Public blockchains and the impossible trilemma, explained in three sentences:
The “blockchain trilemma” refers to the difficulty of achieving the best possible decentralization, security, and scalability all at once.
When comparing public blockchains, don’t just look at their advertised transactions per second; also consider how validators are distributed, how many outages they’ve had, and whether people are actually using the applications.
When depositing or withdrawing between different public blockchains, make sure you’ve selected the right network; the same token often has a separate contract on each chain.
$ETH 2261 (-1.3%)
The “blockchain trilemma” refers to the difficulty of achieving the best possible decentralization, security, and scalability all at once.
When comparing public blockchains, don’t just look at their advertised transactions per second; also consider how validators are distributed, how many outages they’ve had, and whether people are actually using the applications.
When depositing or withdrawing between different public blockchains, make sure you’ve selected the right network; the same token often has a separate contract on each chain.
$ETH 2261 (-1.3%)