Scalability is the major obstacle to blockchain adoption. While a variety of solutions have been proposed, they have brought with them controversy and unforeseen challenges.
Layer I scaling solutions are those carried out ‘on-chain’. Ethereum’s effort to implement sharding is perhaps the best known in this category. Sharding is the slicing of data into more easily managed parts—thus allowing Ethereum nodes to process only shards of data, rather than every transaction on the blockchain.
But not everyone agrees that on-chain scaling is feasible. Are these solutions just band-aids? What are the fundamental tradeoffs? What can we expect in the future?
On the 17&18 November, the 2-day ‘Master Workshop: Layer 1 solutions’ will bring together leading experts for an in-depth examination of Layer I scaling solutions for cryptocurrencies. They will discuss delegated proof of stake (DPOS), key aggregation, two-tiered network systems and many other new consensus & blockchain protocols that are currently being explored to solve the TPS bottleneck.
Leave hype, hubris and hysterical marketing claims at the door. This is a weekend of pure tech - your chance to learn from and collaborate with those pushing the boundaries in this vital field. Tickets are currently just €70 but they are going up soon, so register today: http://bit.ly/2yJn4KF
This workshop is the second part in our series of Master Workshops in partnership with the Research Institute. It follows the ‘Off the chain’ event earlier in the year, where 25+ experts including Patrick McCorry, Liam Horne, Jason Teutsch and Lefteris Karapetsas joined us in Berlin to discuss Layer 2, off-chain solutions.