02.1 — Principles of Scalable Decentralization
The promise of Web3 cannot be fully realized without first overcoming fundamental limits to transaction security and transaction performance. Both are trivial computational problems -- until you factor in scale and complexity.
To support scalable and performant blockchains, underlying infrastructure must adhere to two core principles. First, transaction security is best addressed by limiting the malleability of logic — the more embedded the logic, the more secure the transactions executing that logic will be. Second, transaction performance is best addressed by shortening the chain-of-command for executions — the lower the logic is in the blockchain tech stack, the higher the transaction throughput.