Challenges in Blockchain Development: Focus on Short-Term Gains or Real Solutions?

Struggles in Building High-Performance Blockchains

Issues with Current Incentives

Developers have been facing difficulties in creating high-performance blockchains over the past decade. A prominent figure in the industry expressed concerns about the prevalent focus on short-term gains rather than addressing real problems. This skewed incentive structure has led to a lack of progress in solving critical issues.

Low Transaction Volumes and Token Pumping

The same individual highlighted that some blockchain networks are experiencing alarmingly low average transaction volumes, with numbers often in the single digits. Instead of fostering genuine growth and utility, there is a trend towards pumping tokens without offering tangible solutions. This approach has raised questions about the long-term viability of certain blockchain projects.