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.
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