Technical Analysis: Is the Blockchain Ready for Content-Oriented Platforms?

Too Long; Didn't Read

As some of you probably already know, we recently celebrated the tenth anniversary of Bitcoin. During the time that has passed since Nakamoto’s <a href="https://bitcoin.org/bitcoin.pdf" target="_blank">historic white paper</a> publication, the number of blockchain-based projects has grown to the thousands. All of them, much like their ancestor, face the challenge of creating a secure, fast, and scalable decentralized system. This is, without a doubt, a challenging task and for blockchain-architecture systems today, it is far from being solved. The problem is that all such networks inevitably face the <a href="https://www.coinbureau.com/analysis/solving-blockchain-trilemma/" target="_blank">“blockchain trilemma”</a>, a phrased was first formulated by <a href="https://twitter.com/VitalikButerin" target="_blank">Vitalik Buterin</a>. That’s why engineers today are developing alternative solutions in order to reach consensus faster on the network.