Why are transaction fees on some public blockchains almost negligible and block production so fast, while others are expensive and slow?
The more decentralized the validator nodes are, the more messages they need to exchange to reach consensus, making it harder to improve performance. This is the source of the trade-offs among the three.
The “blockchain trilemma” refers to the difficulty of achieving the best possible decentralization, security, and scalability all at once.
My notes are full of lessons learned, and my portfolio is full of hard-earned mistakes.
Understand the rules before taking action, and don’t make decisions based on gut feeling.
$ETH 2419.2 (-0.017%)
The more decentralized the validator nodes are, the more messages they need to exchange to reach consensus, making it harder to improve performance. This is the source of the trade-offs among the three.
The “blockchain trilemma” refers to the difficulty of achieving the best possible decentralization, security, and scalability all at once.
My notes are full of lessons learned, and my portfolio is full of hard-earned mistakes.
Understand the rules before taking action, and don’t make decisions based on gut feeling.
$ETH 2419.2 (-0.017%)