Blockchain Trilemma or the three-leg stool of cryptocurrency
Blockchain Trilemma or the three-leg stool of cryptocurrency
Episode 016
In today’s episode we cover the “blockchain trilemma” – Vitalik Buterin’s concept of three primary attributes of a blockchain:
decentralized
security
scalability
Any blockchain in development has to make compromises between these three aspects. They simply can’t have the best aspects of all three attributes. We discuss each of these and how they relate to some of the most popular blockchains with an eye towards enabling you to evaluate any blockchain’s chances of long-term success.
Credits
Podcasting 2.0 Apps available at http://newpodcastapps.com/
I can be reached by email at mcintosh@genwealthcrypto.com and on twitter at @McIntoshFinTech. My mastodon handle is @mcintosh@podcastindex.social. Looking forward to hearing from you!
Website
Music Credits
Protofunk by Kevin MacLeod
Link: https://filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license
Funky Life by WinnieTheMoog
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