Why is it hard for public blockchains to balance speed, security, and decentralization? Don’t worry—the class rep is here:
Different public blockchains use different consensus mechanisms and make different design trade-offs, so block times, confirmation speeds, and transaction fees vary widely.
When comparing public blockchains, don’t just look at the advertised transactions per second. Also consider how validators are distributed, how many outages there have been, and whether people are actually using the applications.
There won’t be a test on this lesson, but the market may spring a pop quiz.
$ETH 2425.5(+6.24%)
Different public blockchains use different consensus mechanisms and make different design trade-offs, so block times, confirmation speeds, and transaction fees vary widely.
When comparing public blockchains, don’t just look at the advertised transactions per second. Also consider how validators are distributed, how many outages there have been, and whether people are actually using the applications.
There won’t be a test on this lesson, but the market may spring a pop quiz.
$ETH 2425.5(+6.24%)