What is Transaction quality trilemma?

Shreyanshvyas
Apr 7, 2022

We already knew about the blockchain trilemma i.e. a blockchain needs to have a tradeoff between security, scalability, and decentralization (can’t have all three).

Ex- Bitcoin and Ethereum choose decentralization and security and are working on improving scalability ( layer 2 for Ethereum).

There is another Trilemma that is not much in discussion — Transaction quality trilemma.

Transaction quality trilemma

It is about Spam mitigation, censorship resistance, and low fees. A blockchain again can have either of two features. Ex- Solana chooses low fees and censorship resistance — which causes a lot of spam bloat — thereafter, crashed the entire network ( DDOS attack).

If the transaction fee is high then the quality of the transaction will also be high — no one will spam the network with spam messages. So, achieved censorship resistance and spam mitigation with high fees.

Source: Polynya

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