Alt Layer 1

Alt Layer 1

A blockchain is a database of unchangeable records of data that is shared across a network of computers. All these records are blocks of data that are secured and bound to each other with the help of cryptographic principles (i.e. chain). Once a “block” has been added to the “chain” it is very difficult to change, because all the computers have to change.

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Blockchain Trilemma
Web3
Erik

What is the Blockchain Trilemma?

The blockchain trilemma refers to the design choices that each blockchain has to make. It’s about finding a balance between scalability, security and decentralization.

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