What are the challenges in achieving higher transactions per second in Ethereum 2.0?

3 answers

• Apr 23, 2022 · 3 years ago
  One of the main challenges in achieving higher transactions per second in Ethereum 2.0 is scalability. As the Ethereum network grows, the number of transactions being processed also increases. This puts a strain on the network and can lead to slower transaction times. Ethereum 2.0 aims to address this issue by implementing a new consensus mechanism called Proof of Stake (PoS) and shard chains. These changes are expected to significantly increase the network's capacity and improve transaction speeds.
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• Apr 23, 2022 · 3 years ago
  Another challenge is the need for efficient cross-shard communication. In Ethereum 2.0, the network will be divided into multiple shard chains, each capable of processing a subset of transactions. However, for certain transactions that involve multiple shards, efficient communication between the shards is crucial. This challenge requires careful design and optimization to ensure smooth and fast cross-shard transactions.
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• Apr 23, 2022 · 3 years ago
  At BYDFi, we believe that one of the challenges in achieving higher transactions per second in Ethereum 2.0 is the coordination and synchronization of validators. Ethereum 2.0 relies on a large number of validators to secure the network and validate transactions. Coordinating these validators and ensuring their synchronization can be a complex task. However, with the right protocols and mechanisms in place, this challenge can be overcome, paving the way for higher transactions per second in Ethereum 2.0.
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