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Why it is ‘ridiculously hard’ to use Bitcoin, other cryptocurrencies

As the Cardano testnet went up and developers began reporting challenges, founder Charles Hoskinson live streamed yet another energetic video. In an hour, he took users through the extended unspent transaction outputs [eUTXO] system and spoke about Cardano’s trajectory. However, the video raised questions about the Cardano user experience and its accessibility.

Community Struggles

In the video titled “Smart Contracts and Beyond,” Hoskinson sat down to lead both confused viewers and developers through Cardano’s testnet. He stated there were some problems which the community would struggle with for three to six months before they were resolved.

Hoskinson’s mixture of complicated virtual diagrams and hopeful rhetoric triggered a host of reactions, ranging from passionate support to doubts about accessibility.

Source: YouTube

The Average Consumer

On 5 September, investment expert Anthony Pompliano tweeted about the need to solve user interface and user experience issues in crypto. He said,

“It is still ridiculously hard to use most things in the bitcoin and crypto industry. We are all underestimating how big this entire thing will be once those UI/UX issues get solved for the average consumer.”

Pressing concerns also include accessibility for “average consumers” and users with disabilities. During Hoskinson’s live stream, one commenter stated they were blind and asked how blind people could work and code alongside the team.

Inevitability

The Cardano Foundation’s goal is to bring one billion users onto the network within the next five years. Considering that a majority of these people will not be expert developers or technical users, UI/UX innovation is the need of the hour.

However, Hoskinson took a breezy view of the future, and said,

“The point of Cardano is to be around in 50 years or 100 years. [We] got the model of innovation, right? We got the model of collaboration, right? That is more important than anything else. All the other stuff is inevitable. It’ll happen. Might take months, might take weeks, might take years, but it will happen.”

As even proficient developers “struggle” with the new Cardano testnet, it is clear that UI/UX design is yet to take the rest of the “less tech-savvy” population into account. But as more networks race to attract members, the “average consumer” can hope these projects will rapidly move forward.

Disclaimer: AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.

Sahana is a full-time journalist at AMBCrypto. She has a Masters in Journalism and her areas of study include crypto-regulation, digital society, privacy, and intersectionality. Ask her about film photography and philately.

AMBCrypto was founded in 2018 with a mission to simplify and bring the latest blockchain and cryptocurrency news to our readers. We have quickly grown into the digital news source for an emerging generation of cryptocurrency enthusiasts, reaching more than a million readers on a monthly basis, across the globe.