What are some of the challenges that need to be addressed before mass adoption can occur?
One of the main challenges that needs to be addressed before mass adoption of Zilliqa can occur is scalability.
Zilliqa is built on a sharding technology, which allows it to process more transactions per second than other blockchains. However, the current network can only handle up to 2,828 transactions per second. This is not enough for mass adoption as it would not be able to handle the high transaction volumes that would come with it.
Another challenge that needs to be addressed before mass adoption can occur is user experience. Currently, Zilliqa does not have a user-friendly interface and users need to have technical knowledge in order to use the platform. This makes it difficult for new users to get started and could hinder mass adoption.
A third challenge that needs to be addressed before mass adoption can occur is security. As with any blockchain project, security is paramount and Zilliqa needs to ensure that its network is secure from malicious actors. It also needs to ensure that its smart contracts are secure and cannot be exploited by hackers or malicious actors.
Finally, Zilliqa also needs to address the issue of liquidity before mass adoption can occur. Currently, there are limited exchanges where users can buy and sell ZIL tokens, which makes it difficult for users to access the tokens they need in order to use the platform. Increasing liquidity will make it easier for users to access the tokens they need and could help drive mass adoption of Zilliqa’s platform.