The development team of the second version of the Ethereum protocol decided to eliminate various difficulties with the implementation sharding by increasing the target block size eight times. It is reported by TrustNodes.
Ethereum Coordinator Danny Ryan said the following:
“We make blocks more based on resultsour recent study. It concerns the safe block size and its transit time, so that the system data availability still exceeds 1 MB / s. This will allow us to achieve comparative advantages in scaling when things like ZKrollup and OVM are done ”
ZKrollup is a hybrid scaling method that combines tier 1 and tier 2 networks as well as evidence-based, zero-disclosure solutions through smart contracts.
OVM (Optimistic Virtual Machine) is a solution from Plasma developers aimed at supporting all Ethereum-based protocols of the second level.
Initially, it was assumed that 1024 shards would work in the system. At the same time, the Ethereum network could process up to 1 billion transactions per day, and not about 1 million, as at present.
However, the founder of Ethereum Vitalik ButerinHe proposed to radically reduce the number of shards - from the planned 1024 to 64. According to him, this will provide an advantage at the initial stage due to faster and easier connections between segments. In the future, says Vitalik, the number of shards can be increased.
According to Danny Ryan, thanks to an eight-fold increase in the block, the network throughput with 64 shards will be quite high - about half a billion transactions per day:
“To achieve comparable scalability, as in the previous sentence, the target block size of the shard will be increased eight times - from 16 Kb to 128 Kb.”
Recall, the activation of Istanbul hard fork in the Ethereum main network will take place at block # 9 056 000, which will be produced approximately on December 4.
Read more about Istanbul updates here:
Ethereum developers approve upgrades for Istanbul hard fork
Also, ForkLog previously reported that after the launch of Ethereum 2.0, validators will be able to receive up to 10% of annual remuneration for staking.