The Trilemma Theory and Its Extension
We often hear about the trilemma theory, which posits that “decentralization, economy, and efficiency” cannot be coordinated. This seems plausible, and on a 2D planar triangle, it can indeed be clearly illustrated. However, if we consider a broader perspective, the area of this triangle matters (where area represents “impracticality”): an infinitely large area implies the system is unworkable, while an infinitely small area renders the trilemma negligible. For example, the triangular area of the trilemma in Bitcoin’s Proof-of-Work (PoW) system is far larger than that in Ethereum’s Proof-of-Stake (PoS) system, meaning the latter is significantly more practical. Thus, by adopting PoS for the Openverse mainnet and providing security for heterogeneous networks, the impact of the trilemma is minimized—perhaps even eliminated.
We often hear about the trilemma theory, which posits that “decentralization, economy, and efficiency” cannot be coordinated. This seems plausible, and on a 2D planar triangle, it can indeed be clearly illustrated. However, if we consider a broader perspective, the area of this triangle matters (where area represents “impracticality”): an infinitely large area implies the system is unworkable, while an infinitely small area renders the trilemma negligible. For example, the triangular area of the trilemma in Bitcoin’s Proof-of-Work (PoW) system is far larger than that in Ethereum’s Proof-of-Stake (PoS) system, meaning the latter is significantly more practical. Thus, by adopting PoS for the Openverse mainnet and providing security for heterogeneous networks, the impact of the trilemma is minimized—perhaps even eliminated.
Economic Effects and Environmental Protection
To date, all social collaboration has trended toward globalization, from small-scale systems like banks’ SWIFT and transportation networks to large-scale ones like the internet, international organizations, and abstract standards/protocols. Each step forward essentially reduces transaction friction costs, and blockchain technology was inherently designed for this purpose. It standardizes and digitizes value while unifying transaction protocols, making it the best collaborative tool available. Therefore, Openverse uses blockchain as its underlying technology and employs partially decentralized consensus (PoS). Compared to Bitcoin’s PoW network, Openverse’s overall operational cost may be just one millionth of Bitcoin’s.
To date, all social collaboration has trended toward globalization, from small-scale systems like banks’ SWIFT and transportation networks to large-scale ones like the internet, international organizations, and abstract standards/protocols. Each step forward essentially reduces transaction friction costs, and blockchain technology was inherently designed for this purpose. It standardizes and digitizes value while unifying transaction protocols, making it the best collaborative tool available. Therefore, Openverse uses blockchain as its underlying technology and employs partially decentralized consensus (PoS). Compared to Bitcoin’s PoW network, Openverse’s overall operational cost may be just one millionth of Bitcoin’s.
Balancing Centralization and Decentralization
After thousands of years of development, humanity has established centralized governance and management institutions at various levels, but these have also given rise to issues like abuse of power and single-point risks. With the internet, “information transparency” emerged for the first time in history; with blockchain, we achieved “value transparency” and “decision transparency.” If the mission of a society, ecosystem, or organization is to drive rapid development and participate in broader external collaboration, there must be a balance between centralization and decentralization. Centralization represents economy and efficiency, while decentralization promotes “fairness, justice, and openness.”
After thousands of years of development, humanity has established centralized governance and management institutions at various levels, but these have also given rise to issues like abuse of power and single-point risks. With the internet, “information transparency” emerged for the first time in history; with blockchain, we achieved “value transparency” and “decision transparency.” If the mission of a society, ecosystem, or organization is to drive rapid development and participate in broader external collaboration, there must be a balance between centralization and decentralization. Centralization represents economy and efficiency, while decentralization promotes “fairness, justice, and openness.”
Balancing Technological Innovation and Risk
Scientific inventions and innovations consistently drive social progress, enhancing human capabilities, facilitating collaboration, and providing more material and spiritual resources. However, scientific breakthroughs often precede societal readiness, potentially leading to unconventional conclusions. For example, Openverse’s use of blockchain/Web3 technology and PCIM (Protocol for Cross-chain Interoperable Money) to issue Bitcurrency transcends national sovereignty and current legal frameworks. This is not necessarily negative—human progress has never been strictly rule-bound. We should seek risk balance in innovation.
Scientific inventions and innovations consistently drive social progress, enhancing human capabilities, facilitating collaboration, and providing more material and spiritual resources. However, scientific breakthroughs often precede societal readiness, potentially leading to unconventional conclusions. For example, Openverse’s use of blockchain/Web3 technology and PCIM (Protocol for Cross-chain Interoperable Money) to issue Bitcurrency transcends national sovereignty and current legal frameworks. This is not necessarily negative—human progress has never been strictly rule-bound. We should seek risk balance in innovation.
World Diversity and Government Management
On another level, Openverse does not advocate for a single global chain or protocol. To preserve world diversity while enabling low-cost, rational value exchange, Openverse proposes that the “value internet” should inherit the internet’s architecture of separating public and private domains, advocating “heterogeneous networks, unified protocols, and mutual communication.” Openverse provides a protocol platform for nations, societies, tech enthusiasts, and ordinary citizens—not a decentralized anti-government platform. Thus, Openverse encourages countries to actively participate in node construction, ecological voting governance, and the operation of specialized blockchains (e.g., enterprise, government) using Versed blockchain programs.
On another level, Openverse does not advocate for a single global chain or protocol. To preserve world diversity while enabling low-cost, rational value exchange, Openverse proposes that the “value internet” should inherit the internet’s architecture of separating public and private domains, advocating “heterogeneous networks, unified protocols, and mutual communication.” Openverse provides a protocol platform for nations, societies, tech enthusiasts, and ordinary citizens—not a decentralized anti-government platform. Thus, Openverse encourages countries to actively participate in node construction, ecological voting governance, and the operation of specialized blockchains (e.g., enterprise, government) using Versed blockchain programs.