While bitcoin is breaking records, CryptoCoinsNews reports that ethereum has fallen to a 7-month low against bitcoin’s value as it fails to move past $300. Not all hope is lost, however, as ethereum flagship conference, Devcon, took place earlier this week. There, Coindesk reports that Vitalik Buterin, ethereum creator, announced the roadmap for the next few years. Buterin discussed solutions to exponential storage costs, planned upgrades to the ethereum virtual machine, and the idea of running ethereum in a web browser. He stressed that scalability was the main problem and believes that “sharding” is the likely solution. Sharding would split ethereum into different shards, and this partitioning would allow for more experimental changes on smaller shards and more cautious ones to the main blockchain.
At DevCon, CoinDesk also reported on swarm, the decentralized storage branch of ethereum. Victor Tron, swarm lead developer, revealed that swarm was now compatible with the ethereum client, Geth, and the project’s messaging protocol, Whisper. This completes ethereum vision of a “holy trinity” to provide an alternative to the internet. Tron believes that swarm, while still proof-of-concept, could “pave the way for many beautiful things such as distributed public archives that cannot be shut down or censored.”