Ethereum has been involved in prospects for scaling its platform. Recently, ethereum researchers suggested that by using snark based side chain, ethereum blockchain network can be scaled to 17,000 transactions per second. BlockPublisher asked Vlad Zamfir, member of the ethereum development team and analytics consultant at Burson Marsteller, if scaling network to 17,000 transactions per second was possible. His response to BlockPublisher, while clarifying the feasibility of scaling, posed a questionable aspect of scaling ethereum blockchain. He said:
Yes. But are we really ready for blockchain scaling?
The team of ethereum researchers that included Barry Whitehat, Alex Gluchowski, Harry R, Yondon Fu, and Philippe Castonguay proposed the use of snark based side chain for scaling the ethereum blockchain network. With snark based side chain, the researchers suggested that users can perform large transactions without worrying about channel operators who may intend to degrade the channel.
The researchers explained that even in the worst case scenario when the system falls to the on-chain token, malicious operators could not steal or posses users’ holdings for a long period of time.
Furthermore, they claimed that as invalid state transitions would not be supported by snark based side chain, recovery from operators could be achieved without compelling all the users to exit the channel prior to the recovery procedure. But the ones willing to exit would have the option to exit as well. The off-chain solution proposed by researchers is an extension to Vitalik Buterin’s on-chain solution for scaling ethereum blockchain.
Last month, Vitalik Buterin showed disagreement with Afri Schoedon, who suggested that ethereum blockchain was running on capacity with dApps. Buterin suggested that ethereum blockchain could be scaled upto 500 transactions per second with the use of ZK-SNARKS. He further explained that it was all possible without deploying second layer solutions.
While the scaling solutions by ethereum researchers recommended scaling up to 17,000 transactions per second, Vlad raises a question that is the world prepared for blockchain scaling. BlockPublisher is awaiting a response from Vlad to enlighten the criteria for evaluating factors that decide whether we are ready for blockchain scaling or not.