Why is it so hard for public blockchains to be fast, cheap, and secure all at once? Don’t worry—the class study rep is here to explain:
Different public blockchains use different consensus mechanisms and make different design trade-offs, so their block times, confirmation speeds, and transaction fees vary.
When comparing public blockchains, don’t just look at the advertised transactions per second. You should also consider how validators are distributed, whether the chain has ever gone down, and whether people are actually using its applications.
I didn’t understand this before, and I wasted enough money to buy milk tea for months.
$ETH 2106.45（-5.74%）
Different public blockchains use different consensus mechanisms and make different design trade-offs, so their block times, confirmation speeds, and transaction fees vary.
When comparing public blockchains, don’t just look at the advertised transactions per second. You should also consider how validators are distributed, whether the chain has ever gone down, and whether people are actually using its applications.
I didn’t understand this before, and I wasted enough money to buy milk tea for months.
$ETH 2106.45（-5.74%）
