RATE Group | Sharding and Plasma Plans Will Win?
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Sharding and Plasma Plans Will Win?

Sharding and Plasma Plans Will Win?

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Will Ethereum Be Able to Hold Its Own and Surpass the Tron Zilliqa Collaboration With Sharding and Plasma
cryptocurrency-event-2018

The idea of “survival of the fittest” applies to many areas of the financial industry, especially when it comes to competing companies. Blockchain and cryptocurrency are some of the most competitive fields at the moment, and they often compete with each other as well. Blockchain technology is on a fast train to progress, running at a much faster pace than cryptocurrency. This speed could easily surpass cryptocurrency, though the projects that help this issue could be Ethereum, Tron, and Zilliqa.

The Ethereum platform has been around for some time, though there has been many security concerns and scalability problems over time. The most famous security breach has been the Parity incident, which will live in infamy as the coding scam that let hackers run off with $30 million in ETH. This is a prime example of the concerns that Ethereum needs to address to survive, especially considering that the platform can only perform 25 transactions a second.

Luckily, despite these issues…

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