Sharding is a method used to enhance the scalability and efficiency of blockchain networks. By breaking down the entire network into smaller, manageable pieces called “shards,” transactions can be processed simultaneously across these shards rather than sequentially.Each shard maintains its own subset of the network’s data and processes its own transactions. This decentralizes the workload, allowing for faster transaction times and increased overall capacity. As a result, more users can engage with the network without causing bottlenecks.Implementing sharding can significantly reduce latency and improve performance, especially for platforms that require high transaction throughput. It enables blockchains to handle a growing number of users and applications without compromising on speed or security.However, sharding also introduces complexities, such as ensuring the security and integrity of each shard and maintaining communication between them. Balancing these challenges is essential for optimizing the benefits of sharding while minimizing potential risks.

Bybit Removed from France’s AMF Blacklist After Two Years of Compliance Efforts
Cryptocurrency exchange Bybit has been officially removed from the blacklist of France’s financial markets regulator, the Autorité des Marchés Financiers