2018-9-24 18:00 |
Scalability problems plague Ethereum. Often, the Ethereum blockchain is clogged and slow, hardly a surprise given how many projects exist on the Ethereum blockchain though. There could be a new solution within some new practices that have been pioneered within the Zcash network, according to Coindesk: “A form of cryptography pioneered by zcash might help scale ethereum, founder of the platform Vitalik Buterin said on a research forum Saturday.
Named zk-snarks, Buterin said, by using the tech, ethereum can potentially scale ‘by a huge amount’ up to 500 transactions per second, without relying on layer-two scaling solutions. ”
zk-snarks allows huge amounts of information to be batched and compressed, allowing many transactions to be packaged into easier to manage blocks, ultimately speeding up the process of confirming the transactions.
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