/biz/ - Business & Finance

>Falling for the PoS meme in 2020

Just finished accumulating this, and it's still early enough for /biz/ to get in as well. You guys got me into the Chainlink pre-sale pools, so I'll do you a solid before the network activates smart contracts on January 16th.

Kadena’s Chainweb solution, as suggested by the name, is a previously unexplored scaling concept that enables parallel block processing across multiple PoW chains that are braided together into what is a web of chains. Chainweb’s value add to the scalability debate is not merely the increase in block processing but rather its ability to do so whilst retaining all aspects of Satoshi Nakamoto’s vision of security and trustlessness, altering only the architecture in so far as “braiding” multiple chains together.

PoW has presented the most viable case for achieving security and trustlessness in the current landscape but its technical implementations concede compromises to scalability. This bottleneck is best defined by the trilemma, the inability of any current solution to address all three elements; scalability, security and decentralisation. Chainweb’s parallelisation and ability to scale a PoW chain, whilst preserving the other two tenets of the trilemma, achieves a previously untapped set of scalable outcomes.