Ethereum Scalability Solution is Coming Soon, says Vitalik Buterin
Ethereum has a plan to fix its well-known scaling issue, and co-founder Vitalik Buterin says the solutions will start rolling out soon.
In an interview with BLOCKTV this week, he said that scaling, a major Ethereum problem that's been mentioned many times, is something the team will be dealing with in the short term. There's already a lot of progress accomplished in this area, "the spec there is almost done," and "it’s mostly an implementation challenge now," he claims.
What Ethereum team seems particularly excited about is another scaling research that Buterin says is making progress and is coming soon: Rollups.
Buterin explains in simple terms that a Rollup is a scaling technique that keeps transaction data on-chain, in a compressed form, but the computation is pushed off-chain.