How Do You Upgrade a Speeding Car Engine to Run 10 Times Faster … Meet Sharding and Casper

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Sometime — soon — we need to agree that the Internet we have built has been created incorrectly and is mostly centralised (and not robust) and almost completely untrusted. We need to agree too that we are just patching things in terms of its robust. The only way is Blockchain, and two new updates will move this into overdrive … sharding and Casper.

Upgrading a car while it’s still moving

You build a car, and then you drive it, and a new model comes along which is faster, so you sell your old car, and buy a new one. In the Blockchain world your car is off and running, and you’ll have to jump on it if you want to change it. But how do you change the car engine, while its owner is still driving it, and not effect the car’s performance, or disrupt all the services that the car requires? Well Ethereum is going through this phase, and its car is travelling at its top speed, and it needs to upgrade the car engine to run at least ten times faster.

It is well known that the success of Ethereum has outgrown its original model, especially its scaling issues, and its usage of proof of work as a identification of trust. And so in the next few months we see the release of two major updates — Casper and sharding — and which will…

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Prof Bill Buchanan OBE FRSE
ASecuritySite: When Bob Met Alice

Professor of Cryptography. Serial innovator. Believer in fairness, justice & freedom. Based in Edinburgh. Old World Breaker. New World Creator. Building trust.