Status.im recently released a Light Sharding client, Nimbus . supposing to scale the Ethereum protocol and contribute to the creation of a better ecosystem that will be faster and more scalable for decentralized applications.
We are pleased to announce our partnership with the team behind the programming language @nim_lang The language is well suited to the lighting of the client's implementation and is ideal for our initiative of Nimbus research. Find out more about this partnership on our blog https://t.co/IxusBXh6hy
– Status (@ethstatus) August 7, 2018
Since its inception and its launch, which took place in 2017, Status focused on improving the adoption of Ethereum and twork using a client with an intuitive interface to create a better overall user experience and manage things more efficiently.
The state is very similar to WeChat, a popular app in China. WeChat is a mobile messaging app currently used by over 500 million people and allows users to send messages to other people as expected, but also has features such as making payments and running apps.
In comparison, Status does pretty much the same: it allows the user to send messages, pay and execute them. However, unlike WeChat, Status allows only the use of dapps based on the Ethereum network. They are decentralized instead of the centralized WeChat options.
Problems of scalability and solution of the state of Ethereum
The main problem detected so far by the platform is that it requires a large capacity to handle so many transactions per second, which are necessary because the requests require that the transactions work properly.
To find out how much the platform should be better to be actually scalable, Coinbase's former manager and co-founder, Fred Ehrsam, Goldman Sachs, said that Ethereum scale at the level of Facebook or WeChat, should be in able to make 750,000 transactions per second. At present, the Ethereum network can only do 13.
Based on these statements, it is clear that Ethereum's blockchain is not at all close to the level it must be if it wants to be really popular and therefore requires significant improvements.
To achieve this far-reaching goal, Status has revealed plans to use Sharding, one of the main scaling solutions available at this time for the Ethereum community. Sharding, together with Plasma, are the two most popular sizing solutions at the moment. Obviously, they are not enough yet but they are better than 13 transactions per second.
Recently, Status has partnered with Nimbus developers, who are focused on helping solve the scalability issues that the software is currently facing. Nimbus, according to the Status team, will have an impact on how the client and the Ethereum ecosystem are updated to become more resilient.
A long road to a million transactions per second
The co-founder of the blockchain Ethereum, Vitalik Buterin, is positive for the development of the Sharding and Plasma solutions as a way to increase the capacity of the Ethereum network. According to him, it is possible to move from 13 transactions to 1 million using appropriate scaling solutions, which can allow the Ethereum network to become as big as social media giants.
Recently, blockchain projects such as 0x, Status and Zilliqa have progressed a lot in verifying scalable solutions. Most of them are based on second-layers that work on the original ones and are able to increase the speed of the entire network.