RATE Group | Ethereum Foundation Will Launch a Scaling Solution This Year
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Ethereum Foundation Will Launch a Scaling Solution This Year

22 Sep Ethereum Foundation Will Launch a Scaling Solution This Year

Posted at 19:51h in Ethereum News by

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ethereum ecosystem

The Ethereum Foundation will launch at least one scaling solution before the end of this year according to one of its representatives.

Virgil Griffith, representative of the Ethereum Foundation Special Projects, during a panel session at the Consensus Singapore conference, confirmed that the organization is working on a number of solutions to its scaling problems. According to him, an implementation is expected this year.

Griffith said:

“For those who haven’t seen the scaling roadmap, state channels and Plasma should be out by the end of the year”

This remark was in response to Ethereum’s approach towards governance and verification on the platform. Whereas networks like NEO opted for a delegated governance where NEO holder elect nodes which makes decisions, Ethereum follows a fully decentralized concept where all nodes participate in the decision making the process slow.

He argued that Ethereum stuck with this because it was more technology driven than business…

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