I originally thought that the Bitcoin ecosystem, #ORDINALS , #BRC20 , and inscriptions had already fallen silent. After nearly a year of decline, the leading players #ORDI , #SATS , and #RATS became the three fools, with most users enduring the long bear market in wait! Until a reply from the Binance Web3 wallet suddenly activated and angered the long-silent community and users! It turned out everyone was there; the community was there! Whether it is @CZ or @Yi He as the helm of Binance, they will always put the community first.
The users feel the same; after calling out for so long, regarding Binance's Web3 wallet, the greater the expectations, the greater the disappointment. The deeper the love, the sharper the hate. Upon self-reflection, is it really that difficult for the king of all chains, Bitcoin, to provide a feature that can inscribe inscriptions and runes?
I believe it’s not that it can't be done, nor is it a matter of differentiation; it’s the arrogance and prejudice of the wallet team.
With the benchmark OKX Web3 wallet, everyone thought, even if you were copying homework, you should be able to replicate it, but the result was a half-finished product on the first launch. After nearly a year of adjustments and relaunching, the community and users' long-anticipated inscription feature was gone again. The Web3 wallet has become distant from the market and users, drifting further away from everyone's needs, like a person living in their own world; the wallet product is detached from real needs.
I served you a feast, but you prefer Qingfeng buns.
Furthermore, regarding the focus on inscriptions, why is there such a large user base for inscriptions, and they are all BTC holders? It is because inscriptions, following Bitcoin, are the second time in crypto history that retail investors have been given a fair chance; retail investors can participate in fair minting. The word “fair” is so precious—previous ICOs, IDOs couldn't do it, VC projects couldn't do it, and even the currently popular memes have enough conspiracy groups that can't do it. Only inscriptions provide that glimmer of hope, allowing retail investors to truly experience fairness in crypto, which is priceless.
For the Web3 wallet, if it’s not done well, we must find reasons internally and cannot be self-righteous. If it really can’t be done well, then don’t do it; save resources and manpower. Focus on doing CEX well, concentrate efforts on big tasks, and build a strong moat. Binance’s CEX is strong enough! Consistently provide excellent user experience and security. Because we are all users!