🔥 "
#加密貨幣圈 went off course?" The bombardment from
#V神 makes one ponder!
#Vitalik This time the fire directly points out that the current state of cryptocurrency has strayed far from its original intention—cryptography and cybersecurity innovation. His words compel us to think, what has happened in the crypto space?
⚡ What is the main reason for Vitalik's criticism?
1️⃣ Overly chasing profit: The current crypto space resembles a "funding game," where many projects aim to make quick money, neglecting true technological innovation.
2️⃣ Ignoring technical foundations: Cryptography and cybersecurity were once the soul of cryptocurrency, but now many projects can't even achieve basic security, exposing numerous vulnerabilities, turning user asset safety into a joke.
3️⃣ Straying from the original intention: From Bitcoin's vision of decentralization to Ethereum's smart contract innovation, it was supposed to be a force that disrupts traditional finance, yet it has been overshadowed by speculation and bubbles.
💡 Where should cryptocurrency head in the future?
📌 Return to technological innovation: The crypto space needs more projects focused on cryptography and cybersecurity rather than merely being a funding game. The ability to launch revolutionary applications is key to the industry's longevity.
📌 Strengthen security measures: Whether it’s smart contract vulnerabilities or security incidents at exchanges, these issues are undermining user confidence in the industry. Raising technical standards is urgent.
📌 Break away from speculation: The market needs a more transparent and healthy ecosystem, not one that chases the next "hundredfold coin" every day.
🤔 I think Vitalik is right, but the deeper issue lies in the industry's internal dynamics. Most current investors seek high returns, and project teams cater to this desire, creating a vicious cycle. To truly change, what is needed is reflection and action from the entire industry.
For ordinary investors, rather than chasing short-term profits, it’s better to take a long-term view and support projects that focus on technology and practical applications, as this is where real value can be generated.
🌟 What do you think of Vitalik's criticism? How do you believe cryptocurrency can get back on track? Let's discuss your views!
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