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Pete Kim
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1/ The blockchain trilemma encompasses Decentralization, Security, and Scalability. Of these, scalability—manifested through speed and low cost—is the aspect people encounter in their daily lives (at least until challenges inevitably arise). Hence, it’s easy for individuals...
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mert
@0xmert
The blockchain trilemma is a relatively outdated way to think about the current state of blockchains imo, a lot has changed since it was formulated. Here's Dankrad along the same lines: https://www.youtube.com/watch?v=Nx5bgyJ7SJ4&t=9987s
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eric siu 🐈
@randomishwalk
v outdated along with oldies like the “fat protocol thesis” which was always kinda funny haha
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Nelson
@nelsonmckey
It’s definitely outdated as a concept of hard tradeoffs being the only possibilities. But as a collection of three major frontiers along which blockchains can be optimised, it’s still a useful framework imo.
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syentist
@syentist
In the above link, Dankrad discusses how execution and DA can be scaled *without* sacrificing decentralisation by Rollups and DAS, respectively. Which is the Ethereum roll-up centric approach to scaling "Scaling by ultra-capacity hardware which kills decentralisation" is not what he said.
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autocrat 🎩
@autocrat.eth
lmao what? the blockchain trilemma isn’t something that can be changed or re-discussed, it’s based on fundamental laws of physics like, it’s harder to compute n+1 txs over n txs. Fundamentals that aren’t going to change just cause you want to pump ur bags.
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Pete Kim
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Notice that I didn't say that it's impossible to construct a blockchain that can handle all three prongs of the trilemma. I said "Our objective should be to craft solutions that effectively address the trilemma." for if we prioritize scalability at the expense of the other 2, we are back to reinventing legacy systems.
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Bassen
@bassen
You know how dishonest this statement is, yet you plaster it everywhere
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