Platform MultiVAC “Breakthrough In Sharding”
MultiVac, a blockchain platform, has recently reported that it has achieved a “breakthrough” concerning scaling technology sharding. The information, reported in a press release from November 5, indicates that the company was able to achieve 30,784 transactions in one second and it did so using 64 shards. Further, total transactions for the shards were over 30K at the peak.
The platform also indicated that its “all dimensional sharding expansion solution” could be used for commercial applications and crypto mining, even if the computer is low-performance.
For those who are unaware, “sharding” is usually associated with Ethereum (ETH) blockchain and the upgrade process. A few months ago, Vitalik Buterin, the co-founder of Ethereum, discussed that sharding may become a part of Ethereum.
Further, Buterin also discussed the direction for Ethereum 2.0, called Serenity, in a speech he made at the Devcon conference this year. Aside from providing transfers to proof-of-stake algorithms, Serenity would also include sharding.
As for BTC, developer Mark Friedenbach introduced how Bitcoin scaling would depending on sharding and that it would not need a hard fork in the process. He also mentioned that the process would enhance “settlement transaction volume to 3,584 times current levels.” It would also add to censorship resistance.