๐ฅ Hard-hitting blockchain knowledge: Public blockchains and the trilemma
The more decentralized the validator nodes are, the more messages need to be exchanged to reach consensus, making it harder to improve performance. This is what causes the three factors to constrain one another.
When you see ads for a public blockchain thatโs โlightning-fast and nearly free,โ ask what trade-offs it has made.
$ETH is the native coin of Ethereum, a Layer 1 public blockchain, and is used to pay gas fees and stake.
If anything wasnโt clear, ask in the comments.
#็ฝไฟกๅๅๅบๅบๅ้พๅคๆกไบ็ฑปๆ ๅฝข
The more decentralized the validator nodes are, the more messages need to be exchanged to reach consensus, making it harder to improve performance. This is what causes the three factors to constrain one another.
When you see ads for a public blockchain thatโs โlightning-fast and nearly free,โ ask what trade-offs it has made.
$ETH is the native coin of Ethereum, a Layer 1 public blockchain, and is used to pay gas fees and stake.
If anything wasnโt clear, ask in the comments.
#็ฝไฟกๅๅๅบๅบๅ้พๅคๆกไบ็ฑปๆ ๅฝข