Multi-consensus sharding is a method used to improve the scalability and efficiency of blockchain networks. It involves dividing the blockchain into smaller, manageable pieces called “shards.” Each shard operates independently and processes its transactions, allowing multiple transactions to occur simultaneously.The “multi-consensus” aspect means that different shards can use different consensus mechanisms. For instance, one shard might use proof of work while another uses proof of stake. This flexibility allows for customized solutions tailored to the needs of specific shards, enhancing both performance and security.By spreading the workload across various shards and enabling diverse consensus methods, the overall network can handle a much higher transaction throughput. This reduces congestion and improves the user experience. Overall, multi-consensus sharding aims to create a more robust and scalable blockchain architecture, making it easier for applications to grow and function efficiently.
Aave Labs Acquires Stable Finance to Expand Consumer DeFi Products
Aave Labs has acquired Stable Finance, a San Francisco-based fintech company focused on stablecoin savings, in a move to strengthen

