Ethereum founder said that implementation of sharding is moving closer to completion. Sharding was chosen by the development team as the most effective solution to the problem of scaling cryptocurrency.
Vitalik Buterin published a new short message on Twitter for all members of the Ethereum community and shared a new code repository. Message says: "Sharding is coming."
This technology consists of dividing the data into different pieces in order to increase the speed of transaction. However the introduction of sharding will significantly affect the mining process.
Ethereum network uses the Proof-of-Work algorithm (PoW), while sharding involves a partial transition to Proof-of-Stake (PoS). That means that the world's second largest cryptocurrency might face a hard fork some time soon.
By Ekaterina Ulyanova