1/ What is the #BlockchainTrilemma.

10 Nov 2023, 12:31
1/ What is the #BlockchainTrilemma? A well-known challenge in the #Web3 world is balancing three key factors that are crucial for any #blockchain: ๐Ÿ”’ Security ๐Ÿ“ˆ Scalability ๐Ÿค Decentralization And this is why ๐Ÿ‘‡๐Ÿงต

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Hydra
HydraHYDRA #1341
Telegram
10 Nov 2023, 12:46
7 days for the Mainnet Hard Fork -> Mandatory Client Update | Old Clients Obsolete โ†ช๏ธ Mainnet Hard Fork is scheduled for block 1,517,000 on 16th November 2023! โ†ช๏ธ Everyone who uses the staking client, or has it as a backup has to update their staking client to version hydra_v0.20.16 before the 16th of November 2023. Staking clients with version 0.20.15 or older will no longer be able to connect to the network after the fork is activated. This includes: 1. Stakers 2. Superstakers 3. Delegators (who manage their position through the client - delegation itself will not be interrupted) 4. RPC Nodes Thank you all! ๐Ÿฒ
7 days for the Mainnet Hard Fork -> Mandatory Client Update | Old Clients Obsolete.
7 days for the Mainnet Hard Fork -> Mandatory Client Update | Old Clients Obsolete โ†ช๏ธ Mainnet Hard Fork is scheduled for block 1,517,000 on 16th November 2023! โ†ช๏ธ Everyone who uses the staking client, or has it as a backup has to update their staking client to version hydra_v0.20.16 before the 16th of November 2023. Staking clients with version 0.20.15 or older will no longer be able to connect to the network after the fork is activated. This includes: 1. Stakers 2. Superstakers 3. Delegators (who manage their position through the client - delegation itself will not be interrupted) 4. RPC Nodes https://github.com/Hydra-Chain/node/releases/tag/hydra_v0.20.16 Thank you all! ๐Ÿฒ
Limoverse
LimoverseLIMO #4152
Twitter
10 Nov 2023, 12:31
6/ Finding the Balance โš–๏ธ Blockchain projects constantly strive to find the right balance based on their unique use cases. Some may prioritize #security over scalability, while others prioritize #decentralization Tag the #blockchains below that can solve this trilemma ๐Ÿ‘‡
6/ Finding the Balance. Blockchain projects constantly strive to find the right balance based on their unique use cases.
6/ Finding the Balance โš–๏ธ Blockchain projects constantly strive to find the right balance based on their unique use cases. Some may prioritize #security over scalability, while others prioritize #decentralization Tag the #blockchains below that can solve this trilemma ๐Ÿ‘‡
Limoverse
LimoverseLIMO #4152
Twitter
10 Nov 2023, 12:31
5/ The Trilemma ๐Ÿซฃ The challenge lies in finding the right balance among these three factors. Making a blockchain secure, highly scalable, and completely decentralized together is incredibly difficult since changes in one area often affect the others ๐Ÿค”
5/ The Trilemma. The challenge lies in finding the right balance among these three factors.
5/ The Trilemma ๐Ÿซฃ The challenge lies in finding the right balance among these three factors. Making a blockchain secure, highly scalable, and completely decentralized together is incredibly difficult since changes in one area often affect the others ๐Ÿค”