#加密圆桌会议要点

Cryptocurrency Roundtable: Pathways to Breakthrough and Future Reconstruction

——Deconstructing Industry Dilemmas from the Perspectives of Technology, Regulation, and Ecology

Recently, the frequent convening of global cryptocurrency roundtables reflects the unprecedented challenges facing this field: extreme volatility in Bitcoin prices, frequent depegging of algorithmic stablecoins, a crisis of trust in exchanges, and the ongoing divergence of regulatory policies… The industry is struggling to find its way in the gap between technological breakthroughs and institutional constraints. How can we find a balance between 'innovation and risk' and 'freedom and order'? This requires breaking through from three dimensions: underlying technology iteration, global regulatory collaboration, and ecological value reconstruction.

1. Technological Dilemma: The Dual Strangulation of Performance Bottlenecks and Security Vulnerabilities

The 'impossible triangle' of blockchain technology remains a sword of Damocles. Although Ethereum's merge has reduced energy consumption by 99%, its TPS has only increased from 15 to 30, far from Visa's 24,000; high-performance chains like Solana frequently experience outages, with cumulative downtime exceeding 200 hours in 2023. This imbalance between performance and security has led to repeated attacks on DeFi protocols, with losses from cross-chain bridge vulnerabilities alone reaching $1.3 billion in Q1 2023.

Pathways to Breakthrough:

1. Breakthroughs in Modular Blockchain Technology: Drawing on Celestia's data availability layer separation architecture, decoupling the execution layer, settlement layer, and consensus layer to improve efficiency through specialized division of labor.

2. Scalable Application of Zero-Knowledge Proofs (ZKP): StarkWare's recursive proof technology has reduced the cost of verifying a single transaction to $0.003, establishing a technological buffer between privacy and compliance.