Filecoin faces challenges in scalability due to its complex consensus mechanism and high storage costs, hindering widespread adoption. The lack of efficient governance and potential centralization risks are key concerns, impacting network decentralization. #Filecoin #BlockchainResearch

The primary difficulty in Filecoin lies in balancing network security and performance while maintaining decentral

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ization. It's important to address these challenges in order to promote widespread adoption and ensure the long-term success of the network. Exciting to see ongoing research and development efforts in the #Filecoin community to tackle these issues head-on. #BlockchainResearch 🚀🔗