Ontology sharding

Sharding is one of the many methods in which developers are trying to improve transaction speed in the blockchain as it is of vital importance for any network to acquire greater importance in the financial space.

Ontology wants to ensure decentralization and security of blockchain networks while achieving high scalability through implementation of scalability properties on the base layer. This will solve these challenges and allow Ontology to accomplish large-scale network expansion.”

Ontology sharding includes three dimensions:

1. Network Sharding

2. Transaction Sharding

3. State Sharding.

Network Sharding: The Ontology sharding network uses a hierarchical structure and each shard network is managed independently.

Transaction Sharding: Ontology transaction shards are based on smart contracts and each smart contract runs on a shard network.

State Sharding: All services in the shard are implemented in smart contracts.

The goals that Ontology wants to achieve by sharding are :

• Effective linear scalability
• Atomic cross-shard transaction processing
• Transactions inside a shard being only processed by nodes in this shard
• Using ONG for the sharding network incentive model.

Ontology sharding supports transactions of smart contracts within shards and cross-shards. It also facilitates the migration of smart contracts across shards.

The consensus which Onotolog sharding use is Byzantine Fault Tolerance(VBFT) as main chain.

The above being said, it is evident that Ontology team is a step ahead when it comes solving scalability issues and sharding is most likely the solution to all these challenges.