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Vitalik Butrin: Ethereum will soon become “100 times” more scalable


Ethereum creator Vitalik Butrin said in a new statement that until the completion of the Ethereum 2.0 sharding development, the digital currency network will use a rollover transaction solution to solve the scalability problem.

to the the report “The Ethereum network is about to increase its scalability 100 times,” said Coin Telegraph, Butrin, who appeared on the Time Ferriss podcast. He predicted that Optimism would implement its second-tier solution in the Ethereum in the coming weeks.

In another part of his speech, he said that the developers of Ethereum 2 are working on integrating this network with Ethereum. According to Butrin, developers are confident that until the full development of Sharding, second-tier solutions can overcome network problems. Butrin added:

Ability to classify transactions will be executed in Ethereum soon. We are quite sure that it will take a long time when we need more scalability [توسعه] Sharing is over.

Transaction classification is a second tier solution that processes and stores transactions in a specific side chain. After this, the transactions in a batch (including several transactions) are transferred to the main Ethereum network. Second-tier solutions are implemented to overcome the problem of Ethereum scalability. Simultaneously with the congestion of the Ethereum network, we saw a sharp increase in the network’s fees. Congestion fills the network bandwidth, forcing users to pay higher fees.

By launching Sharding, the problem of scalability of the Ethereum will also be solved. Butrin believes that in the medium term, the ability to classify transactions can solve this problem. “Classification increases the efficiency of transactions 100 times,” he said.

It should be remembered that if you have the ability to categorize but do not have sharing, your scalability will still increase 100 times. You also give the blockchain the ability to authenticate between 1,000 and 4,000 transactions per second. This rate depends on the complexity of the transactions.

Butrin predicts that Optimism will be able to categorize transactions for the Ethereum Virtual Machine (EVM) in the next “about a month.” He added that the Arbitrum classification of transactions is also being developed on the Ethereum network.

Large defy projects such as the third version of Uniswap, Avi and Synthetix are said to be among the first familiar letters to add transaction categorization.

Butrin said in another part of his speech:

There were also simpler types of classification that could only process simple asset transactions; Like Loopring and zkSync. These samples have been operating steadily for a year; So the ability to categorize transactions is not just on paper. For almost a year now, these features have been operationalized as a scalable implementation solution for a small number of users.

Butrin last week unveiled a plan to the Ethereum development team that allows smart contract protocols to be directly linked to second-tier scalability solutions.

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