Shard Chain is a concept that allows solving a problem blockchain into smaller parts called shards. In this article, we will explain the meaning shard chain, its functions, as well as providing several examples of implementation shard chain.
Understanding Shard Chain
Shard chain happens when a blockchain divided into several shards independent one. Every shard have different sets of account balances and smart contracts. Therefore, shard chain enabling increased scalability and addressing network congestion issues.
Shard Chain Function
Following are some of the main functions of shard chain:
1. Scalability
By dividing blockchain become shards, we can increase the number of transactions per second without sacrificing decentralization. Every shard only need to process data that is relevant to the region, thereby speeding up the transaction verification process.
2. Efficiency
Shard chain allows more efficient use of resources. The validator only needs to store data fromshard they validate, not the entire network. This reduces the need for expensive hardware.
3. Security
Although every shard independent, information stored in shard can still be shared among other nodes. This maintains security and integrity blockchain overall.
Shard Chain Example
Following are some implementation examplesshard chain:
1. Ethereum
Ethereum is developingshard chain to overcome scalability issues. Everyshard will have different sets of accounts and smart contracts. This will allow Ethereum to process more transactions more efficiently.
2. Zilliqa
Zilliqa is a platformblockchain which usesshard chain to improve performance and transaction speed. Everyshard in Zilliqa has a certain capacity and works in parallel.
3. Polkadot
Polkadot allows for varietyblockchain interact viashard chain. This enables the transfer of assets and data between various networks more efficiently.
Thus, shard chain is a complex yet effective solution to address the scalability problem in the world blockchain. The more projects that adopt this concept, the better we can optimize network performance and expand the use of the technology blockchain.
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DISCLAIMER: This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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