The blockchain trilemma is the set of three issues that plague blockchains: decentralization, security and scalability.
It is a widely held belief that decentralized networks can only provide two of three benefits at any given time concerning decentralization, security, and scalability.
However, ongoing innovation across the decentralized ecosystem has led to a diverse range of Layer-1 and Layer-2 solutions that are overcoming these obstacles to solve the trilemma once and for all in the following fashion:
Decentralization. Rather than being managed by a single entity, blockchains distribute control over the network equally to all participants.
- Scalability. Blockchains should support an enormous number of transactions and users without faltering by increasing fees and transaction times.
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