TD₿: Sharding Centralizes Ethereum by Selling You Scaling-In Disguised as Scaling-Out by StopAndDecrypt
TL;DR Ethereum's sharding "solution" will only result in the blockchain becoming more centralized over time.
Hey Bitcoiners,
If you have been in the space for a minute, you know that Ethereum is constantly in a state of being fixed, or in other words, it has been constantly broken.
There’s always some magical solution on the horizon that ETH proponents say is “right around the corner” that will fix the network congestion, high gas fees, or whatever problem that’s currently plaguing the network.
Al’s Lacrosse sums it up well in this tweet:
Typically these solutions are full of jargon and highly technical so beginners have a hard time distinguishing signal from noise. A perfect example of this is with the Ethereum proposed scaling solution “Sharding”.
Sharding was promised by Vitalik and others to be a viable scaling solution years ago and yet…still no sharding solution.
StopAndDecrypt wrote this lengthy article that systematically challenged the technical merits of sharding and why it would only serve to further centralize Ethereum (06/07/2018).
Today, StopAndDecrypt’s article holds up well. Many ETH core devs tell their friends that sharding can’t work without further centralizing Ethereum.
As Ethereum trends toward more centralization as ETH devs continually try to “fix it”, Bitcoin continues to grow more decentralized over time.
Tick tock next block,
Cory Klippsten
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Quote of the Day
“Geography is a tangible means of organizing network decentralization. Bitcoin is becoming more decentralized, while Eth2 remains fairly concentrated.” - Will Foxley, Content Director at Compass Mining
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