Ethereum core developers recently had a meeting to discuss the most significant upcoming updates to the ETH network at Ethereum Core Devs Meeting #40 that took place on Friday, June 15th. The main topic of discussion involved testing, client updates, research update, and Casper and Sharding Upgrades.
The key point of this meeting was rescheduling the releases of two main Ethereum chain upgrades Casper and Sharding. Casper was supposed to have been released as a smart contract separately from the sharding upgrade. The new proposals suggest that Casper may be discharged on a shard, or a sidechain instead.
Sharding, which was announced by Ethereum’s co-founder Vitalik Buterin in April 2018, is a design of increasing the number of transactions that a blockchain can process. The purpose of sharding is that the nodes store just a part of the distributed registry, but each element of sharding i.e. a node can rely on the information of others. As Buterin stated, the altering launches of sharding and Casper would “basically scale up” the chain to its “theoretical maximum.”
There were other developers present to discuss their part of the updates. The testing developer mentioned the Genesis scheme which is taking almost four months. With regard to the client updates, the developer said that they are focusing on the performance and they have released an update last week which was 20-30% faster and lighter.
Peter Szilagyi, a developer said:
“we have a lot of ideas that we’re currently bench marking and tying to implement.”
Sharding developer, Raul Jordan said:
“we have essentially finished the minimal sharding protocol implementation and currently have proposed the notary. First release will involve containerized system.”
In late April, the Ethereum Improvement Proposal [EIP]: Hybrid Casper FFG was introduced, proposing to solve the issues associated with crypto mining by presenting a hybrid system of consensus. As per the latest proposal, Ethereum network would combine PoW with PoS consensus, with the goal of eventually transitioning to PoS.
Banderovetz, a Twitter user commented:
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