Scale and Decentralization Shouldn’t Be at Odds

Written by EmreTekisalp_Coda | Published 2020/03/05
Tech Story Tags: blockchain-scalability | blockchain | blockchain-mass-adoption | blockchain-technology | decentralization | ethereum | hackernoon-top-story | blockchain-top-story

TLDR Emre Tekisalp is the Head of Business Development at O(1) Labs, the team behind Coda Protocol. He explains how to judge a blockchain’s potential for meeting the needs of the modern digital economy. We’ve been wrongly thinking of blockchain systems as a zero sum game where you either get decentralization or you get scale, never attaining both at the same time. To sustain a rapidly growing userbase, blockchains should possess three key traits, while retaining, or even better increasing, decentralization. The Bitcoin blockchain, for example, can process at most 7 transactions per second.via the TL;DR App

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Written by EmreTekisalp_Coda | Emre Tekisalp is Head of Business Development at O(1) Labs, the team behind Coda Protocol.
Published by HackerNoon on 2020/03/05