Hybrid sharding is a method used to improve the scalability and efficiency of blockchain systems. It combines two types of sharding: state sharding and transaction sharding.State sharding involves dividing the blockchain’s data into smaller, manageable pieces called shards. Each shard contains a subset of the network’s overall state, letting different nodes process transactions and maintain only a portion of the blockchain data. This reduces the workload on each node and allows for faster processing times.Transaction sharding focuses on splitting transaction processing into different shards. This means that multiple transactions can be executed in parallel across various shards, rather than sequentially on a single chain. As a result, the system can handle a higher transaction volume.By integrating both methods, hybrid sharding balances the advantages of efficient data storage and swift transaction processing. This approach enhances a blockchain’s overall performance, enabling it to support more users and applications without sacrificing security. As blockchain technology continues to evolve, hybrid sharding presents a promising solution to scalability challenges.
Russia Grants Banks Limited Approval to Handle Cryptocurrencies
Russian banks will be allowed to conduct cryptocurrency operations under strict conditions, the Central Bank announced Friday, marking a cautious