W-BEN

I've been working on the comparative testing of data availability layers these past few days, and I conveniently migrated a few large JSON files that were previously running on Arweave to the Walrus testnet. To be honest, the narrative of 'permanent storage' emphasized by Arweave often turns out to be a false proposition when it comes to practical engineering, especially for dynamic NFT metadata that requires frequent updates; the one-time buyout cost model has become a burden instead. After running the Walrus CLI tool, the biggest difference I felt is that its handling of Blob data is more like Web2's S3, rather than that kind of monster that sacrifices efficiency for decentralization.

Last night, I stayed up all night testing the recovery ability of Erasure Coding when nodes drop out. I deliberately disconnected two storage nodes in the local environment, and the delay in data reconstruction was almost negligible. This is much lighter than Filecoin's complex sector packaging and proof mechanism, and Filecoin's retrieval market has yet to run smoothly; retrieving data is as slow as dial-up internet. The approach of Walrus, which decouples storage and computation, clearly aligns better with the current expansion pace of the Move ecosystem.

However, there are some parts of the testnet documentation that are quite obscure, and the parameter configurations didn't align, so I had to go to Discord to review the chat records to get it running. At this stage, it doesn't seem like it aims to overthrow Arweave but rather fills the vacuum between high-performance, temporary, and low-cost storage. This pragmatic engineering orientation is, in fact, more grounded than those projects that tout 'the eternal preservation of human knowledge.'
@Walrus 🦭/acc $WAL
#Walrus

Today, I became a plaza counterfeit fighter 😂

Stop wasting your attention on those air projects that are nothing but hype; the underlying logic of the entire crypto market is undergoing a nuclear fusion that you can't see at all. While you are still excited about the meager gains of the shitcoins on Uniswap, the real sharks have long locked their sights on compliance privacy, the only entrance ticket.

You must clearly understand that there is a fatal logical flaw in the current public chain architecture: a completely transparent ledger is equivalent to total exposure for institutions. No top Wall Street investment bank would allow its holding data to be casually peeked at by those utterly boring retail investors on-chain. Ethereum can't do this, and Solana certainly can't. Only Dusk Network sees through this grand game. It's not just doing simple anonymous transfers; it has built a zero-knowledge proof system that perfectly complies with regulatory requirements through the Piecrust virtual institution.

What does this mean? It means Dusk is laying down the only legal tracks for trillion-level traditional financial assets to enter the market. The terrifying aspect of Piecrust technology is that it achieves memory-level zero-knowledge isolation, allowing transactions to be quickly verified off-chain, leaving only immutable mathematical proofs on-chain. This satisfies the anti-money laundering regulatory red line while firmly protecting the bottom line of commercial secrets. This is the true necessary condition for large-scale adoption of Web3, not those ethereal TPS numbers.

When the regulatory hammer finally falls, those public chains that are still boasting about decentralization but cannot solve compliance pain points will go to zero overnight. By then, only Dusk will become the sole bridge connecting the real financial world with the crypto world. The current price is nothing but dust on the floor compared to its future value; unfortunately, the vast majority will only understand this logic when the bull market ends, and then stand on the mountain top enjoying the breeze.
$DUSK
#Dusk
@Dusk

I finally admit that XPL is just a perfect scam

Look at the green Optimus Prime on the left, the peak accurately stops at 1.6930. That week, I remember the group was like celebrating the New Year, everyone was shouting 'starry sea', everyone was shouting 'punching Ethereum, kicking Solana'. That bullish candle was like an overdose of adrenaline, directly injected into the arteries of us retail investors. We thought it was the runway for takeoff, but little did we know it was the conveyor belt leading to the crematorium.

Please carefully look at the trading volume at the bottom. The red volume bars for that week were larger than the volume of previous purchases. What does this mean? In trading psychology, this is called 'devastating sell-off'. This means that while the price was still high, the market makers, VCs, and those team members who talked a lot about 'empowerment' had already recklessly dumped their chips to the fools who picked up at this position—namely, me and you in front of the screen.

Now look at this long string of movements on the right that resemble an electrocardiogram stopping. From 1.69 to the current 0.1000, a drop of nearly 95%. Was there a rebound in between? No. Was there any decent volume? No. The yellow moving average is like a heavy tombstone, firmly pressing down on the price, and every slight lift is ruthlessly slapped back to the floor. This can't even be called 'oscillating downwards'; it's called 'the process of decomposing a corpse'.

The most ironic part of this chart is its asymmetry. The rise only took a week, the crash took only a week, then it tortured your nerves with a long-term downward trend over the remaining months. This is called 'a dull knife cutting flesh'. They don't let you go to zero directly but instead drop a little each day, allowing you to hold onto a glimmer of hope in despair, ultimately exhausting all your time and opportunity costs in endless waiting.
This is the true face of XPL. It doesn’t require complex on-chain data analysis, nor does it need to listen to those so-called analysts ramble nonsensically. This chart is the evidence presented in court. It clearly states three big words: scam.

Admit it, what we bought is not the so-called 'Layer 2 innovation', but rather a ticket to the project team's young models. This needle that went from 1.69 to 0.1 not only pierced the account balance but also our ridiculous fantasies of getting rich.
@Plasma $XPL
#plasma

The recent series of actions by Vanar Chain has shown me what a public blockchain should look like, not just speculating on token prices, but truly landing in business. Currently, the price of the VANRY token is around $0.0101. Although it hasn't broken through the resistance level of $0.0115, their move to fully transition the AI infrastructure myNeutron and Kayon to a subscription model is a risky but highly forward-looking strategy. I am tired of projects that only promise big things in white papers; Vanar directly requires developers and users to pay with VANRY to use advanced AI tools, which is the true value capture.
Compared to those L1 public chains that still rely on inflation to maintain their ecosystem, Vanar's logic of 'buying services with real money' is more like a mature SaaS company. Although it may discourage some speculative users used to 'riding the wave' in the short term, the ones that remain are truly developers with genuine needs. When I tried their AI stack, I found that while the experience of data compression and real-time querying is indeed superior to traditional chains, there is still room for improvement in the smoothness of cross-chain payments. The current price is below the 20-day and 50-day moving averages, technically appearing to be under pressure, but this is precisely a good time for long-term holders to get involved. If the market can understand this paradigm shift from 'speculation' to 'payment,' the current price is absolutely undervalued.
$BTC

Watching Bitcoin languish around $88,310 while gold is pushing towards $5,100 is indeed a dull contrast. However, I have read different signals from on-chain data, and this low volatility often serves as a breeding ground for significant market movements. While many complain that Bitcoin has underperformed gold, even being overshadowed by silver, you must understand that Bitcoin is currently undergoing the final leap from a 'speculative asset' to a 'sovereign-level asset'.
I have noticed that recent market sentiment is very divided; on one hand, there's a crazy chase for altcoins, while on the other hand, there's indifference towards Bitcoin. This market structure is very dangerous; once Bitcoin starts to gain momentum, those soaring altcoins will drop faster than anyone else. The current $88,000 is not a peak, but rather the cost line for institutional accumulation. I do not recommend making swing trades at this position, as once the psychological barrier of $90,000 is broken, the cost of missing out will be immeasurable. Compared to gold's rise driven by geopolitical factors, Bitcoin's rising logic is purer, rooted in distrust of the fiat currency system. Stay patient; the current boredom is to accumulate strength for the forthcoming explosion.
$BTC

Recently ran some data on the test network and felt that the current storage track has really been skewed by established projects. Take Arweave for example, which focuses on permanent storage, it is indeed appealing, but the one-time buyout Endowment model actually suppresses the capital utilization rate, especially when you want to store large files that are not financially oriented, the cost directly deters you. I've been playing around with Walrus these days and found that their two-dimensional erasure code is indeed quite interesting; unlike Filecoin, which requires extremely expensive hardware for packaging proofs, it makes the data sharding step particularly lightweight.

In practice, I uploaded a video file of several hundred megabytes, and the speed was significantly faster than pinning on IPFS. The logic behind this is actually leveraging the high concurrency characteristics of the Sui network, specifically for handling large Blob data. But this doesn't mean it's perfect; I found that the error rate when using the CLI tool is not low, especially when the number of concurrent requests increases, the node response has noticeable delays, which is clearly a result of insufficient early code optimization. Compared to Celestia, Walrus clearly focuses more on scenarios where 'even non-transactional data must maintain high availability', rather than purely a data availability layer.

I think the most interesting point is how it handles the incentives for storage nodes. From the current version, it seems to want to exchange lower hardware thresholds for a broader node distribution, which is the right approach. If it can really reduce storage costs to the level of Web2 cloud services, that would be a real achievement. However, the documentation is truly difficult to describe; many parameters are explained ambiguously, causing me to debug half the night. I hope these issues can be resolved before the mainnet launch; after all, the storage track is not short of stories, but what it lacks is infrastructure that can not only store but also be cheap to retrieve.

At first, it's indeed easy to get confused with this thing, but once you understand its sharding logic, you will find that this may be the most suitable storage solution for high-frequency interactive DApps at the moment.
@Walrus 🦭/acc $WAL
#Walrus

I stared at the K-line chart for half a day, and Plasma's trend is simply like a patient with a straightened ECG. Compared to the bustling scene of the local dogs flying around in Solana next door, this place is so quiet that it's even a bit scary. But it is precisely this calm dead fish state that makes me smell a different flavor. The current market is too restless, with everyone engaging in PvP in the L2 red sea, rolling and dying for a few points of Gas, yet forgetting that the essence of Web3 payments is not how high the TPS is, but how poor the user experience is.

These past few days, I have been digging into their technical foundation, and the Paymaster mechanism is quite interesting, completely abstracting away the Gas fees. Just think about it, making ordinary people with MasterCard go to exchanges to buy some ETH for Gas to transfer is inherently anti-human logic. Plasma is now using Oobit and Rain Cards as a way in, clearly wanting to go down the compliant fiat channel, after all, the MiCA license is not just for show. Plus, by leveraging Bitcoin's security through Babylon, it addresses the security risks in the impossible triangle while maintaining EVM compatibility, making this hand play very stable.

Most retail investors are still fixated on the ups and downs of the last couple of days, cursing, yet they can't see the pipes that institutions are quietly laying. The payment track itself is just a dull infrastructure; it doesn't have the fast cash of a casino, but it is a necessity among necessities. The current downward trend feels more like cleaning out the weak chips, and when the real compliant payment tide rushes in, today's quietness will be tomorrow's moat. Those still in the market at that time will either be trapped fools or hunters who understand the endgame.
@Plasma $XPL
#plasma

Stop being obsessed with those utterly unskilled dog projects; the underlying narrative of the entire crypto market is undergoing a huge transformation, while you are still reveling in that pitiful volatility. While you are still debating which Layer 2 has a faster TPS, the real smart money has already seen through the endgame of public chains.

Today, let’s lay it all out and talk about what exactly Dusk Network is setting up.
Many people’s understanding of the privacy track is still stuck at a shallow level that serves the black market; this understanding is simply that of a frog at the bottom of a well. The truly frightening aspect of Dusk lies in its implementation of zero-knowledge-friendly memory isolation through the Piecrust virtual machine. This is not just a technical showcase; it is a dedicated channel laid out for Wall Street institutions to enter the market.

Think about it: why have traditional financial institutions hesitated to trade on a large scale through DeFi? Is it because Ethereum is too slow? Certainly not. It’s because under the existing public chain architecture, every order and every position they hold is exposed on-chain. No hedge fund would be foolish enough to reveal its bottom cards in front of the entire world. Dusk’s Phoenix trading model perfectly solves this problem, allowing complex calculations and verifications to be done off-chain, with only an extremely streamlined proof stored on-chain.

What does this mean? It means that future compliant RWA assets, institutional dark pool trading, and even central bank digital currency settlements will have to rely on an underlying architecture that can pass regulatory scrutiny while protecting commercial secrets. In contrast, those public chains that only know how to stack throughput but cannot solve the pain points of privacy compliance will be as fragile as a blank sheet of paper in the face of regulation.
This is a dimensionality reduction strike. When the regulatory dam falls, 99% of the so-called Web3 infrastructure on the market will be sent back to their original form due to compliance issues, while Dusk will be that lone Noah's Ark. If you think Dusk is just an ordinary privacy coin, then your understanding does not match its value. By the time the tide of compliance truly arrives, if you want to get on board, the tickets will have already been snatched up by institutions.

Continue to run naked in this dark forest full of MEV bots and hackers; by the time your assets are completely harvested, don’t say I didn’t give you a chance.
$DUSK
#Dusk
@Dusk

OpenAI is striving to reduce costs and increase efficiency, while the public chains of Web3 are still trying to find ways to charge tolls with Gas fees. This AI-added logic is simply counterproductive. After exploring several mainstream L2s that claim to be AI-compatible, I found that each interaction still requires a wallet confirmation, which creates a disjointed feeling and directly drags down user experience.

When I turned to test Vanar Chain, my first reaction was that it doesn't feel like a blockchain. This is a compliment. Its interaction logic, featuring zero Gas or extremely low wear, clearly understands Web2 developers. For us working on AI applications, the most frustrating thing is having to rewrite the entire backend logic just to go on-chain. Vanar feels more like a well-designed API interface in this decentralized world, especially with its compatibility with traditional tech stacks, allowing me to run processes without having to learn those obscure new features of Solidity.

Comparing it to Arbitrum or Optimism, although they reduce costs through Rollup, they are essentially just scaling up Ethereum's old ledger and are not designed for high-frequency AI data streams. When your agent needs to process dozens of microtransactions per second, the latency and occasional congestion of Layer 2 can make one want to smash the keyboard. Vanar indeed excels in smoothness at this level; it thoroughly encapsulates the calls for computing power and storage.

Of course, it's not without its drawbacks. The current browser interface is still a bit rudimentary; sometimes it takes several redirects just to check a more complex transaction hash. Moreover, despite claiming to have many ecological partners, there are still relatively few high-frequency applications that can actually run, making it feel like a racetrack with a top-notch runway, yet mostly filled with old scooters, which is a bit of a waste of performance.
The so-called AI-first doesn't mean simply issuing a coin called AI coin on-chain, but rather that the infrastructure should exist as seamlessly as air, allowing developers not to feel the constraints of the chain. The current market is too superficial, all focused on hype, yet no one is willing to settle down and refine this imperceptible access experience. If Vanar can maintain this 'pain-free' approach, even if the current coin price hasn't skyrocketed, I am willing to give it a bit more patience.
@Vanarchain $VANRY
#Vanar

This weekend I spent two days running through the Walrus testnet nodes. To be honest, the experience was better than expected, but there were also some points to criticize. Previously, when working on decentralized storage projects, the most frustrating part was the premium for permanent storage like Arweave, which is completely overkill for most non-financial Blob data. Walrus is taking a different approach; it is working on a storage solution based on erasure coding within the Sui ecosystem, clearly aiming for "high-frequency interactions".

I tested uploading a few hundred megabytes of video files, and Walrus's response speed is surprisingly fast, almost like Web2's S3, which is much better than Filecoin. The retrieval market for Filecoin has not yet fully worked, and retrieving data is so slow that it makes you want to smash your keyboard; it can basically only be used for cold storage. However, the current architectural design of Walrus clearly aims to capture the NFT metadata and DApp frontend hosting cake. However, during the testing process, I also discovered a bug; the CLI command-line tool sometimes reports inexplicable connection errors, and it takes a few retries to work, probably due to node synchronization issues.

From a technical perspective, it utilizes Sui's consensus mechanism to manage storage metadata, which is a clever approach that avoids the pitfall of creating a bulky public chain. Compared to solutions like EthStorage that completely rely on Ethereum L1 security, Walrus's cost control is more flexible. However, the documentation at this stage is too brief, and many parameters need to be checked in the source code to understand. If the mainnet can maintain this throughput, it can indeed solve the current pain point of slow loading of on-chain media resources. This kind of "lightweight" storage narrative is much more pragmatic than those projects that frequently talk about the "human civilization database".
@Walrus 🦭/acc $WAL
#Walrus

Last night, I spent the entire night staring at the operation logs of the Rusk virtual machine, and my biggest impression is that this development team is completely writing code with the standards of building nuclear weapons. Most privacy public chains on the market are eager to slap the word 'anonymous' on their foreheads to attract those gray market flows. But if you dig deep into the commit records on GitHub, you'll find that Dusk has spent a significant amount of computing power costs on the generation logic of compliance proofs. This may seem like surrenderism to many extreme decentralization advocates, but in my view, it's precisely its most cunning aspect. I attempted to reproduce the consensus process of the Blind Bid in a local environment. The interaction experience of being able to confirm block production in milliseconds without exposing node identity and staking amount is indeed a bit magical. In contrast to the simple and crude privacy logic that purely relies on mixers, Dusk's technical granularity is clearly much finer. It actually solves an ultimate paradox that has long troubled the RWA track: how to prove that you are wearing pants without letting regulatory agencies see your underwear. The cost of this architecture is also quite evident. The computational pressure of zero-knowledge proofs has raised the hardware threshold for nodes by more than an order of magnitude, making it basically a pipe dream for ordinary retail investors to run a node on their old home computers. Moreover, to be honest, the current wallet interaction experience is really discouraging, filled with that kind of arrogant logic from engineers, completely ignoring the feelings of novice users. However, it is precisely because of this inhumanly high threshold that it filters out the vast majority of speculators who just want to make quick money. The current market is too restless, with funds chasing after those dazzling yet fleeting memes like fireworks, while no one is willing to crouch down to lay out the pipeline that can truly bring Wall Street funds in. Dusk is like a weirdo repairing a monastery in the bustling city, not catering to the current liquidity because it is betting on the next era. The heaviness brought about by extreme rigor may just be the weight that future financial infrastructure should have. $DUSK #Dusk @Dusk