Nil Foundation Plans New Ethereum Rollup With Zero-Knowledge Proofs, Sharding
The foundation claims that this will be the first ZK rollup that enables sharding, combining two popular scaling technologies. Source
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Sharding
Bitget releases MPC wallet, includes 2/3 private key sharding
Cryptocurrency exchange and derivatives platform Bitget has launched a new wallet service using multiparty computation (MPC) to improve security and key management for users.After launching its account abstraction wallet service powered by Ethereum scaling protocol Starknet in July 2023, Bitget has employed MPC to overhaul private key and asset management.MPC
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Web3 dev, EVM sharding and crypto banking headline blockchain funding deals
Web3 dominance within crypto funding rounds has been well documented by Cryptox Research. In addition to the Web3 mega funds announced recently, venture capital has also been making smaller, more targeted investments in the sector. In this week’s Venture Capital (VC) Roundup, we chronicle the latest Web3 funding initiatives and
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Sharding could resolve Ethereum scalability trilemma, says researcher
After a successful Ethereum Merge, all eyes are set on the next phase of transition that would introduce key scalability solutions on the platform, including sharding. Market experts believe sharding would be a game changer for the Ethereum network as it could potentially solve the scalability trilemma.In an exclusive conversation with Cointelegraph,
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NEAR Blockchain Moves Ahead with Phase One of Sharding Upgrade
NEAR, which launched in 2019 with then-unrealized plans to boost transaction speeds by splitting its network into parallel processors (so-called sharding), kicked off Phase 1 or its “Nightshade” playbook facilitated by NEAR contributor Pagoda. This phase sees the introduction of specialist “chunk-only validators” that feed into the sharding mechanism but
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What Is Sharding? – CoinDesk
“Sharding” is a proposed method of splitting the infrastructure of Ethereum into smaller pieces with the goal of scaling the platform so it can support many more users than it currently does.Ethereum is the second-largest blockchain and was designed to make it easier to build decentralized applications that would give
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We Underestimated How Long Proof-of-Stake and Sharding Would Take to Complete
The Hashing It Out podcast recently hosted Ethereum co-founder, Vitalik Buterin. During the show, he explained how he would handle Ethereum’s creation differently if he were building it now. Buterin acknowledged the presence of a number of changes, both large and small, such as putting more thought into gas costs for
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Harmony Blockchain Mainnet Now Supports Staking Along With Sharding
The open blockchain platform Harmony announced that it will now support staking in a bid to create a blockchain infrastructure that attains high scalability without compromising on decentralization.In a press release published May 19, 2020, Harmony claimed it is the first to ever integrate staking into a blockchain network also
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