Vitalik Buterin criticizes in a blog post the doubtful Dogecoin scalability claims for blockchains and how rising criteria, as suggested by Musk, is not a good idea. Doubtful Dogecoin Scalability Claims Criticised By Vitalik Buterin Vitalik Buterin, the co-founder of Ethereum, published a blog post on 23 May that has some detailed thoughts on the scalability issue. The article is partly a criticism of Elon Musk’s doubtful Dogecoin scalability claims by merely increasing protocol parameters, he will speed up the Dogecoin network. Vitalik Buterin Established The Truth Buterin starts the post by asking how fast one can “push the scalability of Blockchain,” before directly addressing Elon Musk’s tweet about increasing Dogecoin network parameters. He claims that there are significant subtle variables that affect scaling after finding out the complexities of centralization and technological compromises. Buterin responds to Elon Musk’s tweet about expanding the Dogecoin network parameters. Buterin believes that regulators’ freedom to run a network is crucial for decentralization. Users that control nodes make us safer against potentially hostile attackers trying to take over a network. With ETH 2.0, Ethereum Is Tackling Scalability ETH 2.0 is now working to scale the network as it grows in popularity due to the rise of decentralized finance (DeFi) and non-fungible tokens (NFT). Sharding is one of the most eagerly awaited scaling technologies to be applied to the network. At this stage, Ethereum has launched Rollups, which will soon be replaced by sharding. Scalability is an issue that must be tackled as blockchain technologies and applications develop, with gas fees now exceedingly high in recent months. Buterin identified storage as the most top reason for core developers. In technical terminology, this implies statelessness and state extinction. Buterin claims that sharding essentially overcomes the above limitations. Ethereum’s strategy is to use quadratic sharding, with a few hundred shards presumably being an optimal number. He continued by saying that both options have advantages and disadvantages, with sharding seeming to be the best one on the table.
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