Two-dimensional black phosphorus (BP) presents extensive exciting properties attributed to the high mobility and non-dangling bonds uniform surface with simultaneously obtained atomically ultrathin body and offer opportunities beyond the traditional materials. BP has thus emerged as a unique material in the post-silicon era for low-power electronics and photo-electronics. Tremendous efforts have been invested in fully developing the extreme potentiality of BP for future nanoelectronics. However, the accompanying challenges, especially the poor stability that originates from the active surface, in fabricating large-area BP transistors with comparable electrical performance to silicon electronics prevent their practical application. Herein, we review the progress of recent works that demonstrated the feasibility of enhancing the stability of BP electronics, and identify the opportunities and challenges in developing BP as atomically thin semiconductors for next-generation nanoelectronics.