Golden Outpost | V God: Without canceling fragmentation, Rollups without fragmentation can still increase throughput by 100 times.

On the morning of October 5th, V God tweeted that the original ETH2 roadmap is divided into three phases: phase 0, PoS (coming soon); phase 1, data sharding, not computing sharding; phase 2, sharding tx processing.

However, there is an interesting phenomenon in this roadmap: sharded applications themselves require phase 2, but sharded Rollups only require phase 1, because Rollups only use the chain for data, not for computation. So we'll soon have the tools we need to achieve 6400x throughput.

Jinse Finance mining data broadcast | ETH's network computing power rose by 2.99% today: Jinse Finance reported that according to the data of the spider mining pool:

The computing power of the BTC network is 155.861EH/s, the mining difficulty is 21.45T, the current block height is 674818, and the theoretical income is 0.00000657/T/day.

The computing power of the entire ETH network is 442.996TH/s, the mining difficulty is 5739.45T, the current block height is 12046957, and the theoretical income is 0.00647154/100MH/day.

The BSV network computing power is 0.526EH/s, the mining difficulty is 0.07T, the current block height is 678609, and the theoretical income is 0.00171242/T/day.

The computing power of the BCH network is 1.038EH/s, the mining difficulty is 0.18, the current block height is 678908, and the theoretical income is 0.00086707/T/day. [2021/3/16 18:48:17]

Analysis| Golden Disk: FGI Fear Index dropped to 19: Comprehensive Analysis of Golden Disk: FGI Fear Index dropped from 21 to 19. Although the oversold currencies generally rose yesterday afternoon, it failed to regain investors’ confidence in the market. The market is still in extreme panic. [2018/8/18]

So this is "Rollups on top of sharding", that is, Rollups that already existed before sharding, and Rollups without sharding can still increase throughput by a factor of 100.

The Global Blockchain Elite Organizing Committee was officially established and Jinse Finance became a member unit: On the evening of April 28, 2018, the "International Grand Ceremony and Global Community Appreciation Party" hosted by FANSTIME officially opened in Macau, China. At the meeting, the Global Blockchain Elite Organizing Committee was formally established. Jinse Finance has become a member unit of the Blockchain Elite Organizing Committee. [2018/4/28]

In fact, on October 3, Vitalik also emphasized that the new Ethereum expansion strategy will move the blockchain ecology to rollups, Plasma, and state channels. 2.0 transfer, Ethereum will be able to process 100,000 transactions per second (ETH1.5 phase). In the ETH2.0 stage, Ethereum has a sharding infrastructure, and the network throughput can reach 1000-5000.

The scalability of the Ethereum base layer still has a long way to go, and it is likely that the expansion of the blockchain base layer will not be achieved after many years. According to Vitalik, scaling based on the application base layer may not appear until the last major stage of Ethereum 2.0 is completed, so it may take a few years to wait. Vitalik said that in view of the current situation, he suggested that all Ethereum expansion work be put on the second-layer Layer 2 solution. At the same time, he suggested that once the "Ethereum 1.5 phase" fully passes the proof of equity, then basically no attention will be paid to the expansion issue. If the user is not convinced that the "Ethereum 1.5 stage" can solve the capacity problem, then a compromise can be taken, namely: have a small number of execution shards (such as 4-8) and more data shards. Vitalik suggested building a layer-2 protocol directly in the wallet, such as MetaMask or Status. He also emphasized that more work needs to be done on "transmission across layer-2 protocols". Layer-2 solutions can somehow become part of the protocol itself, while Ethereum 1.0 can be used as an OptimisticRollup client.

Tags：

AVAX