โโ๏ธ๐ก The Triple Blockchain Dilemma
โHave you ever wondered why blockchain cannot be fast, secure, and decentralized at the same time? ๐ค๐ฅ This is the "Triple Blockchain Dilemma"! โ ๏ธ It is the biggest challenge facing developers today. ๐คฏ
โImagine a triangle ๐บ with three sides:
โDecentralization: ๐ Distributing the network to ensure transparency and resistance to censorship. โจ
โSecurity: ๐ Protecting the network from any attacks or breaches. ๐ก๏ธ
โScalability: โก๏ธ The ability of the network to process millions of transactions in seconds. ๐
โThe dilemma states that no blockchain network can achieve perfection in all three at once. ๐ One must be sacrificed to get the best in the other two. Thatโs why we find some currencies fast ๐โโ๏ธ but less decentralized, while others are secure ๐ and decentralized but slow ๐ข.
โ#Blockchain
