Sharding, not to be confused with sharting 💩, is the future of blockchain scaling. Tune in to learn more about Ethereum sharding as well as scaling for other projects.
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Sharding in blockchain is very early and a long way in the future. Meanwhile Vitalik also proposed Plasma for Ethereum blockchain as a scalability solution . NEO working with trinity And of course LIghtning Network for Bitcoin . Out of all these as a payment gateway i personally believe LN will do the best. But an on-chain scaling with sharding will be really interesting .
I think sharding is native to blockchain if it happens , but for now on and off combined solution is workable for Bitcoin , at least in near terms.
Thank you Michael for the explanation.
Sharding is proving essential in helping us achieve the speeds necessary for the transactions within the blockchain. Consequently, this technology has found itself in a position that every venture want to utilize. As such here a blockchain cryptocurrency that is set to improvise the Sharding technology to reclaim faster transactions and investing.
Etherium shardring? I heard this first time..
"Sharding is a type of database partitioning that separates very large databases the into smaller, faster, more easily managed parts called data shards"
I really support sharding. sharding able to minimize the world's problems related to data. scaling of blockchains in it is just one attempt to get there. it's a remarkable development
I agree that
I'm too
good review as always
Oh great video. Loved the information. Yeah it will be good to see who is going to use sharding properly in cryptocurrency. Sharding blockchain it big project that process all the transaction which may become the future too.But there will be a lot if challenge. I want to know more about sharding i am going to follow you in instagram. Thanks for sharing it with us..@boxmining
In order to perform a transaction on Blockchain today, all computers, or nodes, in the network must validate the transaction or execute a smart contract, a piece of code stored in the network that delineates the conditions necessary for the transaction to be carried out. If all nodes achieve the same result and reach a consensus, the transaction is confirmed. As you can imagine, this takes time.
Sharding, on the other hand, runs on the parallel processing power of multiple networked machines that split up the workload of verifying transactions. It automatically divides networks into smaller sections, or “shards,” each of which runs a smaller-scale consensus protocol.
Processing in parallel, such a network is capable of churning out hundreds of transactions per second per shard, for a total of thousands of transactions per second.
As more nodes join, the network will become increasingly faster at validating transactions. Once such a network is as large as that of Ethereum, it will be able to handle so many transactions per second that it makes it faster and potentially cheaper than VISA.
If such systems achieve the speed necessary to take on the workload of our current banking system without sacrificing the permission-less nature of distributed networks, dApps that make use of everything from auctions to payments will be able to operate on its robust, secure, and efficient protocol. Sharding may help facilitate a major breakthrough in solving Blockchain’s scalability crisis.
Hi Boxmining, Please Speak more about sharding I don’t know what you are are talking about actually.
Hi @boxmining, I have subscribed to your youtube channel and got a lot of great knowledge about cryptocurrencies and blockchain.
Thanks a lot sir.
Nice vídeo @boxmining !
Do you know that HIGH PERFORMANCE BLOCKCHAIN will make public test today?
Nice Video @boxmining
And It would be cool to see you put out a more detailed discussion on sharding (i.e., pros / cons, current development progress across major projects.
Much of the ease with which owned this Blockchain which is good news for all concerned. From the eyes of the consumer, the flow of transactions that are easy, quick, inexpensive, transparent and of course an advantage. However, at the beginning of his appearance, the existence of Blockchain can scorn and despised by banking players. Fair enough, because banking is one example of a third party who try trimmed by amenity Blockchain
Hi Mikel !
Thanks a lot for your video. This really explained shading very well in my opinion and I really think it could of course help to scale the network but we also have to consider that it is more vulnerable to attacks as well. But as long as they can make it safe it is totally nice.
Hi wow thanks a lot for your upvotes. I really appreciate that. Thanks.
Great review it's sharding is best for blockchain thanks for great explanation keep it up and stay blessed.
dear @boxmining
its good post,,thanks for sharing ,,
its great help of Sharding which needs to speed gain,,thanks for your crypto
first thank you @boxmining
this is great information for steemit members.
I also support shady but not to the fact that it got sloopy somethings...
Well not the fact you got a nice post!.. Keep up the good work Sir
I'm only aware of sharding being used by Zilliqa (ZIL) and Universa (UTNP).
The scaling solutions that are being developed at the moment are the Lightning Network, Schnorr signatures and Nimblewimble (Monero is ahead of the game on this one)
https://steemit.com/bitcoin/@sandwichbill/will-scaling-solutions-like-the-lightning-network-solve-bitcoin-s-problems
Why this 3 minute video is buffering so much ?
Sharding seems to be the future because the various crypto networks have to be able to calculate more transactions at a faster rater. Thanks for the explanation!
great review @boxmining
Yeah! sharding is the best for new blockchain technology and in cryptocurrency. Its solution is best ever, i like the way that you're explaining about sharding! i liked it, @boxmining Thumbs Up!!!
I really support sharding.sharding play very beneficial role for blockchain technology and cryptocurrency. . Thank you so much for revealing great news which is very useful. . dear @boxmining
Thanks dear your excellent bitcoin and cryptocurrency new very useful and interesting....and your family dtube video awesome I really like your post thanks for sharing your excellent idea....and I resteem your excellent post.....
ohh thats great sharding is the best for new blockchain technology thanks for sha=ring you have great ibnformation about crypto nice to see it hope learn from you
my dear @boxmining sir
great job ,,,thanks for your crypto based posed ,,,thanks for sharing
really your post is very important for cryptocurrency.
your post is great@boxmining
you always giving alots of great idea of cryptocurrency and blockchain.now.i am subscribed this you tube chanell of you because its very helped me my steemit work doing properly.. harding able to minimize the world's problems related to data. scaling of blockchains in it is just one attempt to get there. really great thought of you.its develop doing all steemit friends work matter of steemit platform...very great work dear..@boxmining
the promise of sharding is no doubt a great solution to the scaling conundrum!
wow!
its great post Blockchains Scale thats how well,,,thanks for sharing crypto
Great video boxmining.
Thanks for share information about cryptocurrency. Great job and excellent work i appreciate you.
No doubt sharding is the future of blockchain. It will help many crypto holders in future. Its growing day by day and it will take over the world one day.
Ethereum without sharding is like a one room game of PUBG. There's a max number of players in a game, but more people can play if they create multiple rooms to que up for. Thus the game run "smoothly" and can scale.
Hi bro @boxmining i just upvote u as i like it pls support me and upvote me bro i am new on steemit
You are doing great work bro!
The easiest way to do something related market is if you know scale... This is the easiest way of understanding crypto...
With transaction fees, because transactions require a fee to be processed the demand for them is not unbounded and thus controllable via economics.
Great news for our ,shareding how to future of blockchain scaling.and also dtube video is amazing ,thanks for sharing with us @boxmining
Resteem done
WOW THANK YOU VERY MUCH SIR......... THANK YOU FOR YOUR KINDNESS POST........
This post will encourage us to do the job in steemit.
Sharding in blockchain is very early and a long way in the future. Meanwhile Vitalik also proposed Plasma for Ethereum blockchain as a scalability solution . NEO working with trinity And of course LIghtning Network for Bitcoin . Out of all these as a payment gateway i personally believe LN will do the best. But an on-chain scaling with sharding will be really interesting .
I think sharding is native to blockchain if it happens , but for now on and off combined solution is workable for Bitcoin , at least in near terms.Sharding is proving essential in helping us achieve the speeds necessary for the transactions within the blockchain. Consequently, this technology has found itself in a position that every venture want to utilize. As such here a blockchain cryptocurrency that is set to improvise the Sharding technology to reclaim faster transactions and investing. THANK YOU FOR YOUR INFORMATION @BOXMINING 👏👏👏💯💯💯❤❤❤😃😊😃😊😃😊😃
Etherium shardring? I heard this first time..
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