Exciting News! CoinSmart is officially a publicly-traded company on the NEO Exchange trading under ticker SMRT. 

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The Trilemmas of Crypto

What is a trilemma?

 

As per Oxford, a trilemma is when a difficult choice has to be made between three alternatives, especially when these are equally undesirable. If you have been around crypto for a while, you would be pretty familiar with the word “trilemma.” It seems like every single concept in crypto has a “trilemma” behind it, namely the “scalability” and “stablecoin” trilemmas.

 

  • The scalability trilemma states that a protocol can have only two properties: scalability, decentralization, and security.
  • Stablecoin trilemma states that a protocol can have only two properties: stability, capital efficiency, and decentralization.

 

How do protocols balance the three extremes in both the trilemmas? Let’s find out: