For the blockchain, scalability has always been a big problem, and Ethereum has always wanted to solve this problem. Virgil Griffith, a special projects representative of the Ethereum Foundation, attended Consensus: Singapore today. The scalable solutions “Plasma” and “Channel State” will launch before the end of this year. “This is our goal,” he said.
Ethereum announced earlier that it would delay the development of the consensus mechanism “Casper” for 12 months to reduce block rewards and maintain stability. Griffith said that Casper still has unresolved issues. “No one knows how to deal with it, sorry.” But the team will continue to deal with the problem.