Content
@
0 reply
0 recast
0 reaction
Pete Kim
@
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...
2 replies
4 recasts
28 reactions
Pete Kim
@
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.
1 reply
0 recast
8 reactions
Pete Kim
@
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 replies
0 recast
9 reactions
