For those who don’t know, sharding is defined as a method that increases the number of transactions a blockchain can process at one time. How does it increase the number of transactions? Well, multiple networks computers break apart the transaction workload, dividing it between one another. This allows for more transactions to occur at the same time.
As mentioned, there has also been some negative news emerge about Ethereum (ETH) this week. There is a report that has surfaced, stating regulators are debating whether or not to treat Ethereum (ETH) like securities. The report also indicated that regulators are having the same debate over other forms of cryptocurrency. For Ethereum however, the report caused ETH prices to drop in the past twenty-four hours. Currently, Ethereum is down 3.29%.