What are the big problems in crypto today?

[reikagi]

I’m curious about a design where a blockchain isn’t optimized for speculation but for predictable settlement:
• deterministic block finality
• small validator committees with bonded stakes
• simple UTXO rules
• strong anti-spam admission policies
Basically a minimal, deterministic settlement chain.

[fredericktaylor]

What are the big problems in cryptocurrency today? What problems need to be solved? Please advise me.

From my perspective, altcoins have many problems, the biggest of which is that projects are created without any specific reason except scams, so the success of the project is not guaranteed, and scammers constantly set new traps by launching new altcoins. New investors invest in them after seeing the hype in the core, and at some point the project scam scares off new investors. Most altcoins in the market will disappear at some point. So it is wisest to invest in it with money that you don't mind losing.

[nelson4lov]

I’m curious about a design where a blockchain isn’t optimized for speculation but for predictable settlement:
• deterministic block finality
• small validator committees with bonded stakes
• simple UTXO rules
• strong anti-spam admission policies
Basically a minimal, deterministic settlement chain.

What part of this haven't been solved by layer 1s that have launched over the years? I'm not saying there hasn't been one, I'm just saying there's a likely chance that one of such chains have been created. I think we should even move the conversation from how to optimize the blockchain to how we can utilize blockchain that build non-gambling apps that would gain traction and improve the overall standard of living for the average human.

[reikagi]

I’m curious about a design where a blockchain isn’t optimized for speculation but for predictable settlement:
• deterministic block finality
• small validator committees with bonded stakes
• simple UTXO rules
• strong anti-spam admission policies
Basically a minimal, deterministic settlement chain.

What part of this haven't been solved by layer 1s that have launched over the years? I'm not saying there hasn't been one, I'm just saying there's a likely chance that one of such chains have been created. I think we should even move the conversation from how to optimize the blockchain to how we can utilize blockchain that build non-gambling apps that would gain traction and improve the overall standard of living for the average human.

Most systems try to solve everything at the base layer—smart contracts, DeFi, tokens, governance—but that tends to make the protocol heavier and harder to reason about. Bitcoin showed that a narrow base layer can be powerful precisely because it does less and stays predictable. The interesting question isn’t whether another chain exists, but whether we can build a base layer that remains simple enough to last decades while still being useful as a settlement foundation.

[reikagi]

I’m not trying to launch another feature-heavy chain. The idea I’m exploring is whether a base layer that focuses only on deterministic settlement and simple validation rules might be easier for nodes and applications to reason about. Most modern systems add more functionality to the protocol itself, which increases complexity and attack surface. I’m curious whether keeping the base layer narrow and predictable could produce a more stable foundation for applications over the long term.

[Josefjix]

What are the big problems in cryptocurrency today? What problems need to be solved? Please advise me.

From my perspective, altcoins have many problems, the biggest of which is that projects are created without any specific reason except scams, so the success of the project is not guaranteed, and scammers constantly set new traps by launching new altcoins. New investors invest in them after seeing the hype in the core, and at some point the project scam scares off new investors. Most altcoins in the market will disappear at some point. So it is wisest to invest in it with money that you don't mind losing.

That's the major problems in the altcoin section we have nowadays, they are all here to make profits and not utility, there are many altcoins who had made huge amount of money off naive investors who doesn't know how this thing works, that's the problem crypto has at the moment.

Altcoin are launched everyday, new ones coming into the space everyday with the solution of faster transaction speed, less fee and all of this and that but can't survive after one time ATH.

Immediately they get their ATH, they keep dropping and disappear gradually without rising up.  That's the problem.

[Rubuchi]

What are the big problems in cryptocurrency today? What problems need to be solved? Please advise me.

From my perspective, altcoins have many problems, the biggest of which is that projects are created without any specific reason except scams, so the success of the project is not guaranteed, and scammers constantly set new traps by launching new altcoins. New investors invest in them after seeing the hype in the core, and at some point the project scam scares off new investors. Most altcoins in the market will disappear at some point. So it is wisest to invest in it with money that you don't mind losing.

it looks like it is not even all the altcoins that have been created that are created on the path to scam people, some of the altcoins were prematurely conceived and after a little pull back from the market, they run into deficit and decide to fold up their digital assets and footprints.
Some actually came with ill intentions such as to scam people off they money by making them believe that the platform is the best they could ever invest in, rob off people their money and suddenly disappear with those funds, leaving the people in dilemma and regrets. On several occasions, people have been warned to thread carefully with these platforms and some people’s will still go ahead to put in their money without doing any proper investment in the cryptocurrency space.

[tbterryboy]

The problem in the cryptospace is that due to lack of knowledge new investors think that crypto is a get rich quick scheme. They believe that if they invest today, they'll see huge profit overnight but that's not always the case.

I think lacking of knowledge is outside crypto anymore but it can be a general problem already. Crypto is no doubt highly volatile though. This makes it to be highly risky as well. So it was like the same when people say that gambling is a problem in the society. Although again that can be a wrong initiative. They can still be used as an advantage if one only possesses the right mindset.

FOMO is another problem. The fear of missing out when you see a coin pumping, you rush into investing on the coin unknown to you that the price was been manipulated by the dev. The worst is stacking up shitcoins without any bitcoin.

I think this is not different from the above. FOMO don't only happen in shitcoins though but it happens too in the crypto market in general. As we know many cryptos are old age and people thinks they need to hurry because they are now too late in the party. Stacking a shitcoin is I think not a problem, but!!, as long as you can also benefit on them.