✅ Litecoin Summit Recap #3: Can PoW Have It All?
Users want Proof of Work's security and fairness plus Proof of Stake's scalability and utility. Can we have both?
The blockchain trilemma claims you can't have decentralization, security, and scalability simultaneously. PoW chains like Bitcoin and Litecoin are secure and decentralized but struggle to scale for mass adoption. Why? Every node processes every transaction, and splitting the work sacrifices decentralization and security.
At Psy, we're rethinking PoW's possibilities, proving the trade-off isn't inevitable. Stay tuned to learn how Psy breaks the blockchain trilemma.