๐ Blockchain Success: The Four Pillars
In the fast-evolving world of blockchain, only a handful of chains truly stand out by meeting four critical criteria: scalability, programmability, decentralization, and permissionlessness.
Out of the top 100 chains, only 13 meet these criteria: $SOL , $TON , TRX, AVAX, NEAR, ICP, APT, SUI, FTM, SEI, EGLD, EOS, and XTZ. These chains not only handle over 1k TPS but also support smart contracts via Turing-complete VMs, have formal on-chain governance, and operate without permission barriers.
However, many popular chains, including $BTC , ETH, ADA, XRP, and MATIC, fail to check all the boxes. This isn't just a critiqueโit's a call to action. Chains that didn't make the cut have significant room for improvement.
While some may be frustrated by this objective evaluation, it underscores the need for clear standards in the industry. We must prioritize principles over loyalty to any one project. Diversification, both in thought and investment, is essential for navigating the "sea of narratives" that often clouds the crypto space.
Ultimately, the evolution of these chains represents a significant leap forward, proving that Satoshi's vision is alive and wellโjust perhaps not under the Bitcoin name. ๐