces sharding of data, increasing storage capabilities without directly influencing....
Ethereum second layer scalability company StarkWare confirmed the rumors about the upcoming launch of the StarkNet token. The asset is aimed at enabling the project to operate a decentralized ecosystem and to create an effective mechanism to “direct its evolution”. Related Reading | Polygon Climbs 20% On Disney Glee – Can MATIC Sustain Gains This Month? The StarkNet is an Ethereum second layer scalability solution based on Zero Knowledge (ZK) Rollup technology. This provides decentralized applications (dApps) with “unlimited” scalability without compromising security,....
In a two-hour Bankless podcast episode, the Ethereum co-founder discussed his plans to make Eth2 succeed. Vitalik Buterin has walked listeners through a five-part roadmap on the latest Bankless podcast where he outlined the necessary steps for Ethereum to survive and thrive. In order to achieve ultimate scalability and decentralization, Butalik claimed that Ethereum needs to be more agile and more lightweight in terms of blockchain data so that more people can manage and use it.At the beginning of December, Buterin also published an article titled “Endgame” where he makes the case that all....
The software platform Cardano has entered the third stage of its roadmap, the Basho era. It promises to improve the network’s performance and scalability. Cardano’s roadmap is “a summary of Cardano development” divided into five eras to deliver improvements in diverse functionalities of the network that are “delivered across multiple code releases”. Now that the platform’s core smart contract capability Plutus has been deployed, the launch of the Basho era focuses on scaling Cardano, promising “Parameter adjustments, improvements,....