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A comment on Bitcoin Price Hits All-Time High of $19,786, Topping 2017 Record. Parent comment

Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by tomp on Monday November 30, 2020 @01:17PM (#25256990)
Isn't the basic idea of ETH still "distributed computer" a.k.a. "pointless redoing every computation over and over" albeit with 2.0 it's sharded (i.e. only a subset of verification nodes redoing each computation)?

Still sounds wasteful, except slightly less massively so.

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Re:Bitcoin Price Hits All-Time High of $19,786, Topping 2017... by dlubarov on Monday November 30, 2020 @10:05PM (#25261834)
That's accurate, although Eth 2 is planning to use fairly small shards (128 nodes according to the current spec). So there should be ~128 nodes redoing each computation, vs several thousand in Eth 1.

Some newer projects (including the one I work on, mirprotocol.org) are using cryptographic proofs to verify each computation, to avoid re-execution entirely.

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