Vitalik Buterin: Ethereum creator Vitalik Buterin was expected to share the 12-month vision of the world's second largest Blokchain project on Wednesday at the Deconomy conference in South Korea's Seoul city of South Korea, but contrary to expectations, he preferred to talk more about potential.

Vitalik Buterin believes that the Ethereum platform needs to change

However, discussions with other Ethereum research scientists have shown that Vitalik Buterin believes that the platform needs to change to meet the growing interest from developers.

Vitalik Buterin: "Do not dream with ethereum-based platforms."

The most striking thing was that Vitalik Buterin had a clear statement about Ethereum and that Ethereum had a low number of operations now. This problem became even more pronounced after the first applications of the platform, which were very popular last year.

Vitalik Buterin: "If you want to build Uber or Lyft applications on an Ethereum that can not rise, then you are fine."

The ethereum network grows much more than the network capacity limit. That's why Vitalik Buterin participated today and said that everyone who is trying to produce "decentralized Uber" or similar applications will be disappointed. While the Uber application sees 12 driving requests at the moment, Ethereum performs only 15 transactions per second compared to its estimates. Vitalik Buterin added that:

If you want to build Uber or Lyft applications on an Ethereum that can not rise, you are boss. Wait.

Vitalik Buterin sees the sharding system as a solution to possible scaling problems

However, he talked about some possible solutions to Vitalik Buterin's speech. At the same time, it was among the possible scaling solutions in the "sharding" system, which would divide Ethereum's Blockchain and record the data in two separate sections.

Vitalik Buterin did not explain a possible timetable for the solution

Nonetheless, Vitalik Buterin, who does not explain a possible timeline for the solution, noted that Blockchain saw Blockchain more socially and culturally because of today's complexities, adding:

You are trying to read any Wikipedia article about any mathematics topic, and what you will encounter is complex, incomprehensible formulas.

Wider mass participation required as the best solution to scaling difficulties

Karl Floresch, an Ethereum research scientist, called for the participation of wider masses as the best solution to the scaling challenges.