Programmer explains Ethereum Sharding | Scale and Performance fixes

[@literatious308]

Thank you Ivan. Finally some hard news about what's really going on in development without pumping. I like your butterfly art on the wall behind you too.

[@IvanOnTech]

haha thank you, it's awesome

[@kapgallery]

I'm a new comer to crypt currency and your channel. you've helped me understand the workings and terminology very well. thank you.

[@IvanOnTech]

you're welcome, glad you like them!

[@GurusnetworksIncGreenville]

At First I confused Paralyzing with disabling the processing.. But after further listening i understood you said Parallelizing meaning two parallel processing running simultaneously but thanks for explaining it clearly. Keep up the good work Ivan, I already subscribe to your channel..

[@JetTrailSurfer]

Thanks Ivan, for explaining ethereum related developments so well - making them much more tangible for us non/semi computer scientists :-)))

[@mind_strategist]

Very well explained! Thank you. Do you have any resource which compares the security and scalability of using cloud vs permissionless blockchain (e.g. Ethereum) vs private, permissioned blockchain (e.g. BaaS) vs tangle (Iota)?

[@kayzee7210]

Great video. Could sharding reduce fees for transactions?

[@BoondocksBotanicals]

Thank you, you're kind of like a Andreas Antonopoulos fot ethereum. Appreciate your clear explanations. I'm curious as to how things have changed and progressed with ethereum scaling since this video.

[@snoozar9966]

@Ivan, How scalable is Ethereum in its current state in your opinion. Can it satisfy a wider user base than Bitcoin with its current capabilities or do you see some issues here?

[@JIWC]

You mentioned how Ethereum can change how the internet works. How does Ethereum's technology compare to that of MaidSafe decentralized internet project? Do you think the MaidSafe project has more potential?

[@IvanOnTech]

Hey, thank you for the suggestion, I'll have to do some research on MaidSafe and do a video :)

[@theresagarcia9081]

Another awesome explanation!!! Thank you again!!!! Looks like this video was made in May, so i'm super curious to find out if any new developments have been made!!

[@noiz0195]

I like your videos very much, because you explain things in a very simple way. 1. What do you think about zilliqa? 2. Do you know if there is another upcoming blockchain that can solve the scalability problem and have promising solution?

[@Chakismc]

ArcoShopMX red belly fatest blockchain in the world 660000 transaction per second

[@owlfrisky4570]

my question is these dapps that can be processed by the ethereum virtual machine, how do they get to store data for their calculations. Is it stored like a copy on every node?

[@IvanOnTech]

yes, that's the way I understand it, all full nodes perform all calculations and get all data they need for these calculations

[@owlfrisky4570]

that sounds like it'll fill up storage very quick!

[@nftreview]

Love the channel! I thought PoS was going to solve the speed/scalability issue?

[@IvanOnTech]

Thanks man! Yes, PoS will increase the performance, in this video we discuss some other ways to improve scalability. But you're right I should've mentioned PoS here as well as a way to boost performance.

[@SandersonRin]

@ivan on tech - What do you think about implementing something like rotating node transaction verifications along with issuing master/skeleton keys to individual nodes in order to facilitate cross node communication? I'm not a dev but just wondering if the principle is viable.

[@JK-nv6cj]

Super informative and easy to understand. Thanks a lot!

[@u2ooby]

Hey Ivan you said that a hard fork is needed if you increase the block size...why is that?

[@timlichti8691]

Great explanation Ivan, thanks kindly!

[@maximrusskikh774]

Hi! Thanks for the video! If Ethereum finally goes for PoS, wouldn't it solve the issue with using altcoins for different dapps?

[@majmunOR]

sidechains can be secured by the main blockchain using checkpoints for example

[@cliffxuan]

What is the difference between sharding and plasma? how do they coexist?

[@Remindor]

I agree that the second option of 'having multiple blockchains' is a problem for Proof of Work blockchains because as Ivan accurately points out, that would split the hashing power and make the smaller networks vulnerable to 51% attack from miners who run the bigger networks... But for Proof of Stake blockchains, that wouldn't be a problem because hashing power is not relevant. 51% attacks would only be possible with PoS if a hacker manages to buy up more than 50% of all the tokens which would be very expensive for them - By the time they finish buying up those tokens, they would no longer have an incentive to hack the token anymore since they would be majority token-holder by that point and would suffer the most from a hack. Also, it should be noted that the 'multiple blockchain' solution is by far the simplest and most efficient to implement. If we have a decentralized way to connect the different tokens together, then this is the perfect solution IMO.

[@First15]

Subbed. Great job

[@IvanOnTech]

thank you :)

[@vaibhavtomar2300]

Is polygon using the same sharding technique ,if not what's the problem with polygon?

[@davidphelan3955]

great work man keep it up!!

[@IvanOnTech]

thanks brotha I will!

[@blitzio]

Great videos very informative. Please could you do one on Ethereum ICOs?

[@liveandlearn76]

Hi Ivan, really enjoyed your explanations! Why don't you indicate a BTC and ETH adress so we viewers can send some appreciation?

[@IvanOnTech]

hey man, thank you very much glad you liked it :) I just pinned the adresses as top comment, would really appreciate the support

[@utrabbit007]

Can BTC, BCH or ETH be scaled to a a future demand of processing 10s of thousands of trxs per second?

[@primestakehouse3572]

Strong video - thanks!

[@jackwagner8609]

This was explained very well, thank you.

[@joeysketokitchen]

Looks like Zilliqa has released their public testnet. From what I have gathered, they are the first to take sharding from theory to practice. Any thoughts?

[@theword2011]

Great vid!! Although I had to fight my immature mind each time "Sharding" was used.....sigh. 🤤

[@u2ooby]

always great insight on the technical workings of this crypto madness

[@BilguunsparKO]

so there is still no solution to scalability issue ? just theories and ideas ?

[@sarumiok]

Thank you... What's casper all about?

[@IvanOnTech]

Hi! I made a video on Casper yesterday :) kzbin.info/www/bejne/fV7Mm6GHqseaadk

[@mohsenrahnamaei3434]

actually i didn't understand what happened to blocks of blockchain after we made it with shardchain can anybody explain that

[@MrAnperm]

Good explanation

[@markoperica2]

Hi, where are you from Ivan?

[@IvanOnTech]

sweden :) and you?

[@markoperica2]

Croatia :) . I was thinking maybe you are from eastern Europe or ex Yugoslavia since you have slight accent and your name is Ivan. :)

[@Samsiam00]

great breakdown friend I enjoyed watching your video :)

[@LAURENJAMES81]

thanks for all your info.. you help me to understand cryptocurrency more and more, and updated on newest info... I have no computer programming knowledge, but am starting to understand somethings better, making me want to take a programming course to maybe make an impact on the crypto community.... anything is possiable

[@IvanOnTech]

Awesome to hear man, keep pushing! I have this video on blockchain career, maybe it will help you kzbin.info/www/bejne/nmfJpJ-AqsaKhMU

[@markidaho588]

thanks for the information

[@IvanOnTech]

you're welcome :)

[@righteouscalpo6381]

Storage Price per GB Year 1990 - $7000 1997 - $450 2000 - $15 2005 - $0.64 2010 - $0.10 2015 - $0.05 2018 - $0.02 2020 - $? now tell me if an average joe can run a full node? 1mb is even smaller than a floppy disk 😂

[@viviansagar]

very well define bro Nice

[@insamsitive]

Great content. Keep it up!

[@AmadeoBrandsONDeFi]

Great video keep it up man

[@IvanOnTech]

Amadeo Brands thanks man I will!

[@nextwebcontentnextwebconte7575]

51% attack? Never heard of this, what is it?

[@inyfiny1]

keep it up dude

[@IvanOnTech]

thanks brotha, I will

[@SlavaEremenko]

But you didn’t explain how sharping works... only a general idea

[@GuerillaReignmgmt]

Good work man, get yourself some Crypto Tshirts man!!

[@IvanOnTech]

thanks man! haha true!

[@lifestylesound3522]

I hope you read Zilliqa white paper. They care about sequrity first of all in sharding

[@scotty06wwjd]

Apollo Currency has solved Sharding! First to do it on an active database blockchain 👍👍👌👌 I like Ethereum but Apollo tech is light years ahead, Sub 2 sec block speed and only been around 1.5 years.

[@yasaswy]

Great info as always.. I think Vitalik says in his meetup that they are planning to create virtual mining following a protocol at nodes. Is sharding part of that plan? Not sure if it'll reduce or increase the hash rate with that virtualization. Vitalik's explanation at 1:04:25 for the PoS question, thats awesome. kzbin.info/www/bejne/i3encqeJqbuLmMU

[@IvanOnTech]

thanks man, going to take a look

[@ad6268]

Great hair my man.

[@makarakvar]

Чувак, ты три раза повторил одно и тоже! А в чём же фундаментальная разница между шардингом и альткоинами?

[@SK-iv4ml]

Noooooo what happened to your programming channel?

[@IvanOnTech]

I found that blockchain is the niche that needs more content :) I've experimented with several topics, back in the days this channel was a gym channel ;) However I feel that I give most value to people talking about different blockchain topics, this knowledge is rare and can be hard to find

[@Hirondo]

I don't think it's a good idea to have all the hashing power in only one blockchain, because it's a single point of failure. Furthermore a high number of blockchains will promote innovation because of competition it induce. Think about LTC that implemente segwit before BTC, because LTC is more decentralised because of not using SHA256 but a hashing algorithm that is less ASIC firendly. It's butterfly effect : if SW2x fail, lightning network won't work on BTC blockchain and maybe LTC would crush the game. All of this just because of a cosmetic changing in hashing algorithm. When LTC has changed to Scrypt, nobody expected such diffrence between BTC and LTC may happen. That' why we need a lot of different decentralized ledgers, because we do'nt know what the futur is made of.

[@gamerboylogan5830]

Who sharted?

[@cryptomania100]

IOTA can help Ethereum scale..

[@khalidal-ghamdi5837]

problem BITCON HAS ? LOL

[@raghavtalwar8606]

So slow you are!