The Timechain/"Blockchain" trilemma:
01 - Decentralization
02 - Security
03 - Speed
Solutions being explored:
On-Chain improvements
01 - SegWit (2017): separates signatures to fit more in each block
02 - Block size increase: debated, but risks centralization
Off-Chain innovations
01 - Lightning Network: instant, low-fee payments off-chain
02 - Payment Channels: peer-to-peer transaction paths
03 - Sidechains: parallel chains linked to Bitcoin for more flexibility
But there are trade-offs:
01 - Lightning needs liquidity + user adoption
02 - Bigger blocks risk fewer full nodes = more centralization
03 - Off-chain methods may reduce trustlessness
Scalability is not just about speed.
It’s about preserving Bitcoin’s mission while enabling global use.
Innovation is key - but not at the cost of freedom.
From your favorite Bitcoiner from Madeira - viva a liberdade! 🧡