Thinkium is proud to announce a breakthrough of “Impossible Trinity” in Blockchain area

Advertisement

Thinkium is proud to announce a breakthrough of “Impossible Trinity” in Blockchain area

Advertisement

June 16, the new star Thinkium announced that it would break the "impossible trinity" of blockchain through major technical updates.

The Impossible Trinity or Trilemma was first proposed by the American economist Paul Krugman. He believed that under the conditions of an open economy, an independent monetary policy, a fixed exchange rate, and free capital flow cannot be achieved at the same time. At best, there is a choice of two and sacrifice one.

“Impossible trinity” in blockchain refers to :

The "impossible trinity" of blockchain first appeared on a forum platform for discussions among technologists, which refers to the failure of blockchain to coordinate the three requirements of Decentralization, Security, and Scalability at the same time.

In terms of the Decentralization aspect, the Thinkium public chain uses consensus protocols to ensure that the same content runs on different computing nodes and allows any node to join without permission. Moreover, there is no such thing as a supernode on the Thinkium public chain.

In terms of the Security aspect, if a clear misbehaving node is detected on the Thinkium public chain, it will be aborted by exporting an empty block in this cycle. Nodes that misbehave will incur substantial economic penalties, making this attack unsustainable.

In terms of the Scalability aspect, Thinkium public chain's "multi-layer multi-chain structure" and "four-layer system structure" can well implement "unlimited extension of performance".

In the design of Thinkium, the main chain acts as a "traffic junction" responsible for recording, coordination, and scheduling. Business chains can operate independently according to different types of transactions or business entities, and communicate across chains through the evidence provided by the main chain. A business chain can also form a subordinate parent-child relationship chain, where the child chain inherits the attributes of the parent chain. 

In the Thinkium public chain, this new trusted digital world, the "impossible trinity" problem will be solved once and for all.

The partners involved in building the nodes, the miners, are key players in solving the impossible trinity. (The construction of more nodes can help Thinkium public chain get better performance.)

Thinkium public chain is committed to helping every ordinary people have the opportunity to participate in the construction of the underlying infrastructure of the public chain and share the growth of the public chain together.

Sarah Smith

Media Contact: thinkium2021@gmail.com

Website: http://thinkium.io

Updated 09:40 PM UTC+8, 18 Jun 2021
Advertisement
Published all Press Release content on kenkarlo.com. Encouraging you, our readers to study caution prior to, considering any involvement with said company, organizations that involves investment mentioned in the published articles. KenKarlo.com is not a subsidiary of any marketing agency, nor owned by any company. Submit your press release on KenKarlo.com.
Advertisement
Advertisement
Namecheap.com Ad
Buy Now

Featured Stories

Advertisement

Recent Stories

How to Protect Confidential Documents

What Kind Of Career Can A Degree In Economics Set You Up ...

Choosing the Right Software Solutions in 2022

Fintech in trade finance: Important technologies to keep ...

Key Things that Every Start-Up Business Needs in Order to...

Startups

ARNO Token

Coin98 (C98)

Tycoon (TYC)

PointPay (PXP)

Winsshi (WNS)

Coins.ph

Recent Stories

How to Protect Confidential Documents

What Kind Of Career Can A Degree In Economics Set You Up ...

Choosing the Right Software Solutions in 2022

Fintech in trade finance: Important technologies to keep ...

Key Things that Every Start-Up Business Needs in Order to...

Startups

ARNO Token

Coin98 (C98)

Tycoon (TYC)

PointPay (PXP)

Winsshi (WNS)

Coins.ph

Technologies

Fintech in trade finance: Important technologies to keep ...

6 Reasons To Add A Web Design Agency To Your Marketing Te...

3 Benefits of Driver Assist Technology for Businesses

How to Keep Learning in a Rapidly Changing Technological ...

How Technology is Revolutionizing Architecture

Advertisement

Cryptocurrency

Coinmicro: Committed to a Safe and Stable Digital Asset D...

How to use AI with Crypterium’s Cryptocurrency Investme...

DeHero: Gradually Upgrading to Card Metaverse

Alternative Investment Options That Are Worth Considering...

Bitop Research: Current Trends Not-to-be-Missed in the Bl...

Shopee.ph Ad
Shop Now

Gaming

How do you Play Baccarat for Real Money?

USDT Is A Game Changer For Online Poker

Supporting the Growing Blockchain Gaming Industry, BitMax...

How to Buy Cheaper Steam Wallet Code using Paymaya (2021 ...

6 Ways VR Can be Dangerous to Users

Advertisement

Categories

Digital Marketing

Technology

How to

Social Media

Blockchain

Press Release

Tech News

Business

Startup

Reviews

Gadgets

Security

Finance

SEO

x
By using this website, you agree to our Terms and Conditions and Privacy Policy.