Solving the Blockchain ‘Trilemma’?
The trilemma, often visualized as a triangle, consists of three issues related to the sustainability of public blockchains: scalability, decentralization, and security. The trilemma assumes that while it strengthens one of the triangle's vertices, at least one of the others must weaken. '
In 2018, during the heyday of this trilemma, most people cited the Bitcoin / Ethereum Proof of Work (Network Security Design) consensus algorithm as excellent examples of how decentralization reduces transaction performance.
Bitcoin developers are looking for Layer 2 solutions like Lightning to create a convenient payment system based on a secure foundation, while Ethereum developers are looking at Layer 2 and network overhaul.
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Scalability, decentralization and security are what actually makes any blockchain network/project secure users are expecting more new and advance approach on these line as ethereum blockchain is a bit congested for transaction we hope in near future more scalable system will be integrated to handle fast transaction speed in the network.
scalability, decentralization, and security are the major factors in the upcoming blockchain technology and its sustainability. the future generation is looking forward to getting much more acceptable and secured blockchain. thank you very much for sharing this triangular beneficiary blockchain information
Dear @puncakbukit
I invited you few times to our community discord, but you never joined. Just in case, let me share link one more time:
https://discord.gg/uWMJTaW
I would share with you some information about our Project.hope community. Our vision, goals and project economy. You could then decide if this is something worth your participation.
Yours, Piotr