Published on June 3rd, 2018 | by bitcoin0
According to Vitalik Buterin, Plasma and Sharding could Beat Ethereum by 10,000x
Layer #1 — Sharding
Vitalik explained that Sharding is a layer one scalability solution, which is designed to directly improve the existing blockchain — essentially making it work a lot better.
Currently, every node running on the Ethereum network needs to process every transaction going through it.
Layer #2 — Plasma
Plasma, on the other hand, is designated to be a layer two scalability solution — which doesn’t improve the blockchain itself.
Simply put, the idea of Plasma is to allow the Ethereum blockchain to continue handling smart contracts while only broadcasting completed transactions.
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