Before it is possible to solve the scalability problem, it is critical to understand the origin of the dilemma. Blockchains in the past have been intentionally limited. This limitation is not a normal technical bottleneck, it is intentionally added for reasons related to the economics and risk.
Proof of Performance is pioneering the concept of True Decentralization. This critical concept contains the first principles of consensus design, the fundamental understanding of how Decentralization works that all Decentralized Applications, including blockchains, shouldstart from.
True Decentralization is a critical concept to understand about blockchains and decentralized technology in general. It’s all about getting the blockchain to fully pay for itself, not just make blocks.
True Decentralization is actually quite simple. We account for all the work a blockchain must do, such as copying blocks to other nodes, feeding data to wallets, reading data from the blockchain, and everything else. We then apply cryptographic economic game theory to make sure that the consensus pays for everything.
A Truly Decentralized blockchain or application must incentivize 100% of its functionality with its consensus game.
By ensuring that a blockchain is 100% incentivized, we can safely allow blocks to grow with demand. As people use the chain more and more, this generates more fees which are in-turn given to the Runners who in-turn deploy more infrastructure that makes the network both more secure and more performant.
