Blockchain platform MultiVAC has published its sharding data, claiming to be on the path to “solving” blockchain scaling issues.
According to the company-rsquo;s release, MultiVAC reported achieving 30,784 transactions per second (TPS) using 64 shards. While the total amount of transactions for all shards used exceeded 30K at its peak, a single a shard was claimed to reach 533 TPS.
MultiVAC also claimed in the release that their -ldquo;all-dimensional sharding expansion solution-rdquo; could potentially be used for large-scale commercial applications, as well as for crypto mining on low-performance computers.
The term sharding in crypto is most often applied in reference to the Ethereum (ETH) blockchain-rsquo;s upcoming major upgrades. In May 2018, Ethereum-rsquo;s co-founder Vitalik Buterin hinted that sharding -ndash; or splitting up the workload for transaction between nodes to speed up processing time -ndash; would be implemented on Ethereum. -
In late October, Buterin revealed the roadmap for Ethereum 2.0, dubbed Serenity, during his keynote speech at the annual Devcon conference. Apart from a transfer to a proof-of-stake algorithm, the Ethereum think tank also confirmed that Serenity would implement sharding.
Earlier in October, Bitcoin (BTC) developer Mark Friedenbach presented a method for Bitcoin scaling that would rely on sharding and reportedly would not require a hard fork. He - claimed the new solution would be able to increase -ldquo;settlement transaction volume to 3,584 times current levels-rdquo; and improve censorship resistance.