FlowRida

According to BlockBeats, the cryptocurrency industry's focus on achieving high transactions per second (TPS) is criticized as a misleading pursuit that overlooks genuine user needs. Projects often exaggerate lab data to attract funding and attention, sacrificing decentralization, security, and practicality to solve problems that few care about. The article calls for a focus on meaningful blockchain applications built to scale according to actual use cases, rather than chasing impressive but hollow numbers.

New Layer 1 or Layer 2 projects frequently claim to handle tens of thousands of transactions per second, but these figures are often unrealistic. The competition for scalability has become an embarrassing contest in the crypto world, with each new protocol claiming higher TPS than the last, regardless of whether these speeds are achievable outside of controlled environments like AWS testnets or relevant to real-world applications.

Visa, a global payment giant, processes about 1,700 transactions per second on average, with a theoretical maximum of 24,000 TPS, a capacity it has never needed in decades of operation. In contrast, most blockchain projects struggle to attract even 100 daily active users. If a project's Discord emojis outnumber its on-chain transactions, it may be addressing an imaginary problem.

The obsession with theoretical throughput has hidden costs. It often leads to disguised centralization, sacrificing decentralization for marketing numbers. Security is compromised as shortcuts are taken in the rush to scale, creating vulnerabilities. Talented engineers are diverted from building what users truly need to optimizing synthetic benchmarks. Moreover, the lab numbers touted in marketing often crumble under real-world conditions.

This fixation on extreme scalability is driven by the need to justify massive funding and stand out in a crowded market of over 5,000 blockchains. User needs are an afterthought, with the real goal being to convince retail investors of a project's ultimate solution status, while venture capitalists amplify the TPS narrative.

For those genuinely building in this space, the article advises focusing on what only blockchain can achieve, designing economic models that don't rely on constant new user acquisition, creating user-friendly interfaces, and scaling according to actual use cases rather than for impressive presentations.

When a project boasts about handling hundreds of thousands of TPS, it's crucial to ask what these transactions are doing, who is generating them, and for what purpose. True innovation lies not in theoretical performance but in building what people genuinely need, scaled appropriately to demand. Anything else is merely expensive performance art disguised as technology.

According to PANews, U.S. Treasury Secretary Scott Besant is reportedly contemplating resignation due to dissatisfaction with the Trump administration's tariff policies. MSNBC host Stephanie Ruhle revealed on April 4 that Besant is frustrated with what he perceives as the administration's 'absurd' tariff calculations. During the 'Morning Joe' television program, Ruhle stated, 'My sources indicate that Besant behaves differently within the Trump administration. In terms of Trump's inner circle, Trump is neither close to Besant nor receptive to his advice.' Ruhle further mentioned, 'I've been told that he is seeking an exit strategy, possibly aiming for a position at the Federal Reserve. Over the past few days, he has been damaging his credibility and career in the market.' Besant has not yet commented on these reports.

This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance values community input and recognizes it as a key driving force in the course of our development. We recently introduced two community co-governance listing mechanisms, Vote to List and Vote to Delist, as part of our efforts to enhance our spot listing governance and give the community a greater voice.
We now invite users to participate and vote on the 2nd batch of Vote to List projects under the official post (the page will be available within 1 hour after this announcement) on Binance Square Official.
Users can check the factors to determine the Vote to List pool in the First Batch Vote to List Campaign.
We are now opening Vote to List for the following projects, from which tokens will be selected for spot listing on Binance after completing our official due diligence and procedures.
SectorNameTickerChainIntroductionSmart Contract/ NetworkAIVirtuals ProtocolVIRTUALBase, ETHVirtuals Protocol is an AI protocol that creates co-owned, human-curated, plug-and-play gaming AIshttps://basescan.org/token/0x0b3e328455c4059eeb9e3f84b5543f74e24e7e1bhttps://etherscan.io/token/0x44ff8620b8ca30902395a7bd3f2407e1a091bf73Consumer-Facing ApplicationBig TimeBIGTIMEETHBig Time is a free-to-play multiplayer RPGhttps://etherscan.io/token/0x64bc2ca1be492be7185faa2c8835d9b824c8a194Consumer-Facing ApplicationUXLINKUXLINKArbitrumUXLINK is a web3 social platform and infrastructure for users and developers to discover, distribute, and trade crypto assets in a unique social and group-based mannerhttps://arbiscan.io/token/0x1a6b3a62391eccaaa992ade44cd4afe6bec8cff1DeFiMorphoMORPHOETH, BaseMorpho is the a secure, efficient, and flexible lending platformhttps://etherscan.io/token/0x58D97B57BB95320F9a05dC918Aef65434969c2B2https://basescan.org/token/0xbaa5cc21fd487b8fcc2f632f3f4e8d37262a0842DePINGrassGRASSSolanaGrass is a network that allows users to earn rewards for sharing unused internet bandwidth with the Grass networkhttps://solscan.io/token/Grass7B4RdKfBCjTKgSqnXkqjwiGvQyFbuSCUJr3XXjsDePINAethirATHETH, Solana, ArbitrumAethir is building decentralised cloud compute infrastructurehttps://etherscan.io/token/0xbe0ed4138121ecfc5c0e56b40517da27e6c5226bhttps://arbiscan.io/token/0xc87b37a581ec3257b734886d9d3a581f5a9d056chttps://solscan.io/token/Dm5BxyMetG3Aq5PaG1BrG7rBYqEMtnkjvPNMExfacVk7Infra AdoptionWalrusWALSuiA decentralized storage and data availability protocolhttps://suiscan.xyz/mainnet/coin/0x356a26eb9e012a68958082340d4c4116e7f55615cf27affcff209cf0ae544f59::wal::WAL/txsInfra AdoptionSafeSAFEGnosis Chain, ETHSafe is an account abstraction leader on Ethereum and the EVM with secure smart wallet infrastructure and platformhttps://gnosisscan.io/token/0x4d18815d14fe5c3304e87b3fa18318baa5c23820https://etherscan.io/token/0x5afe3855358e112b5647b952709e6165e1c1eeeeInfra AdoptionZetaChainZETAETH, BNBZetaChain is a public, decentralized blockchain and smart contract platform that enables message passing and value transfer between any blockchain.https://etherscan.io/token/0xf091867ec603a6628ed83d274e835539d82e9cc8https://bscscan.com/token/0x0000028a2eb8346cd5c0267856ab7594b7a55308Layer 1StoryIPStoryStory Network is a purpose-built layer 1 blockchain optimized for handling complex data structures fast and cost-efficienthttps://www.storyscan.io/RWAOndoONDOETHOndo Finance is a decentralized investment banking protocol consisting of on-chain financial productshttps://etherscan.io/token/0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3RWAPlumePLUMEETHPlume Network is a full-stack L1 RWA Chain and ecosystem purpose-built for RWAfihttps://etherscan.io/token/0x4C1746A800D224393fE2470C70A35717eD4eA5F1
* Please note that all projects included in Vote to List above are featured on Binance Alpha already (except some new blockchains not supported by Alpha). The introduction of Vote to List does not change the existing due diligence review process, which is mandatory for all tokens featured on Binance Alpha to get listed on Binance Spot. Binance continuously monitors the performance and quality of assets on Binance Alpha.
Additionally, we will prioritize the following during our final assessment:
​Trading demand, especially showcased by trading volume on Binance Futures market and on Binance AlphaCommunity voting campaign results (organic votes after excluding spam activities; details below)​Historical token performanceFundamental analysisCompliance checkRisk assessment
How to Vote:
The voting period will begin within 1 hour of publishing this announcement from 2025-04-02 13:30 (UTC) to 2025-04-09 23:59 (UTC) (the “Voting Period”).Users must be logged in to their verified Binance accounts and hold a minimum of at least 0.01 BNB in their master accounts throughout the Voting Period for their votes to be eligible.Each user can vote for up to 5 projects, with the option to vote for fewer if desired.Each verified account can only allocate one vote for one project.All votes should comply with the Vote to List Terms and Conditions (the “Terms and Condition”). Non-eligible votes and votes that violated the Terms and Conditions will be eliminated at the end of the Voting Period. We will announce the final valid voting numbers after the Voting Period ends.Only votes cast under the official post on Binance Square Official will be considered and counted.Results will be updated in real-time on the Binance Square Official channel. However, these results are not final. The voting result will not determine the final spot listing decision, which is subject to comprehensive due diligence. Additionally, the listing timeline will depend on Binance's listing procedures.Tokens that were not selected for spot listing this round may still have the opportunity to participate in future Vote to List pools, depending on their continuous performance and quality.
Voting Period: 2025-04-02 13:30 (UTC) to 2025-04-09 23:59 (UTC)
Vote Now
Disclaimer: While we value and will take into consideration the vote results, they are for reference only and do not determine any decision or action Binance may or may not take. Monitoring of the project is still undergoing evaluation, and the decision will be determined by Binance based on our official review processes and standards.
Vote to List Terms and Conditions:
Vote to List may not be available in your region. Participation is subject to eligibility based on the user's country or region of residence.Illegally bulk-registered accounts or sub-accounts are not eligible to participate and will be removed at the end of the vote. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the terms.Binance reserves the right, at any time in its sole and absolute discretion, to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this activity, the eligibility terms and criteria, the selection, and the timing of any act to be done. All participants shall be bound by these amendments.Binance reserves the right to disqualify any participants who tamper with Binance program code or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this announcement and the activities described in this announcement.Additional terms and conditions for Vote to List can be accessed here.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-04-02
Note: This announcement was updated on 2025-04-03 to clarify the Voting Period is 2025-04-02 13:30 (UTC) to 2025-04-09 23:59 (UTC).