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Navigating the Blockchain Trilemma
This chapter examines the blockchain trilemma and the varied strategies employed by ecosystems like Ethereum, Solana, and Cosmos to enhance utility and address challenges such as value capture. It discusses how these layer one blockchains are adapting their approaches, including restaking and market dynamics, to improve their competitiveness and influence the future of blockchain technology. The analysis also reflects on Ethereum's evolving strategies, its architectural choices, and their impact on performance relative to its rivals.