Buterin Needs Bitcoin Cash: Scaling Ethereum Before Sharding, Casper

Buterin Needs Bitcoin Cash: Scaling Ethereum Before Sharding, Casper
imageCryptocurrency News2 hours ago (Jul 20, 2019 05:01PM ET)

Buterin Needs Bitcoin Cash: Scaling Ethereum Before Sharding, Casper

The Ethereum (ETH) team is actively looking for solutions that may help scale the blockchain network, as reported by Cointelegraph on July 15. Co-founder of Ethereum Vitalik Buterin is now considering third-party blockchains that have lower commission rates for transferring information. According to him, the Bitcoin Cash (BCH) blockchain could cope well with this task. The fact is that BCH has a high data throughput — 53 kilobytes per second (KPS) compared to Ethereum’s eight KPS, which are actively used by applications, Buterin revealed.

Over the years, scalability has been the Achilles’ heel of Ethereum, and the team behind the second-largest cryptocurrency has been making every effort to increase it. In the current realities, the Ethereum blockchain is supposed to handle a maximum of 25 transactions per second (TPS), while the charts show that its throughput for July has not exceeded 11 TPS, and on several occasions in recent days, it has even dropped to around seven TPS.

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Buterin Needs Bitcoin Cash: Scaling Ethereum Before Sharding, Casper

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