The Sharder Genesis: Origins

The Sharder Chronicles: What Is Blockchain Sharding?

The cryptocurrency revolution of the early 21st century is a harbinger of technological innovation and democracy. The underlying technology of 90% of cryptocurrencies, the blockchain, is immutable and is inherently resistant to hackers; although blockchain technology is a technological innovation that will stand the test of time, no technology is conceived under the wings of perfection. It is incumbent to overcome this particular obstacle if cryptocurrency and blockchain technology are ever adopted ubiquitously and globally; that dilemma is scalability. According to usa.visa.com “ VisaNet handles an average of 150 million transactions every day and is capable of handling more than 24,000 transactions per second.” To compare Visa to Bitcoin and Ethereum, the transaction processing capacity of Bitcoin is a mere 3.3–7 transactions per second, whereas Ethereum’s processing capacity is only 15 transactions per second. Other blockchain’s boast faster capacities such as NEO’s 1000 transactions per second and NEM’s processing capacity is over 4000 transactions per second. The main dilemma we face as we rise from an emerging asset class to a globalized free market economic system is scalability. So what is scalability and blockchain sharding?

Scalability is the ability for a blockchain to adapt to differences in network traffic, performances and transaction rates, thus causing network congestion which causes slower transactions and higher transaction costs to dissipate. Picture a blockchain like a parkway with various vehicles on the road, the more vehicles on the parkway, the more congestion builds up; this in turn leads to more accidents and worse gas mileage, which drives up costs using the highway! Scalability would enable the traffic congestion on the parkway (blockchain) to cease to exist, lowering transaction costs due to lower amounts of traffic! The recent technological zeitgeist and innovation that is being discussed ubiquitously throughout the blockchain space to address scalability is sharding. Blockchain sharding is a protocol that has been highlighted by Vitalik Buterin, the co-founder of Ethereum looking to address the scalability problem that haunts the blockchain he conceived! Blockchain sharding is a protocol that partitions a blockchain network into smaller, faster and more easily manageable parts that contain their own pieces of transaction history known as Shards. Within the Ethereum network, every single node (known as full nodes) must process every transaction, like a human being at work, an overload of labor causes fatigue and physical capitulation. Blockchain sharding would in essence “lighten the workload” on the nodes that exist within the Ethereum network and any blockchain that implements and re-architects utilizing sharding technology. Sharding a blockchain enables more transactions to be fufilled thus spearheading the cryptocurrency revolution into the lenses of mainstream entities and corporations! Although blockchain sharding is a unique way to address scalability, The Sharder Protocol’s name was chosen because of it’s prime and crucial purpose, data sharding; blockchain sharding and data sharding are two different methods of sharding!

The Sharder Origins: What Is Data Sharding, The Unique Technology That Is Utilized By The Sharder Protocol?

The name “ Sharder” comes from the word “shard” in computer science! Blockchain is a new revolutionary technology that integrates distributed storage, a consensus ledger and peer-to-peer transfers! The Sharder Protocol’s grand vision that will enable it to become a generational Titan within this space like Cronus, “The Greek God of Time” is it’s unique ability to shard data for every single blockchain that will ever exist on our planet and beyond! Data-sharding is the process of storing data records across multiple machines. Data sharding enables users, in this case, public and private blockchains, to keep large volumes of data evenly distributed across various nodes and to add capacity to these nodes as needed. As data production continues it’s onslaught bringing about a human societal transcendence into a Tier-1 civilization according to the Khardashev Scale, data sharding provides the support to meet the growing demands of data growth! The Sharder client can be deployed on all public and private blockchains, storage networks and personal nodes as well; The Sharder Protocol will be the first universal cross-chain distributed data storage solution to exist within cryptocurrency and the blockchain ecosystem! The Sharder Protocol has assembled a distributed storage network that enables individuals, corporations, countries and enterprises to have access to cost effective storage space and reliable offline encrypted data storage! The Sharder Network has a unique advantage over it’s competitors due to it’s adaptability; it is able to be implemented on not only public blockchains but also storage networks such as IPFS and the Baidu Cloud! The Sharder Protocol can also be utilized on hard disks and cloud disks (did I mention any Dapp can be developed for free utilizing the Sharder Chain)!

Sowing The Seeds Of An Ecosystem Of Distributed Storage: An Introduction Of The Technology Within The Sharder Ecosystem

Data-base sharding to add is a type of database partitioning that separates monolithic size databases into small and more easily manageable parts; the word shard means “a small part of a whole.” Within The Sharder Protocol, a data bean is a data object that has not been transformed by sharding and a data-owner within The Sharder Protocol are the owners of the data beans that exist within the network. The data that is owned by the data-owners have the original signatures of the owners of that particular data bean; these original owners of the data within a particular data bean have the right to check the data whenever they deem it necessary as a precaution to ensure that data is securely stored on storage nodes. Data owners can also implement different levels of security dependent on the importance of the data being stored! A unique Dapp built within The Sharder Ecosystem, Bean Cloud, can be used ubiquitously throughout various sectors of industry such as e-commerce, finance, government operations and medical care for storing data and e-documents securely and inexpensively! Sharder is set to release their own mining software by the end of 2018; the Sharder Hub is a piece of hardware is a miner that shares your existing idle storage within your own computer and the Sharder Box is an “all-in-one” miner that provides massive amounts of computing power and huge storage capacity as well! Utilizing these pieces of hardware contributes to the network and thus, an individual will receive Sharder token, the anchoring token of the Sharder Network, as a reward for their contribution to the ecosystem! Our world is driven by data and conventional storage solutions that exist today are falling behind as the generational zeitgeist of the 21st century will be surrounded by data production! Huge amounts of data lay vacant and idle in storage farms outside these storage centers! Imagine a distributed storage solution that utilizes this massive amount of idle storage, look no further than The Sharder Protocol! The Sharder Protocol is a reality, not an imagination; it is an amalgamation of cross-chain distributed storage and the first storage solution within the data sector of industry that enables Dapps to be built on it’s platform, for free!

Traditional storage solutions are prone to data breach, data abuse and access latency on multiple fronts, The Sharder Protocol prevents data breaches and data abuse of any kind through it’s encryption technology and unique architecture! The dawn of a revolutionary way to store data is on the horizon, through The Sharder Protocol’s decentralized, robust and inexpensive ability to store data, this protocol is a sleeping giant that should not be trifled with. The Sharder Protocol permanently records data and due to the immutability of blockchain’s, data is immutable as well within The Sharder Network! With a society of near limitless data production, an infinitely extendable distributed storage solution like Sharder is necessary! Within the Sharder Chain, dapps associated with customized cloud storage, artificial intelligence and the exchange of digital assets can all be developed within the Sharder Protocol; The Sharder Protocol is more than just a protocol, it is a living extendable organism and ecosystem that is adaptive to any environment! The Sharder Chain, it’s multiple chain network and all the dapps that exist within the network form The Sharder Network!

Sharder Origin’s: An Awe-Inspiring Vision Of A Global Cross-Chain Distributed Storage Solution That Will Dominate The Data Storage Sector: Conclusion

The Sharder Protocol’s name derives from it’s primary goal and purpose, to shard data and to enable enterprises, governments and organizations to store their data efficiently, inexpensively and securely. The Sharder Protocol is more than just a protocol, but an ecosystem that has limitless extendability, providing unprecedented potential to conquer and dominate other centralized and decentralized storage solutions that lack interoperability or systematic efficiency. The lack of interoperability is a focal problem that inhibits blockchain technology and cryptocurrency as a whole from becoming mainstream adopted. The Sharder Protocol is an interoperable cross-chain distributed data storage solution that can be utilized on any blockchain or storage network! The Sharder Protocol’s unique ecosystem of interoperability will revolutionize the way we store data!

Disclaimer: Cryptocurrency investing requires substantial risk, do not invest more than you can afford to lose! I am not a financial advisor and I am not responsible for any of your trades. I am an investor of Sharder Token and the information within this article represent my own thoughts and opinions. It is incumbent that you always do your own research before investing in anything!

Sources: https://usa.visa.com/run-your-business/small-business-tools/retail.html

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Link to Corey Costa, our community writer's Medium page: https://medium.com/@coreycosta