Scaling Ethereum Navigating the Blockchain Trilemma
A Deep Dive into Sidechains and Layer 2 Solutions for Improved Performance There are three desirable properties that blockchains try to achieve: security, decentralization, and scalability. A well-known trilemma in the blockchain realm stipulates that only two of these properties can be achieved simultaneously within the same system, with a compromise on the third. In Ethereum, security and decentralization are prioritized over scalability. As the number of people using Ethereum grows, a bott...
Scaling Ethereum Navigating the Blockchain Trilemma
A Deep Dive into Sidechains and Layer 2 Solutions for Improved Performance There are three desirable properties that blockchains try to achieve: security, decentralization, and scalability. A well-known trilemma in the blockchain realm stipulates that only two of these properties can be achieved simultaneously within the same system, with a compromise on the third. In Ethereum, security and decentralization are prioritized over scalability. As the number of people using Ethereum grows, a bott...
