🚀Story Background

The construction of Origins Originates from the three major challenges faced by the blockchain field. Faced with these challenges, current blockchain networks struggle to provide sufficient efficiency and cannot meet the demands brought by large-scale applications. It is important to note that Origins is not a branch version of Diem but an independent project built from scratch. Its focus lies in fundamental scalability to achieve real-time settlement while providing high throughput, low latency, and cost-effective performance, serving as a stable power source for applications of billions of users.

Blockchain Field's Three Major Challenges:

1. Decentralization:

Decentralization is one of the core features of blockchain. It means that control and decision-making authority are not centralized in the hands of a single entity but distributed among various nodes in the network. This makes it difficult for a single point to be a target for attacks, enhancing the system's resistance to attacks. However, decentralization may also lead to performance bottlenecks and the complexity of achieving consensus.

2. Security:

The security of a blockchain depends on the cost for an attacker to gain control of the system. Generally, the higher the security, the greater the cost an attacker needs to incur, thereby enhancing the network's security. Consensus algorithms, encryption technologies, and the decentralized nature are crucial factors in ensuring the security of the blockchain.

3. Scalability:

Scalability refers to the system's ability to effectively handle more transactions and data volume. High scalability is crucial for supporting large-scale applications and widespread adoption. However, improving scalability may involve sacrificing some decentralized features because, in a decentralized network, each node must participate in the consensus process, which may lead to limitations in transaction speed.

In the "Trilemma of the Three Major Issues," each of the three characteristics has its own independent technological development path. Sacrificing one characteristic does not necessarily mean gaining an improvement in another. Instead, under existing technological conditions, a blockchain system attempting to maximize these three characteristics typically involves trade-offs. Moreover, if we exclude "decentralization" and "security" from the "trilemma," there can be no talk of a "blockchain" and a "system" at all. Over the years, various blockchain public chain systems, when attempting to overcome the "Trilemma," have often prioritized optimizing system performance by increasing TPS (transactions per second). Origins, too, was born to thoroughly address the challenges of blockchain.