Acne Buterin: PoS and sharding will increase the efficiency of the blockchain thousands of times
Source:Acne Buterin again decided to give quite a long lecture in his Twitter. The main developer of Ethereum explained why blackany based on PoS and sharding will become the basis for the future of the industry. According to him, these technologies will help us make the cryptocurrency to thousands of times more effective.
theProof-of-Stake for all
A Chain of tweets Buterin began with an introduction to the application of the blockchain beyond Finance. He noted that with the growth of scalability and user base, the technology can not just be ignored, because it may be very useful not only for the transfer of money.
It is Noteworthy that blackany should not reduce the cost of computing. Instead, they significantly reduce «social costs». For example, the unit of the processing power of computers has dropped the price of trillions of times over the past 70 years. In the same period, the human labor began to be evaluated at least twice as expensive.
After that he returned to the question of scalability of the block chain.
Blackany the future with a Proof-of-Stake and sharding will be thousands of times more effective, and the victim of efficiency in adding new features to the blockchain will become more reasonable.
Recall now the main purpose of the plans of the developers of Ethereum is Casper — a hybrid PoS terminal with a Proof-of-Work. Casper needs to solve the problem of excessive energy consumption, centralization, and mass use of ASIC miners. Read more about the future of the project on PoS read .
The Value of the network Bitcoin is one of the main arguments of the opponents of cryptocurrencies. According to them, the functioning of the blockchain costs the world very expensive and can eventually even lead to severe climate change on Earth.
9. Blockchains of the future with proof of stake and sharding will be thousands of times more efficient, and so the efficiency sacrifices of putting things on a chain will become more and more acceptable.
— Vitalik Non-giver of Ether (@VitalikButerin)
Previously, acne Buterin wrote many notes on the blockchain. In one of the last he said that misuse of technology is really wasted resources.
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