Near Protocol: 'Blockchains Cannot Scale Without Sharding!' - Illia Polosukhin & Alex Skidanov
Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
English - May 04, 2024 00:52 - 1 hour - 96.7 MB - ★★★★★ - 143 ratingsInvesting Business Education decentralized web open source crypto ethereum investing sto distributed technologies cryptoeconomics bitcoin blockchain Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 'Is Tether's USDT Safe?' - Paolo Ardoino
The initial scaling roadmap for Ethereum featured execution layer sharding. However, the rapid advancements of layer 2 scaling solutions in general, and zero knowledge proofs in particular, caused a restructuring of the original plan. The reason was that rollups would have required less changes made to Ethereum’s base layer, hence lower risks. On the other hand, Near Protocol was designed from the ground up as a sharded system, capable of withstanding billions of transactions simultaneously, without sacrificing decentralisation or security.
Topics covered in this episode:
Illia’s & Alex’s backgroundsSharding and blockchain scalabilityChallenges of building a sharded blockchainNear namespaceShard security & validator samplingStateless validation and data availabilityState witnesses and chunk producersBlock productionShards vs. RollupsHow Near could further improveLeaderless chunk productionChain abstractionEpisode links:
Illia Polosukhin on TwitterAlex Skidanov on TwitterNear Protocol on TwitterSponsors:
Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at - gnosis.ioChorus1: Chorus1 is one of the largest node operators worldwide, supporting more than 100,000 delegators, across 45 networks. The recently launched OPUS allows staking up to 8,000 ETH in a single transaction. Enjoy the highest yields and institutional grade security at - chorus.oneThis episode is hosted by Meher Roy.