Ethereum: Unlock scalability with segregate witness
In the continuous search for decentralized, high -performance blockchain networks, Ethereum was at the forefront of innovation. A recent development that promises to revolutionize how we think of scalability is the witness segregat (S2). This new interesting feature is set to transform the Ethereum network, allowing faster transaction processing times and larger block dimensions than ever.
What is the segregated witness?
The Segregate witness, also known as S2, is a new consensus algorithm, designed by Constantinum “Cosmos” Cosmas and Mihai Alisie. It is based on the tolerance to Byzantine errors (BFT), which has proven to be resistant against 51% attacks on Ethereum Mainnet.
S2 is based on three key components: miners, transaction verification and intelligent contract. The miners check the chain transactions, while validating their execution through a separate witness network. In this decentralized system, the miner’s identity is not disclosed to any third party, ensuring the safe integrity of the data and preventing centralization.
How does the segregated witness work?
Here is a simplified breakdown of how S2 works:
- Validation of transactions : Miners check for chain transactions using Byzantine error tolerance (BFT) to ensure their validity.
- Witness network : Miner creates a network of witnesses who check the transaction execution and store it in a blockchain.
- The S2 algorithm: When a miner is selected to mine, it creates a S2 block, which contains several transactions. Each transaction includes a unique “suggested” weight value, representing its priority in the mining process.
- Weight sorting : Miners sort transactions by their suggested weights and select the upper weighted ones (ie those with higher priority) to include in the new block.
- S2 Creating the block
: The selected transactions are combined to form a S2 block, which is checked by all knots on the chain.
How can the segregated witness improve the network scalability?
The main advantages of S2 are:
- Increased transaction flow : With several miners contributing to the network, the general processing power increases, which leads to faster transaction times.
- Larger dimensions of the block : The increased processing capacity allows larger blocks (ie larger dimensions of the block), without sacrificing security or decentralization.
- Improved efficiency of the intelligent contract : S2 reduces the pregnancy in the network, allowing to function simultaneously more complex and intense intelligence contracts in terms of calculation.
Will the segregated witness replace to replace traditional work proof?
No, the segregate witness is not designed to replace the work proof (POW). Although it uses a similar mechanism of consensus, its architecture differs significantly. Pow is based on the traditional mining process, while S2 is based on the network of decentralized witnesses.
In fact, Ethereum developers intend to use S2 as an incremental update, based on the proof architecture of the existing work to create a more scalable and efficient system.
Conclusion
Segregate witness is an innovative development in search of high performance blockchain networks. By using Byzantine error tolerance (BFT) and reducing the network calculation load, S2 has the potential to unlock faster and larger block sizes as ever. As Ethereum continues to innovate and expand his ecosystem, the Segregate witness is certain that he will play a significant role in modeling the future of decentralized calculation.
As we look forward to implementing S2 on Ethereum Mainnet, one thing is clear: this new consensus algorithm has the potential to revolutionize the blockchain landscape, allowing faster, more scalable and safer transactions to all.
