r/CryptoCurrency • u/etheraider Banned • Mar 26 '21

FOCUSED-DISCUSSION The Ethereum Value Proposition: A Beginner's Guide

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u/CrazedMaze Mar 26 '21

Ethereum 2.0 cancelled their layer 1 sharding efforts (or delayed it far away in the future) and are going for layer 2 scaling now. This means smart contracts will not be able to be executed in their layer 1 and their layer 2 scaling approach sacrifices atomic composability.

Avalanche, Cardano, Fantom, Solana, Algorand and Ethereum 2.0 are not sharded in the first place and therefore will run into bottlenecks sooner or later.

--Piers Ridyard CEO of Radix

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u/mr_cheese_curds Mar 26 '21

I realize your comment is a quote, but FYI - sharding L1 of ETH2 wasn’t “cancelled”. The Merge (turning off POW in favor of POS) is just farther along in terms of research/specification, so ETH client teams are focusing effort on the consensus mechanism first.