‼️Current Challenges

Bitcoin native blockchain, renowned for being the pioneer of decentralized digital currencies, is characterized by its robustness, security, and a decentralized network of nodes. However, Bitcoin's primary function as a store of value has limited its application in more dynamic and complex use cases.

I. SCALABILITY

Bitcoin's base layer currently faces scalability limitations, which results in slower transaction times during periods of high demand.

II. INTEROPERABILITY

While Bitcoin is a pioneer in the cryptocurrency space, its interoperability with other blockchains, especially those utilizing different protocols, is limited.

III. COMMUNITY GOVERNANCE

The governance structure of Bitcoin primarily involves miners and developers, and it may not be as inclusive as some community members desire.