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Author Topic: The blockchain trilemma has been solved!  (Read 19 times)
VerusCommunity (OP)
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February 12, 2024, 02:38:30 PM
 #1

Scalability, Decentralization & Security — What Trilemma?

The blockchain trilemma is a classic idea that truly decentralized blockchains need to choose between security or scalability. Verus offers a different perspective and a new approach. Together we will come to the conclusion that the Verus Protocol solves scalability by neither sacrificing decentralization or security, effectively solving the trilemma.

A Closer Look at the Trilemma
Before we dive in, let’s examine the current perceived definition of the crypto trilemma: “You can’t have a scalable blockchain that is truly decentralized and thus secure” — it is said to achieve worldwide scalability a blockchain needs to be fast so it can process all the transactions for a large population (btw, this is a false premise, you can read about that later.) And to get a fast, high tps (transactions per second) blockchain it must compromise on decentralization and thus security.

READ MORE:
https://medium.com/veruscoin/scalability-decentralization-security-what-trilemma-8d2d6869924d
MiauKitchen
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February 12, 2024, 03:06:56 PM
 #2

There is no solution that actually solves this trilemma in a truly perfect context.
For example, ethereum increased its scalability by introducing second-layer solutions such as rollups. but it may have sacrificed
some decentralization in the process.
We'll see how it goes This trilemma And what it looks like.

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