How Redstone can solve sharding. Hi, I’m Toni Dumančić, lead developer of Redstone. For my implementation of sharding, the transaction will be sent from the main wallet chain, and it will be transferred to the chain with the least amount of transactions present. The miner will be able to choose what chain to mine, and most will choose the chain with most transactions, since they get paid for it. But people who choose the chain with the least transactions will get paid better (eg. if is 30% less load, 30% better paid). We want three chains because transactions will go through quicker and smoother, therefore we reduce transaction times.
I have written about how sharding will work Redstone will have 3–50 blockchains at the same time. Now let's look at Ethereum ethereum will divide blockchain into 64 shards, Redstone will do the same thing but with more blockchains so that means Redstone will achieve better scalability and security of the network. The network will be divided into 50 blockchains that will be divided into 64 shards every node will sync only the blockchain they need but masternodes will sync the whole network to ensure data will not be lost. Redstone will use proof of stake protocol. This is our system of achieving scalability of blockchain and cryptocurrency. This is still under development and it will take a long time to make it we have just a few devs that are working part-time on this project if you will like to invest in this project and support the development.
https://commerce.coinbase.com/checkout/cd955503-66ac-490c-a4d7-c908a672582a With this we can expect 5m tx/s
-Toni Dumancic Lead Redstone Developer
http://redstone.crypto.ba/