The Blockchain Trilemma


Today we are discussing the Blockchain Trilemma, a term used by the co-founder of Ethereum, Vitalik Buterin.

➡️ The term describes the balance between the 3 core concepts of the blockchain; Decentralization, Security and Scalability.
➡️ The blockchain offers a decentralized, and permissionless ownership of assets that anybody can use, in contrast to traditional financial systems that are completely centralized and hold control over our money.
➡️ However as the demand is rapidly increasing, how much more can the blockchain grow without compromising the security of its users and their data?

How does the balance of the above 3 concepts matter when making investment decisions?


✍️ Sign up to FemPeak
Be the first to comment