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正航奇旅

经济思维看世界,周期思维晓未来
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Sui Network TVL exceeds 2.09 billion USD: The value reconstruction and ecological rise of high-performance public chains
Sui Network TVL exceeds 2.09 billion USD: The value reconstruction and ecological rise of high-performance public chains
唐华斑竹
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Sui Network's TVL Surpasses $2.09 Billion: The Value Reconstruction and Ecological Rise of High-Performance Public Chains
The development of the blockchain industry has always been accompanied by the iteration and upgrading of infrastructure. As a foundational carrying platform, the performance, scalability, and developer-friendliness of public chains directly determine the degree of ecosystem prosperity. Recently, the total locked value (TVL) of the Sui network surpassed $2.09 billion, exceeding this January's historical high of $2.083 billion, and achieving a 22.4% growth in just one week. This data not only marks the accelerated expansion of the Sui ecosystem but also reflects its unique competitive advantage in technical architecture and market positioning.
High-performance architecture supports explosive growth
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$WLD: Rumors explode, may become the core token of AI social platforms! The market is buzzing that OpenAI is going to create a social platform, and WLD is expected to become the built-in currency! Chatting, tipping, and services all rely on it? There’s more excitement - once the World ID system is integrated, WLD can not only be spent, but may also turn into a passport, upgrading to a platform-level core asset. Although the official stance hasn’t been clarified, Altman's itinerary has already sparked wild speculation.
$WLD: Rumors explode, may become the core token of AI social platforms!
The market is buzzing that OpenAI is going to create a social platform, and WLD is expected to become the built-in currency! Chatting, tipping, and services all rely on it? There’s more excitement - once the World ID system is integrated, WLD can not only be spent, but may also turn into a passport, upgrading to a platform-level core asset. Although the official stance hasn’t been clarified, Altman's itinerary has already sparked wild speculation.
疯比特
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Will WLD become a hard currency on the platform? Is EOS rebranding to become a bank? Is SUI racing to become the new leader?

$WLD: Rumors are explosive, it may become the core token of AI social platforms!

The market is buzzing that OpenAI is going to create a social platform, and WLD is expected to become the built-in currency! Will it be used for chatting, tipping, and services? There's even more excitement — once the World ID system is integrated, WLD may not only be spendable but could also transform into a pass, upgrading to a core asset of the platform. Although the official stance hasn't changed, Altman's schedule has fueled speculation.

$EOS: Rebranded as Vaulta, making a shocking debut as a Web3 bank!

EOS has dropped a heavyweight bomb: rebranding as Vaulta and shifting to a Web3 banking model, with a token swap planned by the end of May. The CEO has scrapped the inflation model, setting an 80% cap, and introduced a halving mechanism. Technically, it has broken through $0.6; if it surpasses the $0.85 barrier, seeing $1.3 by the end of the year isn't a dream!

$SUI: A candidate for the next generation of public chain leaders!

SUI is dubbed the 'new Solana', with strong technology and a better development experience than Aptos, and rapid ecological expansion. Wall Street funds have already heavily invested, with a mobile programming language that is precise and stable; it is expected to become the new king of public chains by 2025!

Three coins, three storms, each one a dark horse in the market; are you ready to follow the trend or will you be swept away?
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HK Binance ID
HK Binance ID
一枪过888
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Family, what is going on, cannot update, Hong Kong ID
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Binance has just launched Megadrop, a revolutionary platform that combines staking, airdrops, and Web3 tasks to reward users with early access to high-potential tokens. Projects like Lista (LISTA) have already caused a stir; could this be the next 100x opportunity?
Binance has just launched Megadrop, a revolutionary platform that combines staking, airdrops, and Web3 tasks to reward users with early access to high-potential tokens. Projects like Lista (LISTA) have already caused a stir; could this be the next 100x opportunity?
MAAZaidi
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Binance’s Latest Game-Changer: What’s Sending Shockwaves Through Crypto?
The crypto world is buzzing, and Binance is at the center of it all—yet again! Whether you're a seasoned trader or just crypto-curious, here’s the top trending Binance news you can’t afford to miss:
📈 Binance Megadrop – The Next Big Airdrop Phenomenon?
Binance just launched Megadrop, a revolutionary platform combining staking, airdrops, and Web3 quests to reward users with early access to high-potential tokens. With projects like Lista (LISTA) already making waves, could this be the next 100x opportunity?
💡 Pro Tip: Lock your BNB, complete tasks, and maximize rewards before the next big drop!
💥 Regulatory Wins & Expansion – Binance Gets Green Light in Dubai!
Despite past challenges, Binance just scored a major victory—securing a VASP license in Dubai! This means full regulatory approval for exchange and broker services, reinforcing trust and opening doors for Middle Eastern traders.
🌍 What’s next? Rumor has it more licenses are coming in 2024!
🚨 $BNB Price Surge – Is the Bull Run Back?



BNB has been on a tear, breaking past $600 and fueling speculation of a new all-time high. With Binance Chain’s growing ecosystem (hello, opBNB and Greenfield!), experts predict BNB could dominate this cycle.
📊 Key Drivers:
✅ Token burns reducing supply
✅ Increased DeFi & staking demand
✅ Megadrop hype boosting BNB utility
🤯 Binance vs. SEC – The Battle Continues
The legal saga isn’t over, but Binance is fighting back hard! Recent court filings challenge the SEC’s authority, and the crypto community is watching closely. A favorable ruling could mean a massive bullish catalyst for Binance and the entire market.
⚖️ Stay tuned—this could shape crypto regulation for years!
💬 Join the Conversation!
What’s your take?
🔹 Megadrop – Hype or goldmine?
🔹 Will BNB hit $1,000 this cycle?
🔹 Is Binance still the #1 exchange?
Drop your thoughts below! 👇 And if you’re not already on Binance, now might be the time to jump in. �
#Binance #Crypto #BNB #Megadrop #BullRun #DubaiCrypto #ToTheMoon
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Stablecoins: Opening a New Era for Everyday Payments
Stablecoins: Opening a New Era for Everyday Payments
User-a1bb7
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Stablecoins: Opening a New Era of Daily Payments
#稳定币日常支付
In today's rapidly developing digital age, payment methods are also undergoing unprecedented changes. Stablecoins, as an emerging payment tool, are gradually entering people's daily lives, bringing new vitality and opportunities to the payment field.
Overview of stablecoins
Stablecoins are a type of cryptocurrency with stable value, usually pegged to fiat currencies or a basket of currencies to reduce volatility in the cryptocurrency market. Unlike traditional cryptocurrencies like Bitcoin, which experience significant price fluctuations, stablecoins aim to provide a relatively stable medium for value storage and exchange, making them more suitable for daily payment scenarios.
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Worldcoin (WLD): The Future of Digital Identity and Global Finance
Worldcoin (WLD): The Future of Digital Identity and Global Finance
Umi90
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Worldcoin (WLD): The Future of Digital Identity and Global Finance
In an era where artificial intelligence (AI) and blockchain technology are reshaping the digital landscape, Worldcoin (WLD) emerges as a bold and controversial project aiming to redefine identity verification and economic inclusion. Founded by Sam Altman (of OpenAI fame), Alex Blania, and Max Novendstern, Worldcoin seeks to create the world’s largest identity and financial network through its native cryptocurrency, WLD, and a privacy-preserving digital identity system called World ID. But what exactly is WLD coin, and what does the future hold for this ambitious venture? This article explores the mechanics of Worldcoin, its potential, and the challenges it faces in a rapidly evolving crypto ecosystem.
What is WLD Coin?
WLD is the native cryptocurrency token of the Worldcoin protocol, a decentralized blockchain project launched in July 2023. Worldcoin’s mission is to provide universal access to the global economy by distributing WLD tokens to individuals who verify their humanity through a biometric device called the Orb. This verification process creates a World ID, a privacy-focused digital identity that uses zero-knowledge proofs to confirm a user’s “Proof of Personhood” without compromising personal data. The project envisions a world where every individual can participate in a fair, inclusive economy, potentially supporting concepts like AI-funded Universal Basic Income (UBI).
Key components of the Worldcoin ecosystem include:
World ID: A decentralized identity system to distinguish humans from bots or AI, enabling secure access to digital services, governance, and fair token distribution.WLD Token: Used for transactions, accessing services, and participating in governance within the Worldcoin network.The Orb: A biometric scanning device that verifies users’ uniqueness through iris recognition, ensuring privacy via cryptographic techniques.Global Reach: Worldcoin aims to onboard billions of users, particularly in underserved regions, to foster economic inclusion.
As of May 2, 2025, WLD trades at approximately $0.7088, with a market capitalization of $1.776 billion and a circulating supply of 1.3 billion tokens (out of a total supply of 10 billion). Ranking among the top 100 cryptocurrencies, WLD has garnered significant attention but also faces skepticism due to its bold vision and privacy concerns.
The Vision Behind Worldcoin
Worldcoin’s core premise is that verifying human identity is critical in an AI-driven world where distinguishing humans from bots is increasingly challenging. By providing a universal digital identity, Worldcoin aims to:
Combat Sybil Attacks: Prevent malicious actors from creating multiple fake identities in decentralized systems.Enable Fair Token Distribution: Distribute WLD tokens equitably to verified humans, promoting economic inclusion.Support UBI: Leverage AI and blockchain to fund universal basic income, addressing wealth inequality.Facilitate Governance: Allow World ID holders to participate in decentralized governance, shaping the future of the protocol.
The project’s alignment with AI and blockchain trends, coupled with Sam Altman’s involvement, positions it as a potential leader in the intersection of these technologies. Worldcoin has already partnered with over 16 governments and boasts 5.4 million active users as of November 2024, signaling early traction.
The Potential of WLD Coin
The future of WLD coin hinges on Worldcoin’s ability to achieve widespread adoption and deliver on its ambitious goals. Below are key factors that could drive its growth:
1. Adoption and Real-World Utility
Worldcoin’s unique value proposition—verifying human identity in a privacy-preserving way—has significant applications. World ID could become a standard for web3 platforms, social networks, and decentralized finance (DeFi), reducing fraud and ensuring fair access. The project’s focus on underserved regions could onboard millions of unbanked individuals, expanding the crypto economy. If Worldcoin integrates with major platforms or secures additional government partnerships, demand for WLD could surge.
2. AI and Blockchain Synergy
Backed by Sam Altman, Worldcoin is well-positioned to capitalize on the growing convergence of AI and blockchain. As AI adoption accelerates, the need for secure, human-centric identity systems will intensify. Worldcoin’s vision of AI-funded UBI could also gain traction if economic inequality worsens, making WLD a cornerstone of future financial systems.
3. Bullish Market Trends
The cryptocurrency market is known for its cyclical nature, and a potential bull run in 2025 (driven by Bitcoin’s rise past $100,000) could lift altcoins like WLD. Technical indicators as of April 2025 show bullish signals, with some analysts predicting a 232% increase to $3.13 by late May. Long-term forecasts are even more optimistic, with projections ranging from $5–$15.97 by 2025 and up to $30–$150 by 2030 in bullish scenarios.
4. Community and Partnerships
Worldcoin’s growing community and strategic partnerships enhance its credibility. With over 5 million users and government collaborations, the project demonstrates real-world impact. Social media platforms like X reflect mixed but engaged sentiment, with some users (
@cokiramirez
) praising WLD’s fundamentals and others (
@WallStreetMav
) debating its tokenomics.
Challenges and Risks
Despite its potential, Worldcoin faces significant hurdles that could impact WLD’s trajectory:
1. Privacy and Ethical Concerns
The use of biometric data (iris scanning) has sparked controversy, with critics labeling Worldcoin “Orwellian.” Although the project emphasizes privacy through zero-knowledge proofs, public perception and regulatory scrutiny could hinder adoption. Jurisdictions with strict data protection laws may impose restrictions, limiting Orb deployment.
2. Tokenomics and Dilution
WLD’s tokenomics raise concerns. With only 1.3% of its 10 billion total supply circulating, the fully diluted valuation is a staggering $29 billion. As more tokens are released, price suppression could occur, disappointing investors. Critics on X (
@Ashcryptoreal
) highlight this as a red flag, comparing WLD to speculative altcoins.
3. Regulatory Uncertainty
The cryptocurrency industry faces evolving regulations, and Worldcoin’s biometric approach makes it a potential target. Regulatory crackdowns or bans in key markets could derail growth, while favorable policies could accelerate adoption.
4. Market Volatility
WLD’s price history reflects crypto’s volatility, with a peak of $11.82 and a 93% drop to its current level. Bearish predictions for 2025 ($0.16–$0.70) underscore the risk of further declines, especially if the broader market corrects.
Price Predictions: What Lies Ahead?
Price forecasts for WLD vary widely, reflecting the project’s high-risk, high-reward nature:
2025: Bullish estimates range from $5–$15.97 (CoinLore, Coinpedia), while conservative forecasts predict $0.94–$4.52 (CoinCodex). Bearish outlooks see a drop to $0.16 (WalletInvestor).2030: Optimistic projections suggest $27–$150 (CoinEdition, Crypto.ro), assuming mass adoption. Moderate estimates hover around $3–$5 (CoinCodex, AMBCrypto).2040–2050: Long-term forecasts predict $40–$108.66 (CoinLore, CoinEdition), though CoinCodex caps WLD at $53.23 by 2049, ruling out $100+ targets due to the massive growth required.
These predictions are speculative and should be approached with caution, as cryptocurrency markets are notoriously unpredictable.
Is WLD a Good Investment?
WLD coin offers a compelling mix of innovation and risk. Its strengths—strong leadership, a unique vision, and growing adoption—make it an intriguing opportunity for long-term investors. However, privacy concerns, tokenomics, and regulatory risks warrant caution. Investors should:
Research Thoroughly: Verify information from reputable sources like CoinGecko, CoinMarketCap, or Binance.Monitor Sentiment: Platforms like X provide real-time insights but can be biased or speculative.Manage Risk: Only invest what you can afford to lose, given WLD’s volatility.Consult Experts: Seek advice from financial advisors, especially for high-risk assets.
Conclusion
Worldcoin (WLD) is more than just a cryptocurrency—it’s a bold experiment at the intersection of AI, blockchain, and digital identity. By tackling the challenge of proving humanness in a digital world, Worldcoin has the potential to reshape global finance, governance, and economic inclusion. However, its path is fraught with challenges, from privacy concerns to regulatory hurdles and volatile tokenomics. As of May 2025, WLD remains a high-risk, high-reward investment with the potential to soar if adoption accelerates or plummet if skepticism prevails.
Whether Worldcoin becomes a cornerstone of the AI-blockchain economy or fades into obscurity depends on its ability to navigate these complexities. For now, WLD coin represents a fascinating case study in innovation, ambition, and the delicate balance of trust in the crypto world. Stay informed, tread carefully, and keep an eye on this transformative project as it unfolds.#BinanceHODLerSTO #DigitalAssetBill #WLD $WLD
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$WLD Token Research
$WLD Token Research
ufo0807
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WLD is bound to plummet to $0.1
$WLD I have been following WLD for two years, here are my specific reasons for not being optimistic about this project: ↓
#WLD
✅ 1. The consequences of releasing 6.63 million WLD daily - Strong inflation pressure
1. Annual inflation rate is extremely high
Daily unlocking amount: 6,630,000 tokens
Annual total unlocking amount: 6,630,000 × 365 = 242 million tokens

Current circulation (as of early 2025): About 193 million tokens

👉 In other words, the circulation may double in a year.
Economic principle: If demand remains unchanged while supply continues to increase, the price will naturally decline.

✅ 2. User growth cannot match the release rhythm - Demand growth lags behind
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Czech National Bank
Czech National Bank
Crypto飞哥
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CZ's prediction four years ago about $ETH: "ETH is currently the network of the rich, but soon these people will become poor."
2021 was the peak for ETH, and four years have passed without ETH breaking new highs. I don't know if I should say CZ was right, or if I should say CZ has a mouth of a crow 😂😂😂
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Panoramic Interpretation of the Current State of DeFi Development: dex, Staking, Lending, Stablecoins: Aave, Ena……$ENA $AAVE $CRV
Panoramic Interpretation of the Current State of DeFi Development: dex, Staking, Lending, Stablecoins: Aave, Ena……$ENA $AAVE $CRV
PANews
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A Comprehensive Interpretation of the Current State of DeFi Development: Aave and Lido Become the Highest TVL Protocols, Solana Ranks as the Second Largest Public Chain
Author: A Fox in Web3, Crypto KOL

Compiled by: Felix, PANews (this article has been edited)

Decentralized Finance (DeFi) is often compared to traditional finance (TradFi) and has become a vast and exponentially growing field within Web3. The goal of DeFi aligns closely with the often-heard phrase in the crypto space of 'providing banking services to the unbanked.'

The promise of providing global financial services without banks is a noble goal, and much of Web3's appeal stems from this. This article aims to reflect on the development of DeFi over the past year from today's perspective.
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How does the DAO list lead the BNBFi revolution through liquid staking and DeFi innovation?$LISTA
How does the DAO list lead the BNBFi revolution through liquid staking and DeFi innovation?$LISTA
Binance News
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Lista DAO 如何通过流动性质押和 DeFi 创新引领 BNBFi 革命?
随着 DeFi 生态的快速演进,Lista DAO 正在通过引入流动性质押、跨链稳定币应用以及与币安生态的深度集成,不断突破 BNBFi 的边界。在本次独家专访中,Lista DAO 首席运营官 Terry 分享了 Lista DAO 的项目路线图、用户如何最大化 BNB 收益,以及 BNB Chain 上去中心化金融的未来发展方向。对话 Lista DAO 首席运营官 TerryLista DAO 背后团队是谁?能否介绍一下核心成员及其职责吗?Terry:Lista DAO 拥有一支由 20 位开发者组成的优秀团队,其中大多数成员具备中心化交易所和区块链创新方面的经验。以下是领导团队的简要介绍:我本人(Terry,首席运营官)—曾任币安中国区负责人,专注于战略运营与增长。Lorena(商务拓展负责人)—前币安 BD 经理,目前负责制定 Lista 的战略合作方向。Bob(产品负责人)—曾主导一个 BSC NFT 项目,如今负责 Lista DAO 的产品战略。Kay(市场经理)—拥有加密钱包协议的背景,现负责品牌建设与外部传播。Helen(运营经理)—曾是交易所社区经理,目前负责整个 DAO 的运营事务。我们正携手打造一个稳健且高收益的 BNBFi 生态系统。Lista DAO 路线图有哪些关键里程碑?它们如何塑造 BNBFi 的未来?Terry:我们的 2025 年路线图分为三个核心阶段:Lista 1.0 —扩展 lisUSD 和借贷创新将 lisUSD 推广至缺乏强稳定币支持的链上生态。推出固定利率借贷产品,以提升收入和资本效率。Lista 2.0 —— 加强质押与治理机制提升节点的安全性与去中心化程度。引入更小型、分布式的验证节点,优化治理结构。Lista 3.0 – BNBFi 的未来构建跨链的 BNBFi 生态,推出全新 DeFi 金库。启动推荐奖励计划,推动用户增长。小预告:我们正在筹备一项重大的 DeFi 基础设施升级,以强化用户的收益策略。BNB 持有者如何通过 Lista DAO 的流动性质押模型最大化收益?Terry:BNB 持有者可以通过我们平台同时解锁三重收益来源:质押 BNB → 获取 slisBNB 收益用户将获得 slisBNB,这是一种可累积质押奖励的流动性质押代币。slisBNB 可在整个 LSDFi 生态中使用,无需解押即可参与各种操作。存入 CDP → 获得 clisBNB,用于参与币安 Launchpool锁定 BNB 或 slisBNB,即可获得 clisBNB,用于挖矿获取 Launchpool 奖励。借出 lisUSD → 解锁流动性用户可以使用 slisBNB 作为抵押品借出 lisUSD,同时 BNB 仍然在持续产生质押收益。三重收益路径:质押收益 + lisUSD 流动性 + Launchpool 奖励,同时保持对 BNB 的完整敞口。Lista DAO 如何解决稳定币「三难困境」?Terry:我们通过以下方式解决去中心化、稳定性和资本效率之间的平衡问题:lisUSD 由去中心化的加密资产作为支撑。引入价格稳定模块(PSM),以维持 lisUSD 的价格稳定。即使在借贷的同时,用户仍然可以获得质押收益。这使得 lisUSD 既稳定、又能产出收益,并且原生属于 DeFi,不同于传统的 CDP 模型。用户可以在 BNBFi 生态中期待哪些新进展?Terry:我们正在让 BNBFi 变得更强大、更具包容性:质押 BNB → 借出 lisUSD → 自动参与 Launchpool 挖矿。通过 clisBNB,将 BTC 等资产桥接至币安生态中的奖励机制。引入循环收益策略(looping strategies),以提升年化收益率(APR)。我们的使命是打破参与门槛,提升用户在 BNBFi 中获取收益的渠道。Lista DAO 在 2025 年有哪些关键合作正在加速其增长?Terry:我们有两项关键合作正在推动项目向前发展:Pendle Finance:用户可以将未来收益进行代币化并进行交易。Solv Protocol:BTC 持有者无需出售比特币即可参与 Launchpool 挖矿奖励。这些合作提升了平台的可达性、收益优化能力,并推动了 BNBFi 的普及与采用。Lista DAO 接下来面临的最大挑战是什么?Terry:我们目前专注于解决以下几个关键问题:应对监管不确定性的同时,保持协议的去中心化特性;提高 BNB Chain 上流动性质押的用户接受度;拓展 lisUSD 的使用场景,建立更强的市场需求。我们相信,通过跨链扩展、战略合作以及社区的持续支持,可以有效应对这些挑战。如果要用一句话来描述 Lista DAO 的终极愿景,你会怎么说?Terry:「All in BNBFi(全力以赴,拥抱 BNBFi)。」Lista DAO 解决了哪些其他 DeFi 项目尚未触及的问题?Terry:我们提供多层收益结构,用户无需将资产兑换成陌生代币。同时,我们是原生的 BNB Chain 项目,不像多数 DeFi 项目那样只专注于以太坊。Lista DAO 是首个真正原生于 BNBFi 的收益平台,在 BNB Chain 上实现了完整的垂直整合。社区治理在 Lista DAO 未来中有多重要?Terry:我们的治理由 veLISTA 持有者实现。他们拥有以下权限:控制代币排放与协议激励机制决定协议的战略发展方向这样的治理机制使协议增长与用户利益保持一致,并确保项目的长期去中心化发展。Lista DAO 有哪些方面区别于 Lido 或 Rocket Pool 等竞争对手?Terry:我们与币安深度集成,是唯一同时参与 Launchpool、Megadrop 和 HODLer 空投的项目。此外:原生构建于 BNB Chain专注服务于 BNBFi 生态提供对币安专属 DeFi 功能的接入权限币安在塑造 BNB 流动性质押未来中扮演了怎样的角色?Terry:币安是我们战略中的关键一环。BNB 的独特价值在于其 Launchpool 奖励和强流动性。我们正在搭建连接 CeFi 与 DeFi 的基础设施,使得更多用户能够进入 BNBFi 世界。凭借以 BNB 为核心的策略、多层质押结构以及与币安的独家集成,Lista DAO 正逐步成为在去中心化与安全框架下,追求最大化 BNB 收益用户的首选协议。免责声明本文包括第三方观点,并不构成财务建议。内容不代表币安的立场。本文章经过编译,若有任何差异,请参照原版以获取最准确的信息。
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Sam Altman's Worldcoin ($WLD) project has officially launched in the United States. This thing is centralized; who will use it?
Sam Altman's Worldcoin ($WLD) project has officially launched in the United States. This thing is centralized; who will use it?
Faizananjum
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BREAKING: Sam Altman's Worldcoin ($WLD) Project Officially Launches in the U.S.

Here’s Everything You Need to Know (No Fluff):

1. What Just Happened?
The Worldcoin team has launched World ID in the United States. Now, people in cities like New York, Los Angeles, and Miami can verify their identity by scanning their iris using a device called an Orb.

2. Get Free Crypto for Verifying
New users will receive 16 WLD tokens after completing a scan. And if you’re an early adopter, you can also claim a 150 WLD bonus. Yes — real tokens, real rewards.

3. Use Crypto Like Cash
A Worldcoin Visa Debit Card is coming soon. You’ll be able to spend your WLD tokens anywhere Visa is accepted — just like regular money.

4. Tinder is Testing It
World ID is being tested on Tinder in Japan to reduce fake profiles and bots — aiming for a more secure dating experience.

5. No Orb Nearby? No Problem.
Even if you can’t scan your iris, you can still earn WLD by completing tasks with your World ID credentials.

6. It’s Already Global
Over 26 million people in 160+ countries have signed up. More than 12 million have completed the iris scan.

7. Worldcoin is Building Its Own Blockchain
Meet World Chain, a new Ethereum Layer 2 network focused on keeping bots out and real humans in.

8. Some Are Concerned
Not everyone is on board. Some cities like New York and countries like Brazil are raising concerns over privacy and biometric data collection.

9. What’s the Big Vision?
Sam Altman wants a future where proving you're human earns you rewards. It's also seen as a potential step toward Universal Basic Income in a world dominated by AI.

#WLD $BTC $ETH $SOL #Worldcoin #CryptoNews #SamAltman #blockchain #Binance
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Ethereum Foundation Reboots: New Leadership, Vision, and Key Focus Areas for the Next Year
Ethereum Foundation Reboots: New Leadership, Vision, and Key Focus Areas for the Next Year
金色财经
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Ethereum Foundation Restart: New Management, Vision, and Key Focus for the Coming Year.
Note: Under prolonged pressure from low ETH prices, the Ethereum Foundation accelerated its adjustment pace in 2025. On February 25, 2025, Aya Miyaguchi officially became the chair of the Ethereum Foundation, and on March 17, Hsiao-Wei Wang and Tomasz Stańczak became co-executive directors of Ethereum. On April 28, 2025, the Ethereum Foundation published three articles on its official website, highlighting the new management, Ethereum vision, and key focus for the coming year, reaffirming its determination to restart.

1. Management and Board Structure.

The Ethereum Foundation recently appointed two co-executive directors and a chair.
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The Ethereum Fusaka hard fork will be completed by the end of 2025, canceling the EOF upgrade
The Ethereum Fusaka hard fork will be completed by the end of 2025, canceling the EOF upgrade
Foresight_News
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以太坊 Fusaka 硬分叉将于 2025 年底完成,取消 EOF 升级
Foresight News 消息,据 Cointelegraph 报道,以太坊基金会联合执行董事 Tomasz Kajetan Stańczak 透露,Fusaka 硬分叉预计于 2025 年第三或第四季度进行,具体时间表尚未确定。核心开发者 Tim Beiko 确认,因技术不确定性及可能延误分叉进度,备受争议的 EVM 对象格式(EOF)升级已从 Fusaka 中移除。

EOF 包含 12 项 EIP,旨在通过定义字节码容器模块提升 EVM 效率,但其复杂性引发争议。反对者如开发者 Pascal Caversaccio 认为其「过于复杂」,增加了新语义并更改十余个操作码,且可能引入新漏洞。
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Fusaka Hard Fork: The Strategic Wisdom Behind 'Simplifying Complexity' The initially planned inclusion of EOF (Ethereum Object Format) into Fusaka was suddenly 'kicked out of the group chat', causing quite a bit of anxiety. But don't panic! Developers found that while EOF sounds impressive, it's like installing an airplane engine on a bicycle — the complexity can lead to more breakdowns. Now, Fusaka's focus has shifted to EIP-7823 (Limiting MODEXP Complexity) and EIP-7907 (Contract Code Size Management). These 'pragmatic' upgrades will allow smart contracts to run more stably, while also reserving space for future RISC-V architecture. Foundation officials emphasized: 'We'd rather be a bit slower, but we want to ensure every step is steady.'
Fusaka Hard Fork: The Strategic Wisdom Behind 'Simplifying Complexity'
The initially planned inclusion of EOF (Ethereum Object Format) into Fusaka was suddenly 'kicked out of the group chat', causing quite a bit of anxiety. But don't panic! Developers found that while EOF sounds impressive, it's like installing an airplane engine on a bicycle — the complexity can lead to more breakdowns.
Now, Fusaka's focus has shifted to EIP-7823 (Limiting MODEXP Complexity) and EIP-7907 (Contract Code Size Management). These 'pragmatic' upgrades will allow smart contracts to run more stably, while also reserving space for future RISC-V architecture. Foundation officials emphasized: 'We'd rather be a bit slower, but we want to ensure every step is steady.'
小胖玩币
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Have you heard? Ethereum is about to do something big!
#以太坊的未来 Ethereum's major upgrade sneak peek: In 2025, your Web3 experience will be completely 'supercharged'!
'Hey, have you heard? Ethereum is about to do something big!'
Recently, the Ethereum Foundation released major news: In the coming year, this largest blockchain ecosystem in the world will focus on two main themes: 'technological breakthroughs' and 'experiential revolutions', initiating an epic evolution. As an ordinary user, the transfer speed, transaction fees, and application richness that you care about... will all change! Today, let's talk about the behind-the-scenes of this 'Ethereum 2.0.1' in the most down-to-earth language.
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Hong Kong's Dark Side: The Hidden Empire Under the Sleepless Nights of Victoria Harbour
Hong Kong's Dark Side: The Hidden Empire Under the Sleepless Nights of Victoria Harbour
山 君
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Reflections on the Shenzhen Clan: The Secret Empire Beneath Victoria Harbour's Sleepless Nights
To the world, Hong Kong is a dazzling pearl of the international financial center, but few know that beneath the neon lights of this sleepless city lies an underground kingdom far larger than Shenzhen. From the smuggling giant ships of the Teochew clan to the black bookmakers of Temple Street, from the dark web servers of Sham Shui Po to the virtual currency money laundering pools in Central, Hong Kong's gray industries have long infiltrated the capillaries of the global economy.
Golden Waterway and Black Gold Empire
In the 1970s, when the mainland was still under a planned economy, Hong Kong's Teochew business clan had already taken control of Victoria Harbour's 'Golden Waterway'. Fishing boats in Causeway Bay's typhoon shelter unload Thai tin and Indonesian rubber late at night, before being labeled 'Made in Japan' at dawn; Sony VCRs wrapped in waterproof cloth are sunk to the bottom of the Yau Ma Tei warehouse, only to reappear at Shekou port in Shenzhen with the ebb and flow of tides. At its peak, 80% of the world's smuggled Rolex watches passed through Hong Kong to the Middle East, with even the Swiss headquarters tacitly allowing the existence of the 'Hong Kong version Submariner'—after all, each watch's hidden location tracking chip was originally a customs clearance password specially made for them.
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Aptos更像是冷冷的科技巨头试验田,Sui则是街头巷尾的热闹游乐场。 🤔Sui更懂得“有糖就有流量”的加密生存法则 Sui运营团队官方默许+平台补贴资金,发币空投、生态激励、开发者补贴、节点奖励一套接一套。
Aptos更像是冷冷的科技巨头试验田,Sui则是街头巷尾的热闹游乐场。
🤔Sui更懂得“有糖就有流量”的加密生存法则
Sui运营团队官方默许+平台补贴资金,发币空投、生态激励、开发者补贴、节点奖励一套接一套。
迪咪柴 Dmechai
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今天突然想到个问题,为啥Aptos 和 Sui 都是Move语言公链,热度和活跃度能差这么多?

这两都是Meta也就是前脸书Diem项目出来的团队搞的,但今天看,日常活跃地址和TX都差了几倍,Gas Fee和协议收益都差到百倍了,浅浅研究一下。

🤔Sui选了一个更能出圈、吸流量的赛道

某种程度上可能 Aptos的技术还更稳定一些,接近原生Move的模块化和资源极致安全,更偏向于金融基础设施,想做“高净值、严肃应用”。

Sui是大幅修改Move去增强并发处理效率和扩展性,强调极低Gas、高速高并发,适合游戏、社交、支付等大规模应用。

Aptos更像是冷冷的科技巨头试验田,Sui则是街头巷尾的热闹游乐场。

🤔Sui更懂得“有糖就有流量”的加密生存法则

Sui运营团队官方默许+平台补贴资金,发币空投、生态激励、开发者补贴、节点奖励一套接一套。

所以你能看到Sui上的毛能够快速引爆TVL和活跃钱包数,@DeepBookonSui @WalrusProtocol 这些基本上都是大毛。

Aptos比较保守,空投小气,@ThalaLabs @PontemNetwork 这样不错的项目,也推不起来大范围用户关注,生态扩展慢,很多项目都跑了。

人话说就是,Aptos是技术宅男,Sui是运营高手。

Aptos虽然背后有a16z、FTX,但FTX暴雷后,Aptos的资本光环直接打折。

Sui资本也很豪华a16z、Jump、Circle等,但Sui快速跟进了亚洲市场尤其东南亚韩国,跑的嘎嘎快。

不是哥们,这还没搞明白这帮臭炒币的在哪里吗?

Aptos也不算完全输,只是Sui现在走在了前列,都在等待一个牛逼的大叙事~

在加密世界,热闹先行,慢工后补,热度赢了就是先机。
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曾经被视为「加密圈玩具」的稳定币,正以摧枯拉朽之势,从金融世界的边缘走向舞台中央。花旗银行的一份报告,揭开了这场逆袭的序幕:到 2030 年,稳定币供应量可能达到 3.7 万亿美元
曾经被视为「加密圈玩具」的稳定币,正以摧枯拉朽之势,从金融世界的边缘走向舞台中央。花旗银行的一份报告,揭开了这场逆袭的序幕:到 2030 年,稳定币供应量可能达到 3.7 万亿美元
不亏的鱼
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稳定币狂飙:一场改写全球金融规则的逆袭
凌晨三点,土耳其的艾哈迈德盯着手机屏幕笑了 —— 他刚用 USDT 完成跨境贸易结算,10 万美元货款在 3 分钟内到账,手续费不到传统银行的 1/5。这个场景,正在全球无数个角落上演:阿根廷主妇用稳定币给孩子交学费,尼日利亚商人用稳定币规避本币暴跌,墨西哥移民通过稳定币给家乡亲人汇去生活费……

曾经被视为「加密圈玩具」的稳定币,正以摧枯拉朽之势,从金融世界的边缘走向舞台中央。花旗银行的一份报告,揭开了这场逆袭的序幕:到 2030 年,稳定币供应量可能达到 3.7 万亿美元—— 这不是冰冷的数字,而是足以重塑全球金融版图的力量。

从「野蛮生长」到「登堂入室」:一场静默的金融革命
五年前,提到稳定币,银行家们会不屑地说「不过是加密货币的避险工具」;如今,贝莱德、富兰克林邓普顿等金融巨头却悄悄入场,将稳定币纳入支付结算体系。这种态度转变的背后,是三大「逆袭密码」:
1. 监管破冰:从「灰色地带」到「阳光赛道」
美国通过《稳定币法案》,欧盟落地 MiCA 法规,这些曾经让从业者提心吊胆的监管框架,如今却成了稳定币的「镀金通行证」。一位资深从业者回忆:「以前见客户像做贼,现在带着监管文件上门,对方眼神都不一样了 —— 合规,让稳定币从『野孩子』变成了『正规军』。」
2. 机构觉醒:传统金融的「真香时刻」
当摩根大通开始用稳定币测试跨境结算,当 PayPal 推出自己的稳定币 PYUSD,人们突然意识到:不是稳定币需要金融机构,而是金融机构需要稳定币。它像一根魔法棒,让跨境汇款从「三天到账」变成「秒级到账」,让企业支付从「手续费刺客」变成「成本透明化」。曾经对加密货币嗤之以鼻的银行家,如今却在内部会议上反复研讨:「如何让稳定币成为我们全球化战略的关键拼图?」
3. 普通人的「救命稻草」:对抗通胀的最后防线
在阿根廷,年通胀率突破 100%,月薪跟不上面包价格的涨幅,稳定币成了工薪阶层的「数字诺亚方舟」;在委内瑞拉,玻利瓦尔纸币堆成小山也换不来一桶汽油,USDT 却能在黑市买到生活必需品 ——稳定币的崛起,本质是全球普通人对「稳定价值」的绝望呐喊。当本币像脱缰的野马般贬值,当银行账户里的数字每天都在「缩水」,稳定币成了他们抓住的最后一根浮木。

从「交易工具」到「金融基建」:稳定币正在颠覆什么?
打开加密货币交易所,90% 的交易都离不开稳定币 —— 这只是它的「初级形态」。真正的颠覆,发生在现实世界的每个角落:
跨境汇款:让思念不再「迟到」
墨西哥城的玛丽亚,每月都会给家乡的父母汇去生活费。过去,她需要支付 8% 的手续费,等 3 天才能到账;现在,用稳定币转账,手续费降到 2%,父母几分钟就能收到。「上周妈妈用收到的 USDT 买了新药,再也不用等药店涨价了。」玛丽亚眼里闪着光。企业支付:让贸易摆脱「手续费枷锁」
肯尼亚的跨境电商老板阿米尔,曾因传统银行的「隐性成本」差点破产。现在,他用稳定币结算国际货款,每笔交易成本降低 60%,利润表终于不再被手续费「吃掉」。「稳定币让我们小公司也能和大集团拼效率。」他拍着电脑屏幕说。资产保值:让普通人握住「稳定锚」
土耳其的程序员奥斯曼,把一半工资换成稳定币。「里拉每年贬值 40%,而 USDT 像一把锁,帮我保住辛苦赚的钱。」他指着手机里的钱包,「这不是投资,是给生活上保险。」
当「零收益」成为过去:稳定币的「内卷」才刚刚开始
曾经,稳定币靠「稳定」打天下;如今,贝莱德、PayPal 等巨头带着「收益」入场,掀起了一场「增值革命」。用户发现:原来稳定币不仅能保命,还能生钱。
Circle 给 USDC 用户发奖励,Tether 琢磨着如何回馈持有者,新玩家带着 5% 的年化收益杀来 —— 这场「内卷」的背后,是稳定币从「工具」到「生态」的进化。就像当年智能手机从「打电话」变成「移动世界」,稳定币正在从「价值尺度」变成「金融生态的基石」。
结语:一个属于稳定币的时代正在到来
站在 2025 年的路口回望,稳定币的崛起像一场静默的海啸:
它让金融机构放下偏见,开始拥抱「去中心化」;它让普通人在通胀风暴中,握住了第一块「稳定的木板」;它让跨境支付、企业结算、资产保值不再是「富人的特权」,而是触手可及的日常。

当清晨的阳光洒在纽约证券交易所,当迪拜的商人用稳定币完成第一笔交易,当非洲的母亲用稳定币给孩子交上学费 ——我们正在见证的,不是一个行业的爆发,而是全球金融秩序的重构。
稳定币的故事,才刚刚开始。而你,准备好迎接这个「稳定即力量」的新世界了吗?

关注@不亏的鱼 ,第一时间了解更多币圈咨询分析

#稳定币 $USDC $FDUSD


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大饼创始人中本聪,可能不是人类,而是来自未来的人工智能!
大饼创始人中本聪,可能不是人类,而是来自未来的人工智能!
区块链叶先生
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必桉创始人赵长鹏突然放话:大饼创始人中本聪,可能不是人类,而是来自未来的人工智能!

这个观点一出,整个圈子炸了。想想也不是没道理——在大饼诞生时,智能合约、去中心化、密码学、博弈论的结合,远远超出当时的认知水平,仿佛有人提前掌握了几十年后的科技蓝图。

而且,中本聪神秘消失至今零破绽,像极了一场“完美剧本”的收尾。如果真是未来AI穿越布局,大饼不仅是货币革命,更是人类命运的一次暗中修正。

结合降息预期、全球货币体系动荡,当下布局大饼,或许就是在押注一个更大的未来。别忘了,真正改变世界的,从来不是常规玩家,而是看见时代裂缝的人。#ALPACA #om #sui #FIS #ZEC $TRUMP $ALPACA $FIS
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以太坊資深研究員提案EIP-9698將Gas限制提高100倍,目標四年內達成。此提案若通過,可望大幅提升以太坊基礎層的交易處理能力至2000 TPS,有望超過當前的Solana性能。 ???
以太坊資深研究員提案EIP-9698將Gas限制提高100倍,目標四年內達成。此提案若通過,可望大幅提升以太坊基礎層的交易處理能力至2000 TPS,有望超過當前的Solana性能。 ???
動區 BlockTempo
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以太坊爆打Solana不藏了?社群提案「GAS上限提高百倍」,理論 TPS 飆破 2000
以太坊資深研究員提案EIP-9698將Gas限制提高100倍,目標四年內達成。此提案若通過,可望大幅提升以太坊基礎層的交易處理能力至2000 TPS,有望超過當前的Solana性能。 (前情提要:十年風雨洗禮,以太坊還能迎來「偉大的暴漲」嗎?) (背景補充:ADA創辦人開嗆以太坊「三大缺失」:Vitalik 承認 Cardano更好,ETH 十年內可能消失)   以太坊近期遭受外界嚴重質疑,與其他應用程式公鏈的競爭看似已落下風,而近期以太坊基金會資深研究員 Dankrad Feist 卻提出一項極具雄心的性能擴展計畫「EIP-9698」,該提案期望在未來四年內,逐步將以太坊(Ethereum)主網的 Gas 限制大幅提升 100 倍,從目前的 3,600 萬增加至 36 億。若此提案順利實施,理論上可將以太坊基礎層(Layer 1, L1)的交易處理能力提升至每秒 2,000 筆(TPS),這性能水準已經達到當前競爭對手 Solana 日常平均 TPS 約 1000 左右的兩倍之多,引起以太坊社群熱議。 以太坊回歸 Layer1 擴容 長期以來 以太坊主要倚重 Layer 2, 解決方案來應對擴展性挑戰,例如 Rollups 等技術,而 EIP-9698 提案顯示以太坊正重新平衡擴展路線的可能性,並尋求 L1 與 L2 並重的平衡發展路徑。 根據提案內容,EIP-9698 計劃採用分階段、漸進式的方式來提升 Gas 限制。預計將在前兩年內將 Gas 限制提高 10 倍,隨後在後兩年再增加 10 倍,最終達成四年內總計 100 倍的增長目標。這種逐步調整的方式將透過客戶端(client)的投票機制來實現,給予網路參與者充分的時間適應變化,降低潛在風險。 Gas 限制的顯著提升將為以太坊帶來多重效益,最直接的影響是大幅增加每個區塊可容納的交易數量,理論上單個區塊可包含約 6,000 筆交易。這有望顯著緩解網路擁堵狀況,進而降低用戶支付的交易費用(Gas Fee)。同時,每秒交易處理能力理論上可望達到 2,000 TPS,雖然與部分競爭對手聲稱的理論峰值仍有差距,但已能大幅縮小實際處理能力的差異(例如,Solana 實際觀察到的 TPS 通常在 800-1,050 之間)。 擴展挑戰性 大幅提高 Gas 限制也帶來了不容忽視的技術挑戰,首先當前節點運行者面臨的壓力也顯著增加,更大區塊需要更強大電腦硬體來處理和儲存,這可能提高運行全節點的門檻,對以太坊的去中心化程度構成潛在挑戰。其次,區塊大小的增加可能導致區塊在網路中的傳播時間延長,影響網路的穩定性和安全性。狀態增長、執行延遲等也是需要深入研究和解決的問題。 EIP-9698 提案與以太坊既有的技術路線圖緊密相關,需要與未來即將實施的升級(如預計 2025 年底的 Fusaka 硬分叉和 2025 年 5 月的 Pectra 升級)協同進行。這項提案反映出以太坊開發社群對於基礎層擴展的重新關注,並可能引導以太坊走向一條更加平衡、L1 與 L2 共同發力的擴展道路,以更好地應對去中心化應用日益增長的需求。 總體而言,EIP-9698 提案是一項極具潛力的大膽計畫,若能克服技術挑戰並成功實施,將對以太坊的性能和生態系統產生深遠影響,特別是在處理高交易量和降低用戶成本方面。 這項提案也引發了社群對於如何在擴展性、去中心化和安全性之間取得最佳平衡的新一輪討論,以太坊能否在推進基礎層擴展的同時,維持其核心價值並鞏固其領先地位,值得我們持續關注。 相關報導 以太坊敲定 Pectra 升級 5/7 上線:帳戶抽象、L2擴容與提高質押上限,三大改進一次看 以太坊「改 RISC-V」嚇跑開發者?OG警告:ETH生態將重分配,小項目會出走Solana 以太坊敲定 Pectra 升級 5/7 上線:帳戶抽象、L2擴容與提高質押上限,三大改進一次看〈以太坊爆打Solana不藏了?社群提案「GAS上限提高百倍」,理論 TPS 飆破 2000〉這篇文章最早發佈於動區BlockTempo《動區動趨-最具影響力的區塊鏈新聞媒體》。
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以太坊陷入困境的三大原因
以太坊陷入困境的三大原因
金色财经
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以太坊陷入困境的三大原因
作者:Lane Rettig,以太坊前核心开发者、以太坊基金会前员工;翻译:金色财经xiaozou

几周后以太坊将迎来十周年。然而该项目和社区仍存在内部割裂、发展方向分歧的问题,在日益激烈的竞争中挣扎。上周我写了以太坊陷入困境的三大症结,以及为何因此市场情绪跌至我见过的最低点。上周所述的原因主要与文化相关。本文继续带来三个更务实的原因:人才危机、用户体验割裂以及治理问题。

1、人才危机

如上篇文章所述,我在2017至2019年间以不同身份任职于以太坊基金会。我职业生涯中参与过多个运作失调的组织,在这个由才华横溢但自闭的建造者主导的行业里,早期项目似乎难免如此。即便以这些低标准衡量,以太坊基金会仍是我参与过最混乱的组织(下文详述),这种混乱导致其在吸引和留存人才方面存在严重问题。

人才通常青睐任人唯贤的环境,他们知道努力工作和优秀表现会获得回报与晋升。而我在以太坊基金会看到的恰恰相反:这里存在严重的人才排斥现象。不幸的是,这也反映了整个以太坊生态的现状。以太坊的成功并非源于良好的人才吸引或留存机制,而是在极度畸形的人才管道中侥幸存活。它确实做得不好。

我在基金会的个人经历就是典型案例,也是以太坊生态人才问题的缩影。据我观察,基金会掌权者大多不应该成为掌权者。他们并非因才能被聘用或提拔,相反,他们是Vitalik的朋友、受Vitalik信任的各类特殊关系者,甚至不乏道貌岸然者。虽然基金会多数成员善良勤奋,但有些人人品堪忧,甚至相当堕落且权力欲旺盛。

这种选拔机制存在双重问题:首先无法选出强有力领导者,其次会打击其他成员的士气。它明确传递出这样的信号:在基金会或以太坊生态,成功不靠努力或能力,而是靠天时地利,靠巴结Vitalik等决策者并模仿其价值观行为。我看到那些受Vitalik"庇佑"的人享有财富特权却几乎无需担责,而处境不佳者(包括努力工作的人)永远无法出头。

我不想过多谈论个人经历,但我眼中的基金会极度混乱:领导层不清楚下属人数、博士级贡献者时薪仅25美元、员工薪资常被拖欠、派系斗争与权谋算计横行。我因直言所见所闻树敌众多。

我认识许多离开基金会/以太坊生态的顶尖人才,原因相似;也见过试图加入却遭拒绝的能人。有人遭遇类似基金会的体制问题;有人找不到运作良好的以太坊项目最终另谋高就;有人因报酬不公转投他处;还有人被混乱缓慢的进度劝退。

典型案例不胜枚举。我认为最佳案例是NEAR和Monad等以太坊"衍生"项目。为何这些项目会存在?为何那些才华横溢的创始人不去建设以太坊而选择另起炉灶?为何投资人不注资以太坊而投向竞品?

Web2经济的运作方式值得参考:想开发更好搜索引擎的建造者有两个选择——加入谷歌(若能力出众将获丰厚报酬)或创立公司(可能被谷歌收购)。无论哪种,建造者都获回报,创新最终融入谷歌生态。

以太坊两种能力都不具备:基金会等组织无法为底层贡献者提供包含股权对等的优厚待遇;并购几乎不存在。简言之,经济模型已坏:以太坊无法补偿在底层冒险创新的创始人。基金会研发人员的薪资远低于自立门户或加入竞品。面对批评,基金会总辩称其品牌光环足以弥补风险报酬的缺失。

即便社区支持吸引NEAR/Monad类建设者(他们提前数年实现并改进了以太坊路线图),也缺乏实现机制:既无资金库也无执行主体。因此最具野心的建设者被迫成为竞争对手——即便他们本不愿如此。

这对以太坊的伤害怎么强调都不为过。NEAR在以太坊未能时实现了分片等Eth2.0原始路线图,本可作为Eth2.0发布。如今Monad正重现这一幕——它已领先以太坊整整两代技术,本可作为Eth3.0。虽然NEAR/Monad的去中心化程度不及以太坊主网,但远超现有Rollup,支持更高吞吐量,是更优秀的扩容方案(后文详述)。想象以太坊若能跟上而非落后于这些项目,既有趣又悲哀——这深刻揭示了其经济与治理的问题。

需要澄清的是:当前仍有大量人才在为以太坊奋斗,我并非否定这点。以太坊在人才储备上仍占优,但需关注变化速率而非现状。其人才优势正在萎缩,我认为难以持续。仅靠惯性已不够。"以太坊研发"的光环确实存在(或存在过),但本文所述原因正使其逐渐暗淡。

在当前的生态状态下,人才仍是零和博弈——以太坊的流失就是竞品的收获。我目睹大量人才外流:许多能人已转投他处,留下者也多感沮丧正考虑离开。若想保持竞争力,以太坊必须彻底重构人才管道。如今人才为何要加入以太坊?当别处待遇更优时为何留下?

本文所述问题中,人才危机是我对以太坊未来最大的担忧。任何成功创始人都明白人才是项目命脉。区块链生态一旦出现人才流失便难逆转。以太坊目前仍是行业领袖,但正如我们屡见不鲜的——即便成功的区块链生态也可能突然衰落。以太坊应竭尽全力避免这种命运。

如果具备更成熟的治理体系和人才激励制度——即成功初创企业为保持竞争力所做的基本功——以太坊本可早就解决这个问题了。

2、用户体验割裂

在上篇文章里我简要提及了以太坊的可用性问题,特别是在其沉迷研究和追求意识形态纯洁性而忽视实用性的背景之下。虽然以太坊始终存在(且仍然存在)诸多可用性缺陷——密钥管理、最终确认时间、冷启动问题——但在我看来,最严重的问题莫过于复杂Rollup生态导致的割裂体验。

回想20年前的旅行体验:抵达异国后几乎寸步难行。手机无法使用(并非如今安装当地eSIM就能解决),因缺乏全球漫游标准,你需要在不同地区配备不同制式手机。信用卡失效且无感应支付,必须拿着旅行支票去本地银行兑换当地货币才能消费。当然也没有翻译软件或地图应用,所有事都需用原始低效方式完成。

这正是当前以太坊(若将整个Rollup生态视为整体)的交易体验写照。你需要管理分散在多个钱包的数十个账户,每个钱包都有独特的设计缺陷且均非易用之选。每条Rollup和L2链都有专属Gas代币,令人难以厘清。即便使用ETH作为Gas,相同地址在不同链间转移ETH也非易事。即使对专家而言,记住"哪个钱包的哪条链上有哪些应用的哪些账户"也令人抓狂且极易出错。

更糟的是跨链桥堪称灾难:不可靠、不安全、高手续费且耗时漫长(是否很像旅行支票?)。实际上多数人被迫使用Coinbase或Binance等中心化交易所作为事实跨链桥。这听起来既糟糕又中心化——但别忘了不仅跨链桥中心化,Rollup本身也由小型"安全委员会"(本质是好友团体)集中控制,他们能像交易所般随时关停链或审查交易。这完全违背加密货币的核心理念。

情况还在恶化。各链之间缺乏无缝传输数据/资产的途径,导致流动性极度割裂。若要设计可用的可扩展系统,最愚蠢的做法莫过于在每个分片部署完全相同却无法互通的应用程序——而这正是以太坊现状:Aave和Uniswap等项目被部署在数十条链上,流动性、用户和数据被割裂得支离破碎。这种体验根本不可能吸引新用户入场。

这种局面本可避免。我们总把这些用户体验问题视为理所当然,总把抱怨者当作"不懂区块链原理的笨蛋"打发掉——这种傲慢是错误的,因为责任在我们。这些问题既非必然也非绝症,而是我们主动选择的设计决策。我们本可以不走这条路,现在也仍有转圜余地。

以太坊选择这条歧路有自己的原因:用懒惰方式扩展基础层。早在2017年就已明确,以太坊基础层永远无法满足交易需求。原计划是将基础层分片为数十/数百个相同分片,使账户交易能异步跨分片进行。NEAR完善的分片设计已验证这种方案的可行性——绝大多数复杂性可对用户甚至开发者隐藏,用户根本无需知晓账户所在分片。分片绝非新概念,所有成熟可扩展系统(包括Web服务器和数据库)早已采用类似方案多年。

但以太坊选择了懒惰方案:仅执行Eth2.0路线图前两个阶段就放弃分片,转而让他人通过部署异构L2链(Rollup)自行扩展。这就是"以太坊之道":选择最开放去中心化(即最不需集中协调或愿景规划)的方案,其余交给市场。

几年后市场给出了答案:涌现出数十上百个竞争链和标准,几乎每天都有新项目诞生。被割裂的不只是用户、应用和流动性,还有社区注意力。大量知名L2项目争夺关注度而非共建统一愿景,缺乏全局互操作标准导致前文所述的UX灾难。以太坊基金会和路线图制定者本应设立基本规则标准,却未能履职。

以太坊拥护者常批评Solana等高吞吐链,称唯有模块化(而非盲目提升单节点吞吐量)才能实现扩展。他们说得对,但现有方案绝非正解。

以太坊社区刚开始意识到问题严重性,但多数人仍在逃避现实。当我指出乱象时,最常听到的回应是:"别担心,某互操作性项目即将问世并彻底解决问题。"这种承诺我已听了多年,却未见任何可信项目能实质性改善UX(而非引入更复杂的中心化风险)。我见过太多失败尝试,深知问题根植于更底层。除非抛弃当前错误的扩展模型转向更合理设计,否则以太坊将丧失竞争力。

目前最佳的互操作方案是NEAR的Intents系统,允许通过单一账户控制多链资产。待其成熟后,或能通过自动调节流动性缓解割裂问题。但Intents旨在实现比特币-以太坊-Solana-NEAR等异质生态互操作,无法单独修复EVM生态的内部问题。

唯一合理出路是回归分片理念。这个想法正随着"原生基础Rollup"(本质类似分片)等提案逐渐兴起。我不确定以太坊生态能否协调出真正解决方案(这需要强有力领导力和深度变革),但绝对值得尝试。

3、治理问题

前文已提及以太坊基金会(EF)的部分运作失调现象,至少是我几年前亲历的状况。虽然不清楚基金会的当前情况,但我不断从朋友熟人处听闻类似的混乱故事。

上述问题实为更深层顽疾的表征。当一个组织无法留住人才、无法公平补偿贡献者、且错误人选被提拔至权力岗位时,这预示着系统性病症。对以太坊基金会而言,核心症结之一在于治理结构。正如Vitalik近期承认的,他始终实质掌控着基金会——尽管基金会设有三名董事会成员,但Vitalik拥有三票表决权,形成事实上的独裁控制。若此情况有变,也未见公开声明。

基金会的根本问题在于缺乏问责机制。Vitalik无需对董事会负责,又因非营利性质,不存在可介入纠错的股东(即便情况已如此糟糕)。与传统非营利机构不同,基金会及其董事会甚至无需对捐赠者负责。Vitalik固然是卓越的技术领袖,但问题不在于个人能力——任何缺乏透明度和问责制的组织都注定失灵。

在这种缺乏监督的环境下,权力往往流向野心家手中,这正是我在以太坊基金会亲眼所见的。这种状况对任何组织都属灾难,对于身处"构建公平透明人类系统"的加密生态核心的以太坊基金会更是双重讽刺。这种虚伪正是我离开以太坊的主要原因——它令我夜不能寐。

以太坊基金会初创时期曾有过强势领导者Ming Chan,但她作风强硬树敌众多。最终Vitalik等决策者因难以掌控她而终止合作。我在职期间,目睹多位独立敢言的负责人因此类原因遭解雇。

继任执行董事Aya与Ming截然相反:过去七年力求维稳,但绝非变革者。面对激烈批评,基金会近期才仓促推行双执行董事制,任命Tomasz Stańczak与Hsiao-wei Wang联合领导。尽管二人品行端正且怀有改革诚意,但我怀疑这种架构能否带来实质改变:Hsiao-wei本是研究者而非官僚机构领导者(这正是基金会陷入现状的主因);Tomasz若有充分授权或能推动改革,但直觉告诉我他难以获得实施艰难变革的许可。以太坊基金会很可能继续蹒跚前行,长久成为以太坊生态的负面标杆。

这本可避免。以太坊基金会成立之初的计划是在生态成熟后解散——多位基金会创立参与者向我证实,它本应只是短期助推器。基金会在早期确实关键,但如今它更像是阻碍而非催化剂。解散基金会将为更多团队创造承担责任的空间。

你或许疑惑:为何不绕过基金会推进事务?事实上已有数十个资金充沛的组织在独立推动以太坊研发和社区建设。但问题在于:基金会尽管缺陷明显,其庞大的资源和权威仍使其在路线图制定上难以被挑战;同时这些组织多为营利公司,各自为政的愿景恰是生态割裂的根源。以太坊这类公共物品项目至少需要类似Linux基金会、W3C等具备公信力的中立协调实体来制定标准——这些组织虽不完美,但至少设有问责机制。

若以太坊生态欲重振雄风,必须开始探索绕开以太坊基金会的协作路径。近年来以太坊的发展成就源于基层努力,而非基金会的领导。Etherealize等新兴组织的出现标志着这种尝试的萌芽,但恐怕为时已晚。问题的复杂性在于:以太坊社区始终未能就基金会问题展开诚实讨论,这种沉默本身已昭示着更深层的危机。除非发生改变,否则以太坊将持续挣扎前行。

(注:本文观点仅为作者个人观点)
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