Bitcoin trilemma

bitcoin trilemma

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There is no one golden the best-known blockchains.

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It's the belief held across the cryptocurrency community that truly decentralized networks need to choose between security and scalability. Crypto is famous for a significant challenge known as the blockchain trilemma and its pillars of security, scalability and decentralization. The blockchain trilemma is the set of three issues that plague blockchains: decentralization, security and scalability.
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Instead of offering a one-blockchain solution, Polkadot likes the idea of blockchains collaborating with other blockchains irnteroperability. The reason for doing so is to avoid putting an excessive burden on a single central entity. Scalability in blockchain is the same as in business � it refers to how much a network can grow in the future while maintaining the same sort of transaction speed and output.