BCH is only suitable for the data layer of Ethereum? "V God" really intends to do this!

This article comes fromethereumworldnews, original author: Omar Faridi

Odaily Translator |

Odaily Translator |He is considering using other blockchain platforms as the data layer for the ethereum network, including bitcoin cash, ethereum classic, and possibly other crypto networks with relatively high throughput rates.

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Bitcoin Cash Blockchain Has Seven Times the Throughput of Ethereum

Although Bitcoin has the most secure blockchain network in the current cryptocurrency industry, their transaction processing fees are relatively high, so Vitalik Buterin believes that it is still impossible to actually use the Bitcoin blockchain as the data layer of Ethereum. Bitcoin Cash, by contrast, has low transaction fees, so it may be temporarily used as a data layer for ethereum.

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Ethereum developers have been hoping to process about 25 transactions per second recently, but in the last month, Ethereum’s transaction processing performance has not been satisfactory, not only did not exceed 11 TPS, it even fell to 7 TPS at one point. It is worth noting that the number of pending transactions on the Ethereum network has hit new highs many times recently, which indicates that developers must find effective ways to increase network throughput as soon as possible.

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Vitalik is looking for a short-term solution to Ethereum scaling

Ethereum 2.0 will be a system-wide upgrade to the Ethereum blockchain that, if all goes well, will significantly improve the overall efficiency of the platform.

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From PoW to PoS

Additionally, Ethereum developers will implement various network sharding techniques and have also developed several layer-2 solutions such as Plasma and Raiden. Once PoS is live, Ethereum transaction costs will be significantly reduced, new block generation times will become faster, and second-layer solutions like Plasma may make Ethereum more scalable.

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Try using a "Shadow Chain"

In a recent interview with the media, Vitalik Buterin mentioned that the "Shadow Chain" can be used to expand and improve the Ethereum protocol. The purpose of this is to transfer the calculation process from the main network. Then it will be registered on the chain.

Vitalik Buterin calls this type of verification an "interactive computing game."

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Future Ethereum updates may add zk-STARKS

zk-STARKS is a more transparent zero-knowledge proof technology, the full name is Zero-Knowledge Scalable Transparent ARguments of Knowledge. As pointed out by Vitalik Buterin, zk-STARKS enable verification of network data without verifying the public data (content) itself, he further explained: