Qtum_Foundation

The Blockchain Scalability Trilemma concept, first coined the "scalability trilemma" by #Ethereum founder Vitalik Buterin, centers around three core factors: scalability, security, and decentralization. ⤵️

Imagine these factors as the points of a triangle, and any #blockchain network must make a trade-off between them. Prioritizing one aspect means compromising on others. For instance, #Bitcoin prioritized security and #decentralization, resulting in low #scalability.

#Scalability poses a significant challenge for widespread #blockchain adoption. Limited throughput, like Bitcoin's 7-10 TPS, can lead to #transaction queues and higher costs during high-demand periods.

#Developers need a fast and efficient base layer to support complex applications, like running a modern video game on cutting-edge hardware.

Many protocols sacrifice #decentralization for speed by introducing elected "supernodes." But what if you could boost speed without compromising decentralization? #Qtum has achieved just that.

#Qtum, with its unique ability to adjust blockchain parameters, achieves #scalability without a hard fork. It boasts a core throughput of around 1,100 TPS, almost 100 times more scalable than #Bitcoin.

#Qtum provides a solution: up to 1,100 TPS on the base layer, with room for expansion through #SegWit, all while remaining fully decentralized, retaining censorship resistance and community governance.

In #blockchaintechnology, the balance between scalability, security, and decentralization is the holy grail. #Qtum, with its innovative approach, leads the way in this revolutionary journey.

Read more on our new weekly article here,   medium.com/@Qtum/qtum-strikes-...