Massalabs has made a groundbreaking announcement in the field of blockchain technology. It claims to have solved the blockchain trilemma, which has long been a source of consternation for both developers and researchers.
Trillema problem solved
The blockchain trilemma refers to the difficulty in balancing the three crucial aspects of decentralization, scalability and safety in blockchain technology. Until now, it was generally accepted that only a few of the three things could be achieved at the same time.
Nevertheless, Massalabs claims that they have created a brand new blockchain technology that achieves this.
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According to the tweetHas the new blockchain technology Multithreaded block graphs, self-controlling smart contracts and a Nakamoto coefficient score of more than 1000.
As a result, the blockchain can process many transactions at the same time and at the same time maintain the highest standards in the field of security and decentralization.
The Multithread block graphs are intended to tackle the problem of scalability by making it possible for many transactions to be processed simultaneously, which increases the transit of the blockchain.
Thanks to the autonomous smart contract function, based on blockchain -based advanced financial transactions can be carried out automatically without external mediators. As a result, the safety and reliability of the blockchain are improved.
The Nakamoto-coefficient Score Measures the decentralization of a blockchain network. This shows how challenging it would be for one entity to maintain control of the internet. The degree of decentralization for the new blockchain technology from Massalabs is apparent from a score of 1000 or higher.
Although the announcement has aroused a lot of expectations in the blockchain ecosystem, it must still be determined how the new technology will function in everyday situations.
