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Ethereum's Creator Vitalik Buterin Proposes Sharding for EOS

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  • Vladislav Sopov
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    Shortly after EOS.IO’s CTO Dan Larimer published a proposal to resolve the EOS CPU issues, the community started to discuss it. Ethereum's Vitalik Buterin also spoke.

Ethereum's Creator Vitalik Buterin Proposes Sharding for EOS
Cover image via vk.com
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Despite being acerbic Twitter speakers, the heads of teams behind the crypto behemoths rarely criticize one another or give advice to colleagues. The reaction by Vitalik Buterin (Ethereum's network creator) to Daniel Larimer (EOS.IO's CTO) and his plans for solving the CPU challenges have excited both communities.

One Shard, One Block Producer

The consensus design by Vitalik Buterin to EOS seems to be quite simple. Two steps have been proposed:

  1. EOS Network should implement sharding. This means that the whole blockchain should be divided into shards, or multiple interconnected parts. These shards will interact in a different manner.
  2. Each block producer on the network should be assigned to a random shard. Thus, the computational capacity of each block producer will be utilized effectively and only responsible for maintaining the shard.
Vitalik Buterin proposes sharding for EOS
Image by: https://twitter.com/VitalikButerin/status/1200050320174460928

As a result, the implementation of sharding will improve the EOS network bandwidth. It will be available due to the reduced amount of data every block producer has to validate.

Debates Growing

This idea Mr. Buterin was expressed after Mr. Larimer of EOS.IO proposed his plans of tackling the problems of that resulted in the EOS CPU collapse. Mr. Larimer said that it would be productive to make EOS participants lease a CPU from a central point instead of the REX market. In this case, exponential growth from CPU time price will prevent network abuse.

As with regards to Mr. Buterin proposal, different views have been expressed on Twitter. Some speakers say it would be useful for EOS to consider the creator's opinion, while others are calling Mr. Larimer to have a personal discussion with Mr. Buterin. There are also those advising Mr. Buterin to take care of the sharding "on his own" network.

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EOS.IO Blockchain’s Daniel Larimer Told How He Will Solve CPU Issues on EOS Network

EOS.IO Blockchain’s Daniel Larimer Told How He Will Solve CPU Issues on EOS Network

Ethereum 2.0, the sharding & PoS-based version of Ethereum, will most likely be implemented in 2020. Terms of an EOS system upgrade has not been disclosed yet.

Whose side are you on? Will EOS implement sharding? Start the discussion on our Twitter!

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About the author

 Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockhain. Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

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Bitcoin Price Predicted to "Rocket Up." $7,400 Level Reclaimed by Bulls

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  • Alex Dovbnya
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    The Bitcoin price could soon touch $7,800 if bulls persist, but this move could be a short-lived one

Bitcoin Price Predicted to "Rocket Up." $7,400 Level Reclaimed by Bulls
Cover image via u.today

Popular crypto trader Wendy O recently predicted that the price of Bitcoin would "rocket up" if it managed to surge above the $7,400 level. 

Bitcoin Price
image by @CryptoWendyO

Shortly after that, the BTC price did rise above the aforementioned level, currently sitting at $7,444, according to CoinStats data

Bitcoin Price
image by coinstats.app

If the aforementioned forecast turns out to be accurate, Bitcoin traders could soon see another fakeout, which would be similar to the one that took place on Dec. 4. As reported by U.Today, BTC printed a massive green candle in less than a minute, but this unexpected pump quickly evaporated.     

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Tim Draper Says His $250,000 Bitcoin Price Prediction Is Not Based on Halvening

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Earlier today, multiple traders predicted that Bitcoin was about to make a big move in either direction, but $7,800 seems to be the main area of interest for them. The leading cryptocurrency hasn't touch this level since Nov. 30. 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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