My former self: Buy first, ask questions later. The me today: Read the manual first.
Today's topic: Public blockchains and the blockchain trilemma
A Layer 1 blockchain is one that handles its own consensus and settlement, such as Bitcoin, Ethereum, and Solana.
When you see a public blockchain advertised as “blazing fast and almost free,” ask what trade-offs it has made.
$ETH is the native coin of Ethereum, a Layer 1 public blockchain. It is used to pay gas fees and for staking. Current price: 2441.49.
In a volatile market, manage your risks first.
Today's topic: Public blockchains and the blockchain trilemma
A Layer 1 blockchain is one that handles its own consensus and settlement, such as Bitcoin, Ethereum, and Solana.
When you see a public blockchain advertised as “blazing fast and almost free,” ask what trade-offs it has made.
$ETH is the native coin of Ethereum, a Layer 1 public blockchain. It is used to pay gas fees and for staking. Current price: 2441.49.
In a volatile market, manage your risks first.