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Current Market Problems

  1. Insufficient Liquidity and Interoperability of Game Assets

    • Limited Asset Universality: Players cannot freely trade or use their digital assets across different games or platforms, restricting the multifunctionality and potential value of the assets.

    • Strong Platform Dependency: Assets and player experiences are overly dependent on a single gaming platform, leading to possible asset loss or reset progress issues during migration.

  2. High Transaction Fees and Processing Delays

    • Low Cost Efficiency: High transaction fees make small transactions economically unfeasible, limiting the widespread application of blockchain technology.

    • Operational Delays: Long transaction confirmation times, especially during high demand periods, affect applications requiring quick transaction processing, such as online gaming and real-time trading.

  3. Complexity and Security Issues of Cross-Chain Technology

    • Technical Challenges: Achieving secure and efficient cross-chain transaction technology is complex, requiring significant development resources and advanced technical knowledge.

    • Risk Management: Cross-chain operations increase the risk of attacks, particularly during asset transfers, necessitating high security measures and monitoring.

  4. Technical Access Barriers

    • Steep Learning Curve: Complex blockchain concepts and technologies require new users and developers to invest significant time in learning.

    • Unfriendly User Interface: The complexity of the technology often leads to difficult-to-understand user interfaces, reducing user acceptance and willingness to use.

  5. Lack of Effective Regulatory and Legal Framework

    • Compliance Issues: Existing legal and regulatory frameworks have not kept pace with technological development, posing compliance risks for businesses and users.

    • Inconsistent Regulations: Significant differences in legal regulations across different countries and regions increase the complexity and legal risks of international operations.

  6. User Trust and Privacy Concerns

    • Data Security Concerns: Users worry about the security of their personal and financial information on decentralized platforms, especially in environments lacking clear regulation.

    • Anonymity and Transparency Dilemma: While blockchain provides a certain level of anonymity, balancing transparency and anonymity remains a challenge.

  7. Lack of Unified Market Standards

    • Technical Divergence: Multiple blockchain protocols and standards in the market lack interoperability and compatibility, limiting the integration and development of technology.

    • Slow Standardization: The progress of industry standardization is slow, limiting the adoption and promotion of new technologies.

  8. Scalability Issues

    • Processing Capacity Limitations: Current blockchain solutions face performance bottlenecks when handling large numbers of concurrent transactions.

    • Network Congestion: In user-intensive application scenarios, such as popular games or large-scale transactions, the network is prone to congestion, affecting transaction efficiency.

  9. Insufficient Development Resources and Knowledge Sharing

    • Dispersed Resources: Effective development tools and documentation are scattered across various platforms and communities, making it difficult for new developers to quickly access the necessary information.

    • Knowledge Sharing Barriers: Despite community efforts to promote open source and sharing, the reality is that high-quality, systematic knowledge-sharing mechanisms are still insufficient, affecting development efficiency and innovation speed.

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