Lightning Network

The Bitcoin Scalability Trilemma underscores the difficulty of achieving a balance among security, decentralization, and efficiency within blockchain systems. When efforts are made to boost efficiency, it can often come at the expense of either security or decentralization. Conversely, strengthening security may result in slower transaction speeds. Additionally, prioritizing decentralization can impede scalability, causing network congestion and increased transaction fees. Innovations such as the Lightning Network seek to improve scalability while preserving the integrity of the other two essential characteristics.