A trip to Hong Kong Web3 Conference, a lot of feelings (3)
5) It can be clearly felt that the new love of BTC layer2 and the old love of Ethereum layer2 are engaged in a competition. The layer2-centric story vision proposed by Vitalik is very beautiful, but it is still unsatisfactory when reflected in the currency price and actual delivery expectations. It is precisely because of this , BTC layer2 has taken on large enough new market expectations. Therefore, there is no doubt that BTC layer 2 reaps the dividends from the failure of Ethereum layer 2 to implement as expected. Of course, this kind of involution will be suspected of reinventing the wheel, but don’t ignore it. The user groups who play in the BTC ecosystem and those who play in the Ethereum ecosystem are not 100% overlapping. The strong consensus of BTC is likely to be the core driving force of this bull market. . In the long run, BTC layer2 can derive a unique new route of UTXO architecture, and can also be combined with the mature Ethereum layer2 ecosystem. If we take Layer2 as the standard, BTC layer2 and Ethereum layer2 are not in a life-and-death competitive relationship. It can be clearly seen that It feels like both camps are embracing each other; 6) There are indeed no innovative and inspiring outstanding Alpha projects. Some people say that this is a stage for Eastern forces to show off their muscles, while Western forces are concentrated on Dubai Token2049 in a few days. In terms of narrative direction, AI, DePIN, ZK, and parallel EVM, if you don’t consider implementation, Western power is indeed more attractive. After all, many Western projects have frighteningly high valuations when they reach the Chinese-speaking circle; in terms of innovation vitality, Inscription Market, BTC layer2, DePIN hardware mining, if you don’t care about Rug friction, the wealth effect of Eastern Power is indeed driving the entire industry forward. Rather than saying that Eastern forces and Western forces are competing in secret, it is better to say that each has missed the other's growth. The current Eastern inscriptions and Western MEME forces will always form a combined force after a certain main Shenglang force is generated.
Thousand times of coins in 2024
