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Knowing The Difference Between Dankshrading & Proto- Dankshrading
By Laxmikant Khanvilkar
The roadmap’s completion date is hard to forecast since components are generated at different paces. External factors may affect upgrading speed and priority.
As Ethereum becomes safer, scalable, and performant, it will change less, like biological development.
If you are following virtual digital assets (VDA) or cryptocurrency, you must be intrigued by recent developments. These are essentially causing wild swings in prices, which ultimately influence investor decisions. Keeping a close tab on these factors helps generate winning deals. Investors eagerly await events such as Bitcoin halving or Ethereum upgrades.
As regards Ethereum, the dankshrading and proto- dankshrading are critical components in upgrades. Let’s try to understand the difference between these upgrades. They are core to the future of Ethereum scaling.
Danksharding is a layer-2 scaling solution designed to empower Ethereum, the world’s second-most popular blockchain, to achieve its full potential. Proto-danksharding plays a crucial role in the overall danksharding roadmap. Proto-danksharding has been successfully integrated into Ethereum improvement proposals through the Ethereum Cancun-Deneb upgrade, which approved it as part of EIP-4844.
On January 17th, the team implemented the upgrade on the Goerli testnet. Dencun’s testing schedule sets the next important phase for Jan. 30, with the implementation on the Sepolia testnet. The Ethereum development team has set the Holesky testnet to launch on February 7.
Nevertheless, the Ethereum development team has not yet revealed the mainnet implementation date for the upgrade.
Our goal is to optimize Ethereum layer-2 solutions, specifically rollups, to ensure they are as efficient and speedy as can be, especially as the blockchain experiences increased user traffic.
Danksharding represents a crucial step in the ongoing Ethereum network upgrades aimed at optimizing the network’s overall capacity.
Layer-2 solutions improve the efficiency and scalability of blockchain technology.
Layer-2 solutions build upon an existing blockchain, serving as additional frameworks or protocols. They incorporate enhancements that enhance the scalability of the underlying chain. The fundamental chains of layer 1 handle and regularly validate transactions on-chain, while layer 2 functions as distinct off-chain networks.
Users can easily interact with a layer-2 front-end such as Arbitrum, which offers faster and more cost-effective transaction processing compared to Ethereum.
The scalability of Ethereum and the advancements in rollups.
Optimistic rollups and zero-knowledge rollups are the two most common varieties. Optimistic rollups have gained significant popularity as an Ethereum scalability solution. Operating alongside the Ethereum blockchain, they offer a valuable advantage due to their composability.
Rollups are another type of layer-2 solution, similar to channels, plasma, sidechains, and validium.
Optimistic rollups have gained more popularity compared to ZK rollups due to their ability to execute smart contracts. Nevertheless, ZK-rollups primarily focus on straightforward transactions.
Introducing data blobs to Ethereum, Danksharding and proto-Danksharding are making significant advancements.
At the heart of the layer-2 scaling danksharding implementation lies the incorporation of blobs. Large units of data called blobs are specifically designed to be part of Ethereum’s transactional structure. Rollups currently utilize calldata for storing transaction data.
Transactions contain blobs with a 125-kilobyte payload stored on the Ethereum consensus layer rather than the Ethereum Virtual Machine (EVM)-like calldata. Through the implementation of this technique, users can experience cost savings by minimizing storage overhead and facilitating more affordable data transmission in rollup transactions.
Kate, Zaverucha, and Goldberg are the three original authors after whom the KZG polynomial commitment scheme, used in proto-danksharding, is named. KZG compresses data blobs into compact cryptographic commitments.
The cryptographic technique employed by KZG enables the validation of data stored in blobs without the need to process the entire blob or disclose its complete contents.
Challenges arise when considering Danksharding and proto-Danksharding in relation to the blockchain trilemma.
Achieving scalability, decentralization, and security simultaneously is a significant challenge for any blockchain network. The term was coined by Vitalik Buterin, co-founder of Ethereum, who believes that blockchain platforms can effectively achieve two out of these three goals.
Blockchains operate independently of external institutions, such as banks, to uphold records and validate transaction ledgers. A decentralized network of independent computers known as nodes conducts this process on a blockchain.
Efficient layer-2 solutions provide blockchain networks with enhanced capabilities to counter the dominance of centralized payment giants.
Centralized payment systems such as Visa have the advantage of processing transactions on a larger scale due to their closed networks that do not rely on shared consensus. Danksharding and proto-danksharding techniques address the blockchain trilemma by implementing blockchain sharding. Danksharding optimizes one of Ethereum’s key layer-2 solutions, rollups, by enhancing the capacity of the Ethereum network through layer-2-based off-chain transaction processing.
The end of the Ethereum roadmap
Over the next six months, the team plans to implement a few updates, including staking withdrawals. It might take another five to 10 years to apply certain enhancements, such as quantum resistance.
Determining the completion date of the roadmap is challenging because components are being developed at concurrent and varying speeds. In addition, external factors can influence the timing of an upgrade, leading to changes in its priority.
As the network becomes more performant, scalable, and secure, fewer changes will be required in the evolution of Ethereum, which can be compared to biological evolution where adaptability is critical.
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