Why crypto need to refocus on capability, over blind emphasis on decentralization or verifiability.
All technological progress are defined by the capabilities unlocked.
For crypto:
- Censorship-resistant money (and store of value) was the first capability unlock.
- Permissionless asset creation and finance was the second capability unlock.
Notice the theme: censorship resistance and permissionless-ness, which are security features enabled by decentralization, were critical to these first two unlocks--
- Bitcoin would not be what it is if not for its self-custodial property and censorship resistance.
- Ethereum would not have been what it is without ICO and defi summer, which were enabled by permissionless smart contracts.
Over the last few years, crypto got sidetracked and started to value decentralization, security, and verifiability without specific capability unlocks. Examples: decentralization theater (early forms of onchain AI), adding verifiability without specific purpose ("zk-everything").
I believe our the industry is finally exiting this sidetrack.
Example: If an app requires real-time censorship resistance, then decentralize. No need for real-time censorship resistance? Let's use a centralized sequencer but offer self-custodial guarantee via validity proofs.
Refocus on capability; make crypto great again.
(Image credit ChatGPT 4o)
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Looking like a perfect time to load up on $BOTIFY @BotifydotCloud
I don't think we'll be seeing it under 20m much longer, team's been cooking and there's a lot coming:
⚡️ Ecosystem Onboarding, Founders, dApps, brands, and partners integrating fast
🤝 Partnerships - Web2/Web 3
🤖 The first iteration of our Agents, the X Agent
🧠 AI Agent Power-Ups
📊 Revenue Engine, The Marketplace!
🛠 Infrastructure Milestones
🎯 Mass Adoption Moves, working through the top names in the sapce at Solana Accelerate, BTC Vegas, Token2049 SG
🚀 Global Campaigns
TRB Surges 18% Amid Major Withdrawals, $336M Volume and Anticipation for Key Binance Update
Tellor (TRB) is currently trading at $51.89 on Binance, reflecting an 18.34% increase over the past 24 hours with a significant trading volume of $336.7 million and a market capitalization of $141.4 million. The recent price surge is attributed to large TRB withdrawals by major holders from Binance, heightened trading activity, and anticipation surrounding Binance's newly announced update for TRB effective June 6, 2025. These factors, combined with technical indicators showing strong momentum and recent price volatility, have driven increased interest and contributed to the notable upward movement in TRB’s price.
🚨 🚨 2,869,483,918,550 #SHIB (36,603,136 USD) transferred from unknown wallet to Coinbase Institutional
https://whale-alert.io/tx/ethereum/0x0286fb003d0bf6f249d6f821823605f22ed6ac5478026bc2e99697b73a66689c