As the blockchain-based cryptovers like Bitcoin and Ether continue to progress in terms of development and popularity, the mass adoption dream begins to be more achievable.
However, still much more to be done and even Bitcoin, the most popular, valuable and safe cryptocurrency consumer-ready far from.
Although Bitcoin can not accept the mainstream if it is not accepted even today, other important issues must be prevented from "Blockchain Sandbox".
Many work has been completed with the launch of blockchain technology for a long time. The four problems of analysis are still the major obstacles and there are problems in some traditional economics.
The blockchain development sector is one where creativeism and commitment are never astonishing and we believe that brightness will continue for future future creatives.
Scalability
This is the first thing that comes to mind and is the most unauthorized roadblock. Bitcoin transactions have recently been given to test outbreaks, and the results are well known: delayed transactions, high fees, and many other names on Twitter.
Yes, scalability itself and a problem, but it can be just as bad as the pull pulls built around, leading to panic sales in the market, changing rival protocols, and overall confusion for users entering
Fortunately, this is not a concept that is not in the concept of developing community, and the main reason why BIP (Bitcoin Development Proposal) is not being submitted.
Most developers have changed their approach to alternative blockbains that have been adopted with the latest technology and design.
Customer Protection
Earlier this month, the Crypto Community rejoiced as Bitcoin's market cap overtook PayPal, however, it can be seen as a problem.
While Bitcoin has hidden PayPal stock, its user base is not close to 210 million users, where there is a PayPal account.
In this mind, crypto is still a very speculative market that is easy to conclude.
So, what are people turning off using backlinks and other cryptocoolsignations that provide more advanced technology than PayPal?
Two words: Consumer protection is simply no thing at crypto.
If you want to buy anything with Bitcoin, you must fully rely on the merchant or you will have to get an extra escrow agent that can negotiate transactions, which makes the whole process complex and costly.
Yunus CEO Nuno Correa said that his team is creating a simple, effective solution on a platform that will showcase its own consumer protection system, allowing users to shop online with the same comfort while using eBay and PayPal.
Kritigroff asks Korea how widely the platform can accept cryptokulchulism.
He is in the United States:
"The UTRUST crypto accepters will have confidence, and they do not think they will take risks when buying online!"
Mistrust
Bitcoin is an unknown person of volatility, while bilateral cousins of inflation are refugees where traders make a living, it is not a preferred asset for a currency.
This issue relates nicely with the issue of consumer protection. We just reviewed.
Traders and customers have two basic elements of a transaction and even though they have many Bitcoiners where they can spend their BTC wherever they are, merchants may be reluctant to deal with additional risks.
Although systems traders employed on the Utrust platforms are able to deal with the decision, it is not a complete solution to the volatility problem.
However, projects such as Bitsas, Waves, and Teetha are getting blockchain-based FATTICS such as BITSAD, WASD, and USDT, respectively, with blockchain technology respectively.
Security
This is not a cryptocurrency-specific problem, but if their growing cryptoculturations at the mainstream stage still need to be tackled instantaneously, it is still some.
We're not even talking about the number of ridiculous numbers, schemes and designs for making your coins online. We're talking about the exchange.
Exchange Cryptocurgency has become a gateway in the world, providing a convenient and affordable service.
However, this same exchange has become an failed point in an otherwise decentralized economy.
The latest problem found in Gox Hack, Bitfinex and BTC-E from the infamous mount, is that this problem does not seem to be good with time.
The solution lies with the Decentral Exchange (DEX). Operating source products such as WAVES DEX and upcoming BarredDeXX allow users to control and sell cryptokulchas in order to control the users 'safety, confidentiality, and efficiency in relieving users' security, privacy and efficiency.
Audo, the leader of the Community Leader of SuperNet, tells the Telegraph:
"Trading with decentralized exchange like Beatroxox can be done through a walle