Blockchain Industry | Public Blockchains and the Impossible Trilemma
Key point: EVM-compatible public blockchains can run Ethereum-format contracts directly, such as BNB Smart Chain and Avalanche’s C-Chain.
How it works: When comparing public blockchains, don’t look only at their advertised transactions per second. Also consider how decentralized their validators are, how many times they’ve gone down, and whether people are actually using their applications.
Practical tip: When you see an ad for a public blockchain promising “second-level confirmation and near-zero fees,” first ask what trade-offs the chain has made.
$ETH 2256.39(-1.71%)
Just sharing some thoughts—don’t take this as advice.
Key point: EVM-compatible public blockchains can run Ethereum-format contracts directly, such as BNB Smart Chain and Avalanche’s C-Chain.
How it works: When comparing public blockchains, don’t look only at their advertised transactions per second. Also consider how decentralized their validators are, how many times they’ve gone down, and whether people are actually using their applications.
Practical tip: When you see an ad for a public blockchain promising “second-level confirmation and near-zero fees,” first ask what trade-offs the chain has made.
$ETH 2256.39(-1.71%)
Just sharing some thoughts—don’t take this as advice.