During an Ethereum conference in Paris, Vitalik Buterin, the founder of Ethereum, made a presentation about a scaling solution for Ethereum. According to him, the new system of smart contracts will increase computational potential of the Ethereum Blockchain.
What Does The Scaling Solution Involve?
Co-creator of Bitcoin Lighting Network, Joseph Poon, and Buterin, created the scaling solution as one of the new developments that aim to increase Ethereum’s capacity. The idea is to develop a layer of Ethereum smart contracts that efficiently interact with the main blockchain. The shortcoming of the prototype is that users will need to validate each contract in the system after download manually. However, Buterin said that they had found a possible solution for the problem.
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