What impact does the sharp decline of gold and silver have on the market?
Have you sold the gold you bought? I feel like 5500 is the peak!!!
The 'extreme experience' metric for stablecoin payments: How should Plasma be quantified?
When discussing payment experiences, the greatest fear is being left with adjectives like 'very fast' and 'very cheap.' The truly professional approach is to quantify the experience into several verifiable metrics, which I call the 'extreme experience toolkit.' The first is confirmation time: on average, how long does it take from when you hit confirm to when the other party can use it, and how much does it fluctuate; payment scenarios care more about stability rather than occasional speed. The second is the failure rate: the ratio of submission failures, long pending times, and final reverts; this metric determines whether users dare to reuse. The third is the number of steps: how many steps does a user need to complete a transfer, do they need to prepare native coins first, do they have to switch networks manually; the more steps there are, the harder growth becomes. The fourth is the cost experience: it's not just about how much the on-chain fees are, but also what you must prepare additionally for the transfer, whether there are any 'hidden costs.' The fifth is traceability and interpretability: is the transaction status clear, can reasons and remedy paths be provided for failures, and the more it resembles human language, the easier it is to retain.
By quantifying Plasma with this toolkit, you can write with more weight: Is confirmation more stable today? Has the failure rate decreased? Has the novice path shortened? When subsidies change, does the experience revert? If these metrics can continuously improve within a month, then that is evidence that 'the payment chain is getting stronger'; if it only relies on promotion while the metrics do not move, then caution should be exercised. In the next article, I will discuss from an application perspective: what are the 6 types of products that are most suitable to run first on Plasma?