The Blockchain Trilemma: #Decentralized, #Scalable, and #Secure?

Blockchain projects are known for their vision and ambition — but what they prioritize and what they’re known for can vary. Normally, projects rotate around three core concepts: decentralization, scalability, and security.

Blockchains are often forced to make trade-offs that prevent them from achieving all 3 aspects:

1. Decentralized: creating a blockchain system that does not rely on a central point of control.

2. Scalable: the ability of a blockchain system to handle an increasingly growing amount of transactions

3. Secure: the ability of the blockchain system to operate as expected, and defend itself from attacks, bugs, and other unforeseen issues