The Blockchain Trilemma | Part 1 | Blockchain vs. Traditional Banking

In this video, we explore the blockchain trilemma and the challenge of achieving optimal levels of decentralization, security, and scalability in blockchain technology. We delve into the concept of decentralization, how it relates to Web3, and the importance of security in a decentralized system. Additionally, we discuss the scalability challenge and the innovative solutions being developed to tackle this complex problem. Join us to gain a better understanding of the blockchain trilemma and the future of blockchain technology.

Keywords: blockchain trilemma, decentralization, security, scalability, Web3, Proof of Work, consensus mechanism, sharding, sidechains, state channels, blockchain technology, Bitcoin, Ethereum, cryptocurrency, 51% attack, decentralized systems, centralized systems, digital database, transactions per second.

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➡ This video is only for information and education purpose. This is not a financial advice. We request you to Do Your Own Due Diligence before investing in any crypto currency, ICO, IEO, STOCK & Any others. We do not take any responsibility for your profit, or loss & we will not be liable in any case. Invest only the amount which you can afford to Losse as crypto market is very volatile and risky.
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🎵Track Info🎵

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Music track: Information Flow by Aylex
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Free Background Music for Video
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