Will a Sharded Ethereum Be Flexible Enough for Decentralized Finance?

www.coindesk.com

“Composability has really mattered because it allows innovation to compound – entrepreneurs can compose with other entrepreneurs’ creations,” Chris Burniske of the venture firm Placeholder told CoinDesk in a phone call. He also said that there’s this discussion of basically moving the state of the shard to another shard to run it, which Koticha contended works fine for the person who initiated the move but not so great for other users who might want to interact with the same smart contract there and then.

And if it does turn out there is a very pricey shard, for example, and even if Ethereum remains pricier than other blockchains after all this happens, Burniske believes Ethereum will remain the home for DeFi, despite the fact that every other base layer (Polkadot, NEAR, Solana, Avalanche, etc.) is trying to make the case for itself as the next home for DeFi. “When you have transactions that are less important, you can go to other shards, other layer ones,” Burniske said, using an analogy that he credited to Luis Cuende, co-founder of Aragon.

Read in Full: www.coindesk.com

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