More: how zcash for can help to expand the capacity of Ethereum
Source:
In September Vitalik Buterin that the Ethereum network that can be scaled up to 500 transactions per second. This will help the technology of ZK-SNARKS, which is used in zcash for.
This week, researchers Barry Withat, Alex Gluchowski, Harry R., Yeongdong Fu and Philip Castonguay presented a new solution based on ZK-SNARKS. With the help of the Ethereum network will be able to process 17,000 transactions per second. Almost the same now processing Visa.
How it works
The decision by the group of researchers is very similar to Plasma — is also a sidechained, which allows you to transfer tokens out mannata Ethereum. This ensures that users will be able to send and receive thousands of transactions per second.
In this case, the transfer need to open and close the channel with the transaction, and then send information about it as a single transaction on the blockchain.
The Opening and closing of the channels will make operators. It is noteworthy that until the channel is closed, users can request the cancellation of their transaction through smartcontract. Operators with not the best intentions can reject the cancellation of the transaction and to sabotage the channels with a huge number of transfers. In this case the experts found their solution — if you suspect fraudulent activity of the operator is removed, and all transactions in the open channel are transferred onto the Ethereum blockchain.
image Source — F1Destinations
At the moment ZK-SNARKS, sidechained, Plasma and sharding are the main decisions of the Ethereum Foundation, aimed at scalability cryptocurrencies. Earlier acne Buterin said that the integration of all the necessary updates will help to expand the capabilities of Ethereum to a million transactions per second. Otherwise TH price to zero.
Information about the integration process upgrades Ethereum prepared .
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