Optimizing Blockchain Scalability Through Sharding and Rollups

The world of blockchain is really coming at a very rapid rate and it is transforming a lot aspect of our world beyond what we can ever imagine of. It has helped to offer something unique to a lot of sectors due to the Decentralised and transparent nature which helps a lot of financial services not only to be carried out but to be carried out in a more unique way than we have been used to it before.

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But even with lot of potentials that the Blockchain technology has to offer, it is still suffering from a challenge which I strongly believe needs to be looked into and that is the scalability aspect. What do I mean by scalability? The Blockchain space is still finding it hard to be able to handle high volume of transactions and the speed not reducing. Trust me it has become a major challenge because day by day, the value of Blockchain keeps spreading and keeps developing much more than we can expect.

Most of the time, when there is a big demand, it always affect the speed of the transactions and which is a great thing actually to see I must confess. Then there is a solution that has been discovered which will help deal with it and that is the sharding which I will be talking about today. Even though sharding emerges from layer 1 and even though we are so much in layer 2 recently, sharding still helps to give a perfect solution for the challenge of scalability that the Blockchain space is facing.

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Let me briefly explain how sharding works. It works in a way whereby it pick a particular Blockchain network and then break it down into smaller size which is normally called shards. With that, each of the shard that was broken down will now run processes with limited transactions so that cumulatively all these shards will have run a very huge transaction at the end of the day. There are various steps that is involved when it comes to sharding which I will also like to talk about. The first is the partitioning of the networks which involve dividing the Blockchain network to smaller size called shard. Then other steps will follow like the parallel processing, cross shard communication and many more.

There are of course a lot of advantages that sharding offers. Advantages like the increased throughput, scalability and even many more. Even though there is also challenges attributed to it. Challenges like the security risks, cross shard complexity and even many more. I am so sure that in years to come, we will have more sharding taking place in the Blockchain space actually.