Ethereum

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...

Ex-/coinbase. Creator of Coinbase Wallet & Cipher Browser. Eng Lead $USDC. Advising /polygon Labs, @family, and @tribes. petejkim.twitter

3/ If you prioritize scalability at the expense of decentralization and security, you’re essentially recreating the legacy tech we aim to replace.

Our objective should be to craft solutions that effectively address the trilemma.

This post isn’t meant as a critique of any specific chain.

2/ ...to perceive fast and cost-effective blockchains as superior.

Recall, the blockchain technology arose due to the deficiencies of traditional systems (TradFi and web2)—they lacked decentralization and security—despite being far more scalable than any of the current blockchains.

The blockchain trilemma is a relatively outdated way to think about the current state of blockchains imo, a lot has changed since it was formulated.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:

ceo @ helius.dev, host @ lightspeed, ex coinbase — wartime shitposter

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.

The blockchain trilemma is a relatively outdated way to think about the current state of blockchains imo, a lot has changed since it was formulated.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