In the cryptocurrency market, $sui has created miracles again, $cetus was stolen for 220 million, and as the main chain of the stolen DeFi protocol, it hasn't dropped in value. Is this the power of strong institutions? Then the Sui officials actively froze the hacker's assets worth 160 million, and the market criticized it for being centralized, having super permissions, and being a one-man show, as if everyone in the network wanted to step in.
I think Sui did nothing wrong in this regard. After all, the distinction between good and evil in hackers is very easy to identify. Since they have the ability to reduce losses, why pretend to be weak? Ultimately, it’s the retail investors who suffer for the sake of face. I don’t believe that pursuing absolute decentralization is necessarily good, although achieving this can indeed raise the ceiling of public chains.
Currently, only BTC and ETH can achieve this. Once hackers convert the stolen coins into these two, there are basically no technical means to freeze or recover them, but the cryptocurrency market is not just about these.
For Sui, a newly launched public chain, driving up prices and ensuring security are the priorities; all other ideals are empty. Even if it is decentralized in normal times, utilizing super permissions to correct mistakes in critical moments is an advantage of new public chains compared to older ones like Ethereum.
Just like a few months ago, $hype also chose to roll back to avoid a 200 million loss for the platform, and at that time, it was heavily criticized, but today $hype is still at an all-time high and has received praise from the market.
Sui and Hype are true good projects, while many seemingly principled public chains neither drive up prices nor resist theft, and they stubbornly cling on. Such projects are just worthless nonsense.
#以太坊走势
I think Sui did nothing wrong in this regard. After all, the distinction between good and evil in hackers is very easy to identify. Since they have the ability to reduce losses, why pretend to be weak? Ultimately, it’s the retail investors who suffer for the sake of face. I don’t believe that pursuing absolute decentralization is necessarily good, although achieving this can indeed raise the ceiling of public chains.
Currently, only BTC and ETH can achieve this. Once hackers convert the stolen coins into these two, there are basically no technical means to freeze or recover them, but the cryptocurrency market is not just about these.
For Sui, a newly launched public chain, driving up prices and ensuring security are the priorities; all other ideals are empty. Even if it is decentralized in normal times, utilizing super permissions to correct mistakes in critical moments is an advantage of new public chains compared to older ones like Ethereum.
Just like a few months ago, $hype also chose to roll back to avoid a 200 million loss for the platform, and at that time, it was heavily criticized, but today $hype is still at an all-time high and has received praise from the market.
Sui and Hype are true good projects, while many seemingly principled public chains neither drive up prices nor resist theft, and they stubbornly cling on. Such projects are just worthless nonsense.
#以太坊走势
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