Blockchain Trilemma or the three-leg stool of cryptocurrency

Episode 016

In today’s episode we cover the “blockchain trilemma” – Vitalik Buterin’s concept of three primary attributes of a blockchain:

decentralized
security
scalability

Any blockchain in development has to make compromises between these three aspects. They simply can’t have the best aspects of all three attributes. We discuss each of these and how they relate to some of the most popular blockchains with an eye towards enabling you to evaluate any blockchain’s chances of long-term success.

 

Credits

 

Podcasting 2.0 Apps available at http://newpodcastapps.com/

I can be reached by email at mcintosh@genwealthcrypto.com and on twitter at @McIntoshFinTech. My mastodon handle is @mcintosh@podcastindex.social. Looking forward to hearing from you!


Website

 

https://genwealthcrypto.com


Music Credits

 

Protofunk by Kevin MacLeod

Link: https://filmmusic.io/song/4247-protofunk

License: https://filmmusic.io/standard-license

 

Funky Life by WinnieTheMoog

Link: https://filmmusic.io/song/6040-funky-life

License: https://filmmusic.io/standard-license

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