链上格格巫

The article was halfway written,
Suddenly received a reward of @币安广场 1bnb from the top brother🫡

Calm down and keep creating✊ It will really be noticed👀
Living in the square has never been just talk!
keep building～♥️

As usual, I invested it in $BNB

Today selected is $OWL
30k trading volume, 15 minutes
Loss of 1.2 dollars
For everyone's reference😇😇

timi does not have 4 times the points now

$XPL While you are all asleep
嘎嘎拉盘🤔🤔🤔

#dusk $DUSK The Cost of Consensus——Is SBA Really the Optimal Solution for Finance?

When the market discusses Dusk's SBA consensus, it often emphasizes its determinism, finality, and anti-censorship lottery. This is true, but I think we may overlook another dimension: the 'cognitive tax' and 'node cost' brought about by this complex consensus.

Deterministic finality is indeed a necessity for institutions; no one wants to wait for 6 blocks to confirm a bond transaction. SBA enhances security by hiding validators through VRF cryptographic lottery. However, implementing this logic requires nodes to run a large number of zero-knowledge proofs and cryptographic calculations, which directly raises the hardware threshold and electricity costs for running nodes.

What does high node cost lead to? It is likely to result in a reduction in the number of nodes and a subtle increase in centralization. Only financially strong institutions can afford to play this game. This creates a subtle paradox: a chain aimed at serving institutions may increasingly depend on a few large institutional nodes for its security. Is this really the decentralized financial infrastructure we want?

I found an interesting data comparison: the node distribution during the Dusk testnet phase was relatively decentralized, but after the mainnet launch, although the total number of nodes is increasing, the proportion of staking weight controlled by the top 10 nodes is quietly rising. This may not be a design flaw, but it is definitely a natural result of architectural choices. When you tailor a set of armor for finance, it may end up being so heavy that only giants can wear it.

Therefore, SBA may not be the answer for general public chains, but it might be a necessary trade-off for the vertical field of finance at this stage—exchanging a certain degree of 'decentralization dilution' for the essential security and certainty tickets needed for institutional entry. Whether the cost is worth it depends on the future scale of truly settled financial assets on-chain, and whether it can nourish and support a more decentralized node ecosystem. @Dusk

#vanar $VANRY When "AI-native" narratives collide with the reality of "payment giants"

I found that Vanar Chain has recently broadened its story, upgrading from a "gaming chain" to the "world's first AI-native Layer 1." The core of the story is to allow AI agents to think, store, and pay directly on the chain. This concept is very cool, but I am more interested in a seemingly inconspicuous yet potentially crucial role within this story: Worldpay.

First, let’s take a look at 👀 what Worldpay is? It is one of the largest payment processors in the world, handling over 40 billion transactions each year. Vanar announced a partnership with it, aiming to enable AI agents to make payments directly using credit cards or bank accounts via Worldpay's channel.

This is interesting. It means that the future envisioned by Vanar is not just a closed loop of AI and blockchain, but an attempt to allow AI to seamlessly tap into the most mainstream financial pipelines in the real world. Imagine an AI assistant that helps you manage your finances, capable of not only operating your crypto wallet but also directly paying your utility bills, with funds coming from your designated bank account.

But there is a huge "if" here. If this scenario holds, where does the VANRY token fit in? The payment process is AI-blockchain-Worldpay-traditional banks, and VANRY may only be consumed as a tiny gas fee on the chain. The vast majority of value is embedded in the traditional financial system, rather than in blockchain-native assets.

In my view, the collaboration with Worldpay is a double-edged sword. It greatly enhances the credibility and landing potential of the narrative, but it also sharply raises a new question about token value capture: in the grand vision of connecting to the traditional world, how can we ensure that the native token does not merely become a "toll fee," but instead becomes an indispensable "value hub"? @Vanarchain

#plasma $XPL 逆市思考：XPL暴跌90%后，价值逻辑变了吗？

The market has dropped 90%, and the market sentiment has clearly cooled to freezing point. Back then, I relied on it to earn my living 🎊 Now, most people only have the option to cut losses and exit. However, in this market, consensus often means the end of opportunities.

I carefully reviewed XPL's fundamentals and discovered an counterintuitive fact: the price has collapsed, but the core components remain intact.

Paymaster-supported zero Gas transfers are not a future concept, but a reality that is already running. Think about it, for merchants at the level of 150 million, what they need is a stable and usable payment channel, not a fluctuating K-line chart. This fundamental base has not broken.

What's even harder is its BTC anchoring security. In a world full of self-proclaimed secure public chains, it's an outlier. It does not engage in redundant construction but directly throws the trust anchor to Bitcoin, the oldest rock. This logic of “credit grafting” is smart and extremely cost-effective.

Now look at that 11 billion TVL. Smart money, especially income-generating assets like SyrupUSDT, is the most realistic. They are here not for sentiment, but because the yields and infrastructure here still have their irreplaceable economic value.

When the price drops by 90%, what it is priced at is no longer future growth but purely fear and a liquidity crisis. All the pessimistic stories you can think of may have already been factored into this price. When the bubble is burst, it can be painful, but it is often also the cleanest moment for assets.

The question arises: when the market is pricing the same tragic narrative, do you believe that the core narrative that distinguishes XPL from hundreds of other chains has completely failed?

In the crypto world, the biggest risk is not volatility, but giving up independent thinking in extreme emotions. When everyone is fleeing, the path less traveled may be the way to survival. @Plasma

#walrus $WAL From Data Islands to Collaborative Networks: Looking at Walrus's Early Experiments in the DeSci Field

I used to think that decentralized science (DeSci) was a cool but somewhat distant concept. Until I recently delved into an early project involving multinational cancer research that utilized Walrus for collaboration. They faced a classic dilemma: the desensitized medical imaging data (such as MRI scans) from multiple hospitals could not be centralized to a single server for joint AI analysis due to privacy and compliance issues, creating 'data islands.'

Their solution is quite interesting, as each participant uploads encrypted raw data to Walrus, and the data itself is not shared. However, utilizing the prototype of the verifiable computing framework provided by Walrus, they can collaboratively train an AI model. In simple terms, the model 'moves' to each data storage node for local training, only aggregating the updates of encrypted model parameters, with the original data never leaving the local environment. Walrus plays two roles here: first, as a trusted and neutral encrypted data repository; second, providing an audit trail for data rights and access.

This case showed me that the value of Walrus goes far beyond 'storing files.' In areas requiring high trust and collaboration, it offers a foundational layer for data collaboration based on cryptography rather than legal texts. Researchers contributing data can receive verifiable contribution certificates, which may allow them to participate in distributions if patents or commercial results arise in the future. This could potentially change the previous situation where data contributors struggled to establish rights and benefits. Although this model is still in its early stages, it has opened a new avenue for fields like biomedicine and climate science that require large-scale data collaboration. The future of science lies in open collaboration, and true collaboration begins with mutual respect for data sovereignty. @Walrus 🦭/acc

Brothers, the new #tge has arrived
$ZAMA

It's better to enjoy together than alone
Prepared a big red envelope for everyone🧧🧧
First come, first served, while supplies last, share all～

Thank you all for your support of Gege along the way,
Every interaction from you is encouragement for me^_^

I will continue writing articles, keep building🫡

The full screen of green,
truly delightful😁
Continue writing the article to $BNB

#vanar $VANRY From the perspective of data discontinuity, VANRY's awkward situation

As I review VANRY's on-chain data from the past year, a strong sense of disconnection hits me.

In the official promotions, you will see flashy numbers like "70% ecological growth" and "over 100 DApps." However, when I actually look at some core market indicators, what I see is quite another scene: a market cap struggling around 16 million dollars, with 24-hour trading volumes often only in the tens of thousands of dollars, and the price curve resembles a weary horizontal line, hovering around 0.008 dollars.

This makes me ponder a question: why has the "data" of ecological growth not translated into a "value" recognized by the market?

Let me give an example. Suppose a DApp is very active on the VANRY chain, with 10,000 daily active users, this would be counted in that beautiful "growth data." But if the economic cycle within this DApp primarily uses stablecoins, or if the network fees it generates are minimal, then its demand pull on the VANRY token itself is almost zero. It's like a shopping mall reporting a surge in foot traffic, but most customers are just there to enjoy the air conditioning without spending, so the mall's rent (analogous to token value) naturally cannot go up.

Currently, VANRY feels to me like constructing a very advanced infrastructure, but the main road has very few cars running on it. The technical reports on road construction (technical upgrades) are impressive, and the planned service areas (partners) are also very high-end, but the current toll revenue (token demand) is insufficient to cover costs. This kind of data discontinuity may be the most intuitive footnote to its price being "in limbo."

In the crypto world, what measures value is never how grand the blueprint is, but whether the economic cycle on the chain truly needs your token as its lifeblood. @Vanarchain

不得不说，这家伙挺会的…🙄🙄
$TIMI

Thank you to the big brother on the leaderboard for the late-night surprise, keep building 😇😇😇