Kāinga Rārangi kōrero Ka kī a Ethereum kua wikitoria te raruraru toru o te blockchain
Ka kī a Ethereum kua wikitoria te raruraru toru o te blockchain
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Ka kī a Ethereum kua wikitoria te raruraru toru o te blockchain

Kohitātea 11, 2026

Ka kī a Ethereum kua wikitoria te raruraru toru o te blockchain

Ethereum kei te pūtake o te kōrero nui i te pūnaha blockchain i muri i ngā kōrero a Vitalik Buterin e kī ana kua riro te trilemma blockchain, te whiriwhiri i waenga i te haumaru, te mokowā, me te whakawhānuitanga, kua oti mō Ethereum. Ko tēnei trilemma, i roa e kīia ana he ārai nui ki te hanga whatunga blockchain pakari, e tohu ana kāore e taea e tētahi blockchain te whakatutuki i ngā āhuatanga e toru i te wā kotahi me te kore whakaiti. Ko te ara a Ethereum’s, e whakakotahi ana i te Proof of Stake, te sharding, me ngā otinga Layer 2, ka whakaaturia e Buterin hei tauira mārō mō te whakawhiti atu i tēnei herenga.
 
Ko te hurihanga a Ethereum’s ki te Proof of Stake tētahi o ngā pou o tēnei rautaki, e whakaiti ana i te whakakotahitanga o ngā kaiwhakamana i te wā e whakaurua ana he tikanga whakaaetanga e tino whai kaha pūngao i te Proof of Work. I te wā kotahi, ka whakapiki te whakatōpū ā‑taea o te sharding i te kaha o ngā whakawhitinga katoa me te kore whakaiti i te haumaru, te whai wāhi mokowā rānei. Ko ēnei whanaketanga hangarau ināianei e kīia ana hei taunakitanga tūturu mō tētahi hoahoa e āhei ana ki te whakakotahi i ngā hiahia matua e toru o te trilemma.
 
Ko ngā otinga Layer 2, pērā i ngā rollups, he wāhi nui hoki i tēnei tauira. Ka neke rātou i tētahi wāhanga nui o te tukatuka whakawhitinga ki waho i te aho matua, ka whakapiki i te whakawhānuitanga me te tiaki i te haumaru me te mutunga mā te papanga taketake a Ethereum’s. I tēnei horopaki, ka arotahi te blockchain ki ōna kaha matua, ā, ko ngā papanga runga ake e whakahaere ana i te whakapai ake o te mahi.
 
E ai ki ngā tohunga, kei te tūpato tonu rātou. Ka kī rātou ka taea te whakaiti i te trilemma engari kāore e taea te whakakore katoa, ā, ka puta anō ngā whiriwhiri i ngā wāhi pērā i te uaua o te whakawhanaketanga, ngā utu whakatūhono i waenga i ngā papanga, me ngā āhua hou o te mokowā ka whakaurua e ētahi otinga whakawhānuitanga. Ahakoa kāore, kua whakahauora anō te kōrero a Buterin’s i te tautohetohe mō ngā herenga ariā me te mahi tūturu o ngā hoahoa blockchain, ā, ka whakatakoto a Ethereum hei tohu matua i tēnei mara.
 

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Kei te whakaae a te rahi hokohoko a Walmart ki te Bitcoin hei tikanga utu

Ko te rahi hokohoko o te United States, a Walmart, kua pānui whaimana kua whakaae ia ki te Bitcoin hei tikanga utu puta noa i āna toa me tōna pūnaha matihiko. Ko tēnei whakatau he tohu nui ki te whakaae o ngā moni matihiko e ngā kaitākaro tuku iho, i te mea ko Walmart tētahi o ngā toa nui rawa o te ao, he mano ngā wāhi ā-tinana, he nui hoki te kiritaki. Ka tae mai te whakauru i tēnei wā e rapu ana ngā kamupene nui i ngā whakamahinga whaihua o ngā taonga matihiko i ngā whakawhitinga kaihoko o ia rā.
 
Ka taea e ngā kiritaki o Walmart te whakamahi i te Bitcoin hei utu i ngā hoko i te toa, i te ipurangi rānei mā tētahi atanga e hurihia aunoa te moni matihiko ki te moni ā-rohe i te wā o te whakawhitinga. Ka māmā ake tēnei tikanga mā te tango i te hiahia mō ngā kaihoko, ngā kaiwhakamahi ki te whakahaere i te uaua o te blockchain. Mō te nuinga o ngā kaihoko, he hiko nui tēnei ki te whakauru i te Bitcoin ki te ao o ia rā, neke atu i te whakapae pūtea.
 
Ka whakawhirinaki te whakatau a Walmart ki ngā hononga ki ngā kaiwhakarato ratonga utu crypto. Ka whakarite ēnei otinga i te hurihanga tere, haumaru, ā, ka whakaiti i te whakatūpato a te toa ki te panoni utu. I te tirohanga o te kaiwhakamahi, ka ōrite tonu te wheako ki ngā utu kaari, pūkete pūkoro, ko te rerekētanga kotahi ko te whakamahi i te Bitcoin i muri i te tirohanga.
 
Mō te pūnaha crypto, he tohu kaha tēnei pānui mō te whakaae whānui. Ka āhei pea ki ētahi atu rārangi hokohoko nui te whai i te ara a Walmart. Ka riro ngā kaihoko ki te whakamahinga o te Bitcoin mō ngā hoko o ia rā, ka whiwhi te taonga i te whaihua i te ao tūturu, me tōna tūranga hei rokiroki uara.

Ka taea te whakaurunga o ngā pūtea rawa matihiko ki ngā rārangi MSCI

Ko te kaiwhakarato tohu MSCI i tohu kua taea e ngā pūtea whakahaere pakihi e pupuri ana i ngā rawa matihiko te whakaarohia ā muri ake nei i roto i āna tohu tātaitanga e whakamahia ana e ngā kaihoko pūtea. Ko tēnei panonitanga pea he wāhanga tohu me te mahi hei ara ki te whakaae i ngā moni matihiko me ngā pūtea crypto hei taputapu pūtea whaimana, e taea ana te ine i roto i ngā pūkete tuku iho. E whakaatu ana i tētahi ahunga whānui e kore ngā tohu matihiko e tirohia ana hei rawa whakapae anake, engari hei wāhanga e taea ana te whakauru ki ngā pūtea whakahaere me ngā rautaki haumi.
 
Ko MSCI, ko ōna tohu e aroturuki ana e mano ngā pūtea me ngā hua haumi puta noa i te ao, kua arotake i ngā tikanga whakauru mō ngā rawa kāore i te āhua tuku iho mō ngā marama maha. Ko te whakaaro ki te whakauru i ngā pūtea e pupuri ana i ngā rawa pērā i te Bitcoin, te Ethereum rānei, i puta mai i te pikinga o te hiahia a ngā whakahaere ki ngā tohu e whakaatu ana i te kanorau o te tohatoha hou. Kāore tēnei e tohu ana i te whakaurunga tere, whānui, engari he huarahi ki ngā wāhanga tohu motuhake e kawea ana ngā rawa matihiko.
 
Mō ngā kamupene e pupuri ana i ngā tahua crypto nui, ka taea e tēnei āheinga te whakatenatena i te mārama nui ake me ngā tikanga kaute pai ake. I tēnei wā, ko te kore o ngā paerewa mārama mō te ine me te pūrongo i te mahi o ngā rawa matihiko i aukati i tā rātou whakaurunga ki ngā tohu pūtea tuku iho. Mā te tohu kāore ēnei rawa i whakakorehia i te whakaurunga pea, ka tuku a MSCI i tētahi karere kaha ki ngā kaiwhakahaere rawa me ngā pūtea whakahaere pakihi.
 
Mō te pūnaha crypto, ka kite i tēnei whanaketanga hei wāhanga nui ki te whakaae whānui ake i roto i te ao pūtea tuku iho. Ka whakaatu i te panonitanga o ngā whakaaro me te pikinga o te whakaae ki te mea ka taea e ngā taputapu i hangaia i runga i te blockchain te noho tahi me ngā hua pūtea kua tū. Mēnā ka whakatinanahia i ngā tau e tū mai nei, ka ārahi tēnei whakaurunga i te whakaae hōhonu ake a ngā whakahaere ki ngā moni matihiko.
 

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Ka wehe te rōpū katoa o Zcash ki te whakatū pakihi hou

Kei te pā te pūnaha Zcash i te pānga nui ā-roto: kua wehutu katoa ngā kaimahi o te Taiao Zcash me te rōpū whakahaere i te wā kotahi ki te hono atu ki tētahi pakihi hou motuhake e ārahi ana e ngā mema tūāpapa me ngā kaihanga matua o te kaupapa taketake. I whakamīharo te hapori ki te āhua whakakotahi o ēnei wehenga, i te mea kāore i puta mai i te huringa ā‑tōmuri, i ngā raruraru motuhake, engari he nekehanga nui ā‑rōpū.
 
Ka puta tēnei whakatau i te rerekētanga rautaki mō te ao o ngā hangarau e aro ana ki te tūmataiti. E whakapono ana ngā mema matua o te rōpū ka āhei te hanganga pakihi hou ki te tere ake i te whakawhanaketanga o ngā taputapu nui ake, otirā i ngā tikanga e aro ana ki te tūmataiti, te whakawhitinga kōrero, me ngā pūkete whakatere hou. I waenganui i ēnei kaupapa ko tētahi pūkete crypto hou i hoahoa kia tuku wheako hou, ngawari ki te kaiwhakamahi, i te wā e whakauru ana i ngā āhuatanga tūmataiti e tautokona ana e Zcash.
 
Kāore i te mea anake i pānui ngā kaihanga e wehe ana i te pakihi hou. I whakakite hoki rātou i ngā mahere ki te whakatū i tēnei pūkete hou hei pou matua o ā rātou mahi. E whāia ana te pūkete ki te māmā ake te urunga ki ngā whakawhitinga tūmataiti, ki te whakauru i ngā paerewa haumaru whakakaha, me te tuku atanga mārama ake i ngā otinga e wātea ana. E whakapono ana te rōpū ki te whakatau tere mā te ara e aro ana ki te kaiwhakamahi, e hāngai ana ki ngā pūnaha poraka maha, kāore i te here ki a Zcash anake.
 
Mō te hapori Zcash, ka pātai nui ēnei wehenga nui. I tētahi taha, ka noho kotahi tonu te rōpū hītori i raro i tētahi tirohanga mārama, ā, tērā pea ka whakamanamana i ngā mātakitaki mō te haere tonu o te auahatanga i ngā rawa matihiko e aro ana ki te tūmataiti. I tētahi taha anō, tērā pea ka ngoikore te hanganga whakahaere a Zcash’s i te wā poto, nā te mea kāore i te wāhi he rōpū whakahaere hei whakakotahi i te whakawhanaketanga, te whakawhiti kōrero, me te tautoko.
 
E whakaatu ana tēnei wāhanga i te hiranga rautaki o te pūtea tangata i ngā kaupapa blockchain me te āhua ka huri ngā whakatau a te rōpū i te ara o te pūnaha katoa.

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