RATE Group | Meet Nimbus: Ethereum 2.0 “Sharding” Client
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Meet Nimbus: Ethereum 2.0 “Sharding” Client

04 Aug Meet Nimbus: Ethereum 2.0 “Sharding” Client

Posted at 21:52h in Ethereum News by

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Status, an Ethereum messenger, looking to bring mass adoption to Ethereum, announced the launch of Nimbus, it’s new client with a “particular focus on sharding,” as announced on  August 1, 2018.

What is Sharding?

Sharding is an Ethereum 2.0 scaling implementation, where instead of every node verifying a transaction, a smaller subset of nodes verifies a transaction. This allows for parallel transactions to be confirmed, allowing for transaction capacity to increase.

Scaling is an issue that not only Ethereum faces, but also Bitcoin and any other cryptocurrency that wants to be considered a real contender for mass adoption. While Ethereum’s 15 transactions per second edges Bitcoins seven transactions per second, it pales in comparison to payment processors like Paypal and VISA.

Sharding is crucial to the plans Ethereum developers have for the currency, and may even be the only way forward.

Other upgrades expected to come along with the release of Ethereum 2.0 include…

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