The co-founder of Ethereum, Vitalik Buterin, proposed using Bitcoin Cash as a short-term solution for adding a data availability layer to Ethereum.
While this sounds like a solid idea in theory, what Butalik is actually suggesting is using the Bitcoin Cash blockchain as Ethereum's data layer.
Erin shared his proposal on the ETHResearch forum, saying that Ethereum's long term scalability plan is going to be Ethereum 2.0.
The network's planned 10 MB/sec data throughput will be much higher than that of any existing blockchain, he said, which would effectively solve most of Ethereum's scalability problems.
Until Ethereum 2.0 sees the light of day, Buterin suggested developers started working on other scalability solutions that rely on a non-scalable computation layer combined with a scalable data layer.
The solution he believes is a "Perfect fit" for Ethereum is Bitcoin Cash.
Erin cited BCH's 32 MB per 600 seconds of data throughput and low fees as two of the biggest reasons why using it as a data layer for Ethereum would be perfect.
According to Buterin, Ethereum already has all the machinery it needs to verify Bitcoin Cash blocks inside of ETH, adding that verifying BCH blocks is much cheaper than verifying Ethereum Classic blocks.
The majority of those ridiculing Buterin's suggestions seem to be adamantly against any cryptocurrencies other than Bitcoin, with some saying Ethereum and Bitcoin Cash were helping each other collapse faster.
Eric Wall, a privacy tech advisor at the Human Rights Foundation, pointed out that Bitcoin Cash had a debilitating weakness that could prove to be fatal for Ethereum.
Vitalik Buterin proposes using Bitcoin Cash as Ethereum's data layer
gepubliceerd op Jul 16, 2019
by Cryptoslate | gepubliceerd op Coinage
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