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:
๐ Security
๐ Scalability
๐ค Decentralization
And this is why ๐๐งต
Same news in other sources
310 Nov 2023, 12:46
7 days for the Mainnet Hard Fork -> Mandatory Client Update | Old Clients Obsolete
โช๏ธ Mainnet Hard Fork is scheduled for block 1,517,000 on 16th November 2023!
โช๏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!
๐ฒ
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
โช๏ธ Mainnet Hard Fork is scheduled for block 1,517,000 on 16th November 2023!
โช๏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!
๐ฒ
10 Nov 2023, 12:31
6/ Finding the Balance โ๏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 ๐
6/ Finding the Balance. Blockchain projects constantly strive to find the right balance based on their unique use cases.
6/ Finding the Balance โ๏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 ๐
10 Nov 2023, 12:31
5/ The Trilemma ๐ซฃ
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 ๐ค
5/ The Trilemma. The challenge lies in finding the right balance among these three factors.
5/ The Trilemma ๐ซฃ
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 ๐ค