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Blockchain Trilemma Explained: The Achilles Heel of Crypto Projects (Vitalik Buterin)
What is the Blockchain Trilemma? Today we go in depth answering this question, giving examples with some of the top projects by market cap in the crypto space Bitcoin, Ethereum and XRPโ€ฆ This is the key elements of what we cover:<br />-When Building a blockchain you have three main objectives: Decentralization, Speed & Privacy<br />-Most blockchains only successfully complete โ…” of these objectives<br />Ex: Bitcoin chooses Decentralization and Security while XRP chose speed & security<br />Decentralization criteria: Running nodes, no centralized location, Token governance & Transparency<br />Speed criteria: Fast payments, Throughput, Cross chain oracles integration & Low Fees<br />Privacy criteria: Blockchain tech eg. Multi sig & hash technology<br /><br />What project do you think solves this Blockchain Trilemma? What did I miss?<br /><br />Article For Further Reading: <a href="https://medium.com/certik/the-blockchain-trilemma-decentralized-scalable-and-secure-e9d8c41a87b3" target="_blank" rel="nofollow">https://medium.com/certik/the-blockchain-trilemma-decentralized-scalable-and-secure-e9d8c41a87b3</a><br /><br />Thanks for watching, if you have any questions donโ€™t hesitate to reach out.<br />---------------------------------------------------------------------------------------------------------------------------------------------------<br />-How to Do Your Own Research: <a href="https://youtu.be/VMqAHQ9BrZ8" target="_blank" rel="nofollow">https://youtu.be/VMqAHQ9BrZ8</a><br />-Altcoin Profit Taking Strategy: <a href="https://youtu.be/kS6lU2kU5U0" target="_blank" rel="nofollow">https://youtu.be/kS6lU2kU5U0</a><br />-How to Make $200/day Leverage Trading: <a href="https://youtu.be/uqTF2IPne-k" target="_blank" rel="nofollow">https://youtu.be/uqTF2IPne-k</a><br />---------------------------------------------------------------------------------------------------------------------------------------------------<br />๐ŸŽŠ Free $200 with PrimeXBT #1 Trading Platform: <a href="https://primexbt.com/?signup=292024" target="_blank" rel="nofollow">https://primexbt.com/?signup=292024</a><br /><br />Margin Trading DEX (No KYC): <a href="https://www.aax.com/invite/sign-up?inviteCode=7JV1ZuyOv07z" target="_blank" rel="nofollow">https://www.aax.com/invite/sign-up?inviteCode=7JV1ZuyOv07z</a><br /><br />๐Ÿ›ฐ Phemex $80 Bonus (Use Code: IR4UQ) <a href="https://apps.apple.com/us/app/phemex-buy-sell-bitcoin/id1499601684" target="_blank" rel="nofollow">https://apps.apple.com/us/app/phemex-buy-sell-bitcoin/id1499601684</a><br /><br />Bybit: <a href="https://www.bybit.com/en-US/invite?ref=lNjJr" target="_blank" rel="nofollow">https://www.bybit.com/en-US/invite?ref=lNjJr</a><br /><br />๐Ÿ’ฐ FREE Bitcoin: coinbase.com/join/powell_u4t?src=ios-link<br /><br />๐Ÿ“ˆ FREE STOCK (up to $500). In order to keep this claim to your stock, sign up and join Robinhood using my link. <a href="https://join.robinhood.com/rileyp327" target="_blank" rel="nofollow">https://join.robinhood.com/rileyp327</a><br /><br />Celsius Network App: <a href="https://celsiusnetwork.app.link/1969319d93" target="_blank" rel="nofollow">https://celsiusnetwork.app.link/1969319d93</a><br /><br />๐ŸŸข $10 FREE Stellar Lumens (XLM): <a href="https://coinbase.com/earn/xlm/invite/s3mxf9bk" target="_blank" rel="nofollow">https://coinbase.com/earn/xlm/invite/s3mxf9bk</a><br /><br />๐Ÿ”ด $10 FREE Compound (COMP): <a href="https://coinbase.com/earn/comp/invite/3rp1678g" target="_blank" rel="nofollow">https://coinbase.com/earn/comp/invite/3rp1678g</a><br /> <br />๐Ÿ”ต Earn Interest on Your BTC with Blockfi: <a href="https://blockfi.com/?ref=1b1859f6" target="_blank" rel="nofollow">https://blockfi.com/?ref=1b1859f6</a><br /><br />๐Ÿ“– MUST READ BOOKS: <a href="https://a.co/5xscppJ" target="_blank" rel="nofollow">https://a.co/5xscppJ</a><br /><br />Twitter: <a href="https://twitter.com/investglobal5" target="_blank" rel="nofollow">https://twitter.com/investglobal5</a><br /><br />Free Weekly Macro Investing Articles: *Coming Soon*<br />==========================================================================<br />Invest Globalโ€™s public content is always intended for informational purposes only. You should always consult your financial advisor before making decisions based on public information. <br /><br />If you would like to work with our tea<br />...<br /><a href="https://www.youtube.com/watch?v=_RF4-QN4sME" target="_blank" rel="nofollow">https://www.youtube.com/watch?v=_RF4-QN4sME</a>
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