Problem Statement

The problem statement outlined in the HeChain Whitepaper includes the following key issues in the current blockchain landscape:

• Limited Scalability: Conventional L1 solutions struggle to scale dynamically as network activity grows, resulting in inefficiencies.

• User Experience Gaps: Many existing blockchain platforms have yet to crack the code on delivering an engaging and easy-to-navigate UI.

• Innovation Deficit: The blockchain space has seen few groundbreaking developments in recent years, with many projects offering only incremental advancements.

• Ecosystem Fragmentation: Current blockchain ecosystems often operate in silos. Projects, platforms, and services are scattered across various networks, creating friction for users who need to navigate between them.