Gelios Blockchain Document
  • 👐Welcome!
  • 🏔️Foundation
    • ‼️Current Challenges
    • 🔩What problems does Gelios solve?
  • 🎮Gelios Blockchain
    • 💎First Runes-based blockchain
    • 🕎Polygon CDK Implementation
    • ♓Celestia DA Integration
    • ♋Valium scaling solution
  • Gelios Economy
    • 🗝️BTC as the Native Token
    • 🏪Gelios Governance Token
      • 🕸️Decentralized Decision-Making
      • 💵Transfer of Value
      • 💰How to claim gOS token
        • Key Holders
        • Ordinary Users
          • Gas Contributor Airdrop
          • Community Airdrop
    • 🪙gOS Allocation
  • Gelios Contract
    • 📔Gelios Contract
  • Gelios Ecosystem
    • 🌉Cross-chain Bridge
      • 💱How to transfer BTC, wBTC via Gelios Bridge
    • 🗣️Referral Program
  • Gelios Keys & Nodes
    • 🗝️Entry Key
      • 🔑How Key Benefits Users
      • 📋Entry Key Details
      • 🔐How to get Entry Keys?
    • 🖥️Node Station
      • 🆔How to pass KYC
      • 🤝Entry Node Agreement
  • Gelios Testnet
    • 🦊Connect to Gelios Network
    • 📥Get Testnet gBTC/ gOS Tokens
  • Social Media
    • 🌐Social Links
    • 🗃️Media Kit
  • Gelios Alphanet
    • 🔶Overview
    • ⚙️Gelios Architecture
    • 💡How to deploy a contract on Gelios AlphaNet?
      • Add Gelios AlphaNet to Metamask
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  • I. SCALABILITY
  • II. INTEROPERABILITY
  • III. COMMUNITY GOVERNANCE
  1. Foundation

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.

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Last updated 1 year ago

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