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Shohanur Rahman Shuvo
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What is sharding in crypto and why does it matter? 🧵 1/ Sharding divides a network into smaller pieces (shards) to improve speed and scalability. It’s key for handling high transaction volumes in decentralized systems. 🚀 2/ Each shard operates like a mini-network with its own ledger and nodes. They work in parallel and communicate to ensure data consistency across the entire network. 🔗 3/ Unlike Bitcoin’s single-layer transaction process, sharding processes data in fragments, allowing faster and more efficient operations. ⚡ 4/ Ethereum 2.0 uses sharding to solve scalability issues, while Bitcoin hasn’t adopted it yet. Other solutions include: Lightning Network: Off-chain transactions for speed. Rollups: Bundling transactions to save resources. 5/ Risks include potential security breaches in shards and technical challenges to maintain network consistency. 🚧 $ 6/ Sharding is a game-changer for scalability, but it’s still evolving. Could it be the future of blockchain? Let us know your thoughts! 👇 $GNO {spot}(GNOUSDT) $NEXO {spot}(NEXOUSDT) $MKR {spot}(MKRUSDT) #ShohanurRahmanShuvo #Binance #analysis #ShareYourTrade #CryptoMarketDip
What is sharding in crypto and why does it matter? 🧵

1/ Sharding divides a network into smaller pieces (shards) to improve speed and scalability. It’s key for handling high transaction volumes in decentralized systems. 🚀

2/ Each shard operates like a mini-network with its own ledger and nodes. They work in parallel and communicate to ensure data consistency across the entire network. 🔗

3/ Unlike Bitcoin’s single-layer transaction process, sharding processes data in fragments, allowing faster and more efficient operations. ⚡

4/ Ethereum 2.0 uses sharding to solve scalability issues, while Bitcoin hasn’t adopted it yet. Other solutions include:

Lightning Network: Off-chain transactions for speed.
Rollups: Bundling transactions to save resources.
5/ Risks include potential security breaches in shards and technical challenges to maintain network consistency. 🚧
$
6/ Sharding is a game-changer for scalability, but it’s still evolving. Could it be the future of blockchain? Let us know your thoughts! 👇

$GNO
$NEXO
$MKR
#ShohanurRahmanShuvo #Binance #analysis #ShareYourTrade #CryptoMarketDip
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⚡️ NOW: JPMorgan’s Evolving Relationship with Bitcoin September 2017: JPMorgan CEO called #Bitcoin a fraud and threatened to fire any employee trading $BTC. 2018: The CEO acknowledged blockchain as legitimate but dismissed cryptocurrencies. 2021: Bitcoin was deemed worthless, likened to a pet rock. July 2021: JPMorgan published educational materials on cryptocurrencies on their official website. September 2023: JPMorgan’s UK bank, Chase, banned crypto transactions due to rising fraud cases. January 2025: JPMorgan now recognizes Bitcoin and gold as structurally key components of investment portfolios. $BTC {spot}(BTCUSDT) $BNB {spot}(BNBUSDT) $ETH {spot}(ETHUSDT) #Binance #analysis #ShohanurRahmanShuvo #TradingCommunity #Lista
⚡️ NOW: JPMorgan’s Evolving Relationship with Bitcoin

September 2017: JPMorgan CEO called #Bitcoin a fraud and threatened to fire any employee trading $BTC .

2018: The CEO acknowledged blockchain as legitimate but dismissed cryptocurrencies.

2021: Bitcoin was deemed worthless, likened to a pet rock.

July 2021: JPMorgan published educational materials on cryptocurrencies on their official website.

September 2023: JPMorgan’s UK bank, Chase, banned crypto transactions due to rising fraud cases.

January 2025: JPMorgan now recognizes Bitcoin and gold as structurally key components of investment portfolios.

$BTC
$BNB
$ETH
#Binance #analysis #ShohanurRahmanShuvo #TradingCommunity #Lista
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