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Author Topic: Ethereum + Lightning? Buterin and Poon Unveil 'Plasma' Scaling Plan  (Read 150 times)
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August 14, 2017, 02:25:21 AM

Do they really have a real solution for the yet unsolvable problem in blockchain? They said sharding and the switch to proof of stake will fix Ethereum's problems with scalability but until today, it has not been proven as technically possible.

Now they are trying a new solution that might also be a dead end. How long can Vitalik give ETH followers the run around until they realize that there might be no solution?

Criticism remains

Some are skeptical, however. The technical idea behind these systems has been extensively discussed in blockchain communities, and has attracted both adamant supporters and obstinate rivals.

Every public blockchain protocol will eventually butt up against scaling limits. Bitcoin, the most-used blockchain today, was the first to show signs of scaling problems, with seemingly endless debate following after.

But, long-time critics argue that ethereum's scalability problems are more pronounced since it needs to store so much data to become the dreamed of "world computer."

On the subject of Plasma in particular, Vlad Zamfir, ethereum's proof-of-stake research lead, has offered some critical commentary already. He tweeted yesterday that he's "honestly not excited" about the project, arguing that he abandoned a similar project in 2015.

Poon, though, doesn't seem phased by Zamfir’s pessimism. And Buterin doesn't either, clarifying that Plasma is complementary to ethereum's current scaling work: sharding, which looks to boost capacity at the base layer of the protocol.

Still, Poon admitted there's a long way to go. Taking the idea to production will take "a lot of testing." Again he compared Plasma to Lightning, which has made huge strides in the past couple years, but is still incomplete.

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