In 2017, Vitalik Buterin defined the ‘Scalability Trilemma’ which consisted of 3 attributes that every blockchain had to balance depending on its intended use cases: decentralisation, scalability and security. While Ethereum sacrificed scalability in favour of security and decentralisation, others prioritised throughput over the other two. However, a solution was proposed, inspired from Web2 computer science - sharding. Despite the fact that Ethereum’s ossification and significant progress in zero knowledge research led to a shift in Ethereum’s roadmap away from execution sharding towards L2 rollups, there were other L1s that were designed from the get-go as sharded blockchains. One such example was Elrond, who implemented the beacon chain PoS consensus alongside a sharded execution layer. Their recent rebranding to MultiversX alludes to a multi-chain, interoperable ecosystem, in which sovereign chains can communicate in a similar manner to cross-shard transaction routing.

Topics discussed in this episode:
- Lucian’s background and founding Elrond (MultiversX)
- Elrond’s validator & shard architecture
- Cross-shard composability
- VMs, smart contracts and transaction routing
- Self sovereignty and modularity
- MultiversX vision
- Roadmap

Links mentioned in this episode: 
- Lucian Mincu on Twitter: https://bit.ly/3LQwCK0
- MultiversX on Twitter: https://bit.ly/4fwJkuQ
- xPortal on Twitter: https://bit.ly/4dpqBj8

Sponsors: 
- Chorus1: Chorus One is one of the largest node operators worldwide, supporting more than 100,000 delegators, across 45 networks. The recently launched OPUS allows staking up to 8,000 ETH in a single transaction. Enjoy the highest yields and institutional grade security at chorus.one - 
- Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at gnosis.io -

This episode is hosted by Felix Lutsch. Show notes and listening options: https://epicenter.tv/559

Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

#559 Lucian Mincu: MultiversX – Blockchain Sharding 101

Scalable Blockchain

Blockchain

Epicenter is a podcast about the technologies, projects & people driving decentralization and the global blockchain revolution.

Epicenter is hosted by Brian Fabian Crain, Sebastien Couture and Meher Roy. Every week, we find the most interesting people in the industry for in-depth discussions about their projects, ideas and stories.

New tracks tagged #multiversx