The cross-chain technology of Cosmos and Polkadot, or web 3.0 are very hot recently, very popular. Compared to these, what advantages do MultiVAC's Sharding scalability have?
BEN_MultiVAC last edited by BEN_MultiVAC
The essence of cross-chain technology makes different blockchains connect to each other, share value among them, and has intermediate modules to be responsible for security, which is very similar to the design of Sharding. However, I think, there are lots of problems waiting to be solved in cross-chain technology, for example, security. It is pointless to circulate data alone. We have to make sure data circulation based on the standard of unification and integrity. When data flows into blockchain, from low-level security to high-level security, we still need to re-examine the data (same to re-produce the data), which is pointless for cross-chain technology.
Let me put it in this way, a man takes off from a small airport where security is slack, but he has to transfer flight in a bigger airport with stricter security check. If he wants to get through, he has to be re-examined again. There would be no difference between these two airports if the bigger one gets him through without re-examination.
Polkadot connects the existing blockchains together, allowing them to exchange data, which may be a false demand since blockchain field just like other fields may have the problem of value concentration. Eventually, only a few blockchain projects can survive, and others will be forgotten in the history. However, value exchange among these surviving blockchains can be achieved by exchanges. But some applications can be operated in one blockchain, such as DApp is only deployed in EOS. Even though data can be transferred to ETH, this DApp can't run on it, which fails to solve throughput issue.
The MultiVAC's Sharding technology generates many equal Shards, which means an operation can run in one Shard, it also can run in another. Therefore, our Sharding technology alleviates the trading volumes burden through equalizing Shards, further promoting throughput capacity. MultiVAC's Sharding solution avoids the risk of value concentration because every Shard is equal. Our ambition is much bigger than Polkadot. Polkadot wants to be the middleman among great entities with enormous value, while MultiVAC hopes that it is the entity itself embedded with great value.
As for web 3.0, honestly, everyone has his own interpretation about it. Google regards web 3.0 as cloud computing, which is absolutely different from blockchain. If I have to name one technology that has great potential to be the future leader on the Internet, that would be web 3.0. We, MultiVAC, have confidence about it since we are not only a connector, but also a carrier.