The blockchain trilemma is defined as the idea that it is difficult for a blockchain to be decentralized, scalable, and secure simultaneously. Blockchains can only process a certain number of transactions at a time, meaning if blockchain technology were to be adopted globally, it would result in slow transaction times, and high transaction fees. Increasing […]
Articles Tagged: security
An Intro to Proof of Ethic™ (PoE™)
Blockchain networks rely on consensus algorithms to secure and validate their networks. Bitcoin and Ethereum, among other protocols, often experience network congestion, spikes in fees, and halts due to inadequacies with their forms of consensus. Proof of Ethic™ was developed to solve these problems and provide a virtually unlimited scalability solution. Proof of Ethic™ is […]