80% of Crypto Users Quit Blockchains Within 90 Days Due to Complexity
Key Points on Crypto's User Experience Challenges
A study indicates that 80% of crypto users leave blockchains within 90 days due to poor user experience.
The requirement to switch networks, like from Ethereum to another blockchain, highlights the fragmented and complex nature of current systems.
This complexity deters users, reflecting a technical focus over user comprehension in the crypto industry.
Developers face challenges expanding across multiple chains, leading to operational burdens and stunted innovation.
There is a need for seamless cross-chain interactions where users don't have to manage network switches or understand underlying complexities.
Current solutions like ZeroDev and Chainlink CCIP are working towards improving user experiences and cross-chain functionality.
ZetaChain aims to allow applications to span all major chains, making blockchain interactions smoother for users.
The industry needs to focus on simplifying the user interface, akin to historical breakthroughs in computing that hid technical complexity from end-users.
The potential exists to make blockchains invisible to users, enhancing adoption and usability.
