观点：加密世界应继续搞基建，但不是高估值的空气基建

深潮Опубліковано о 2024-09-15Востаннє оновлено о 2024-09-15

你想一辈子制作和交易 Memecoin，还是想建立基础设施并改变加密世界？

作者：Rickey

编译：深潮TechFlow

最近，我听到太多人抱怨以太坊的基础设施，指责风险投资公司投资了大量毫无意义的基础设施，认为过剩的基础设施导致了行业的困难，并试图在应用开发者和基础设施组织之间制造矛盾。他们似乎将以太坊生态系统描绘成一个不适合应用开发的“尼夫海姆”（Niflheim在北欧神话中是一个寒冷、黑暗、充满迷雾的世界。它通常被描述为一个不适宜生存的地方）。

这种说法非常不友好，也让人难以信服。

我们需要澄清一些误解：什么是真正的基础设施？

它是否有宏大的叙述？是否获得了顶级风险投资的支持？是否产生了大量泡沫？是否充满虚无主义？是否失去了你的投资？EBOLA（EVM 逻辑缺失症）？

真正的基础设施包括：

协议、EIP（以太坊改进提案）、框架、工具栈以及非应用层的区块链服务。
用于解决特定问题，提高应用的效率、用户体验、去中心化、安全性和隐私。
代码是开源的，接受社区的贡献和审查。
为应用开发者提供免费的方案，甚至是完整的公共产品。
由一群真正理想主义和乐观的人所构建。

区块链基础设施的发展

我倾向于用 git 分支的形式来描述区块链基础设施的发展。

区块链类似于一个新的 git 分支。在这个分支的第一阶段，加入了密码学、P2P 网络、共识算法等基础设施。这些基础设施可以用于构建比特币、以太坊及其他 L1 网络。

在第二阶段，各种基于以太坊的工具、设施和服务相继涌现，开发者可以利用它们构建各种钱包、DeFi 应用和 Layer2 网络。有趣的是，经过这个提交后，创建了一个链上分支。这个分支的最终目标是将用户数据完整存储在链上，并通过智能合约来实现应用的逻辑。开发者可以实现真正可验证、可组合和可互操作的链上应用程序。目前，我们正处于该分支的链上基础设施建设阶段，我认为我们走在正确的道路上。

基础设施给我们带来了什么？

1. 减少垄断

在某个特定领域，开发者有更多选择。假设你是一家初创公司的创始人，想要为你的网络提供交易数据查询服务，你愿意支付高额费用购买某公司的区块扫描服务吗，还是选择部署一个免费的 Blockscout？

2. 提高效率

开发者将迁移到更高效的工具和基础设施。这是我在过去一年中应用技术栈的变化：

链：Tendermint → OP Stack

开发工具：Truffle/Hardhat → Foundry

合约交互：Web3.js / Ether.js → Viem

存储：IPFS → BNB Greenfield

区块浏览器：Etherscan → Blockscout

钱包：扩展钱包 → Coinbase Smart Wallet / AA

3. 丰富应用程序的多样性

为开发者提供足够的基础设施，以便他们创建有趣的应用。几年前，我们主要在以太坊生态系统中构建 DeFi 和 NFT 相关的应用。现在，你可以利用各种基础设施来构建更有趣的产品和应用：

云平台：Fleek

身份验证：Privy

游戏：MUD, Dojo, Paima

钱包工具包：Onchain Kit, rainbowkit

开源奖励：tea

全栈 ZK 证明服务：polyhedra

以太坊的无信任 AI：ora

IP：StoryProtocol

4. 降低应用程序的启动成本

实际上，你只需支付部署合约的 gas 费用。由于基础设施足够完善，连小型开发团队也能快速整合基础设施服务，实现预期功能。几乎所有基础设施服务提供商都会为开发者提供免费计划，这些计划足以支持和验证你的早期想法。

5. 加速大众的采用

这取决于基础设施带给非金融化应用和用户体验的变化。我认为这也是许多开发者从开发消费者加密应用转向开发基础设施的原因。并不是说开发者过于关注技术，而是他们必须首先解决效率和用户体验之间的摩擦问题，然后再构建应用来验证其可行性。

我们可能需要经历几个阶段才能实现真正的大规模采用基础设施爆炸期：同一领域出现多种不同的解决方案，类似于 Layer2 的 OP、ZK、ZKEVM 和 Plasma。基础设施淘汰期：市场将淘汰那些没有实际意义且仅依赖代币的基础设施。基础设施稳定期：一些真正有价值的基础设施将得以存活，开发者开始基于这些基础设施构建各种类别的消费应用。大众采用：此阶段的区块链基础设施与 Web2 服务提供给消费者的用户体验相同。用户不需要了解区块链的工作原理就能使用各种应用，这可以为用户带来更好的利益分配、数字资源的拥有权、隐私和反审查能力。

6. 降低中心化的影响

想象一下，如果我们所有的应用程序都使用同一基础设施服务，直到某一天，某个国家的政府将其关闭，甚至逮捕其核心代码贡献者或首席执行官，使得无法为应用提供服务。但我们的基础设施服务是充足的，还有其他可替代的解决方案，因此，应用程序不会因某个基础设施的瘫痪而停止运行。

继续建设基础设施

“你想一辈子卖糖水，还是想和我一起改变世界？”这是史蒂夫·乔布斯对百事可乐高管约翰·斯卡利说的话，以吸引他加盟苹果。

现在我想问你一个问题：

“你想一辈子制作和交易 Memecoin，还是想建立基础设施并改变加密世界？”

基础设施是行业的动力，它带来了新的叙事和愿景，即使这仅仅是一个新的标准、一个提案或一个 SDK。无数的建设者需要故事来坚定他们的信念并保持热情。我们为什么相信加密？为什么相信链上？成为建设大教堂的人。如果你不认为自己在建设大教堂，那就换一份工作。

Пов'язані матеріали

Eric Trump Sets A “Beyond Catastrophic” Bar To Sell Bitcoin — How Far Are We From That?

Eric Trump, Chief Strategy Officer of American Bitcoin Corp., has declared that the company would only sell its Bitcoin holdings under circumstances he describes as "beyond catastrophic." In an interview, he framed this as a strategic commitment to permanent accumulation, driven by the goal of increasing "satoshis per share" and competing in both the race for the largest Bitcoin holdings and the lowest acquisition cost. The company mines its Bitcoin at a claimed 53% below spot price and retains all coins, drawing a distinction from Michael Saylor's MicroStrategy, which has signaled some flexibility. Trump's stance sets a new benchmark for long-term commitment in the Bitcoin treasury sector. As of the report, Bitcoin trades near $82,000, with American Bitcoin's treasury holding over 7,000 BTC.

bitcoinist43 хв тому

Eric Trump Sets A “Beyond Catastrophic” Bar To Sell Bitcoin — How Far Are We From That?

bitcoinist43 хв тому

DeFi Has Reached Its Most Dangerous Moment: The Real Vulnerabilities Are Not in the Code

DeFi in Peril: The Real Vulnerability Isn't in the Code April 2026 marked a paradigm shift in DeFi security, with over $625 million lost across 30 incidents—the worst month in crypto history by event count. Crucially, none of the major exploits (Drift Protocol: $285M, KelpDAO: $292M, Wasabi Protocol: $4.5M) resulted from smart contract vulnerabilities. Instead, failures occurred in the operational "plumbing": social engineering to compromise multi-signature councils, a single-point-of-failure 1-of-1 bridge validator, and stolen admin private keys. These events expose a fundamental misalignment: the industry's security model has long focused on code audits, while the actual attack surface has shifted to privileged access points and off-chain infrastructure. The article introduces the term "OpenFi" to describe this reality: permissionless, on-chain, yet operationally dependent on trusted third parties (admins, validators, oracles) at key junctures. The KelpDAO exploit vividly demonstrated asymmetric "contagion risk." A configuration error in a smaller protocol triggered a panic, causing approximately $13.2 billion in outflows from larger, unaffected protocols like Aave within 48 hours, as users fled uncertain collateral. The core dilemma is the double-edged sword of centralization. Operational levers like emergency councils (e.g., Arbitrum freezing stolen funds post-KelpDAO) enable crisis response but also create catastrophic attack surfaces if compromised (e.g., Drift). The path forward demands radical honesty: protocols must clearly disclose their trust assumptions, operational levers, and failure modes. The industry must treat operational security (key management, configurations, incident response) with the same rigor as code security. Survival depends on building systems whose risks can be understood, priced, and insured, moving beyond the outdated "code is law" mantra to a mature model of disclosed and managed trust.

链捕手1 год тому

DeFi Has Reached Its Most Dangerous Moment: The Real Vulnerabilities Are Not in the Code

链捕手1 год тому

Vitalik's Article Emphasizes Ethereum Must Be 'Amazing', But Foundation Is Not the Center

Vitalik Buterin has published a lengthy response to recent community criticism directed at the Ethereum Foundation (EF). Acknowledging a sense of "unease," he addresses concerns about the EF's strategic direction, its perceived disconnect from ETH's price performance, and calls for its reduced central role. Vitalik rejects the notion that the EF should be the central governing body of Ethereum, framing it instead as one "node with a clear mandate" among many within the ecosystem. He highlights the EF's limited ETH holdings (≈0.16% of supply) compared to other blockchain foundations and states it will no longer sell significant amounts of ETH. Its future focus will be on long-term, critical projects that align with Ethereum's core values of censorship-resistance and decentralization, which might not otherwise happen. A core argument is that Ethereum must be "amazing," but not by merely chasing higher transaction speeds at the cost of decentralization. He proposes focusing on the "CROPS" dimensions: creating a Cryptographically provable, Reliable, Open, Private, and Secure network. This includes pursuing goals like a formally verifiable, bug-free Ethereum client and minimizing protocol-level reliance on intermediaries. The article concludes by noting that while Vitalik clarifies the EF's refocused role, he does not directly address community suggestions for creating a new organization explicitly aligned with ETH's economic interests. This "alignment gap" is presented as a key challenge for Ethereum's future.

链捕手1 год тому

Vitalik's Article Emphasizes Ethereum Must Be 'Amazing', But Foundation Is Not the Center

链捕手1 год тому

Galxe: How a Quest Platform Evolved into Web3's Growth Infrastructure

Galxe, once perceived as a simple Web3 quest platform, has evolved into a core growth infrastructure within the Web3 ecosystem. It addresses a fundamental Web3 growth dilemma: the lack of a mature, systematic user acquisition and retention system akin to Web2's advertising and analytics platforms. While users complete quests (social tasks, on-chain interactions) for rewards, Galxe's true innovation lies in transforming these fragmented, one-off actions into lasting, verifiable identity credentials. This process of *behavioral assetization* creates a persistent record of a user's activities across projects and chains. For users, their wallet accumulates a valuable history that can unlock future access and rewards, fostering a "profile-building" mentality. For projects, Galxe provides a pre-screened user pool with rich behavioral data, enabling targeted outreach to users based on their specific on-chain history and community engagement. Galxe employs a gamefied growth path, guiding users from low-friction social tasks into deeper, valuable on-chain interactions through a structured progression of quests. This solves the incentive-behavior mismatch common in Web3, filtering users by their willingness to engage. Beyond quests, products like Passport (identity verification) and Starboard (community analytics) position Galxe as a comprehensive growth operating system. The platform's defensible advantage is its self-reinforcing data and network flywheel: more projects attract more users, enriching behavioral data; richer data enables better user targeting, attracting more projects. Ultimately, Galxe is shifting Web3's growth logic from short-term "reward-driven" traffic towards a long-term "identity-driven" relationship model, where a user's accumulated on-chain履历 becomes a core asset.

marsbit1 год тому

Galxe: How a Quest Platform Evolved into Web3's Growth Infrastructure

marsbit1 год тому

BTC Market Pulse: Week 22

Bitcoin's price weakened in Week 22, falling from $79K to around $74K before a partial recovery, with momentum down 21.7%. While selling pressure appeared to ease based on CVD metrics, overall market activity cooled as spot volume and futures open interest declined, signaling reduced speculation and a more cautious backdrop. Contrasting signals emerged. A 135.4% surge in long-side funding payments pointed to strong demand for bullish bets. Meanwhile, options skew shifted slightly, indicating greater demand for downside protection. In TradFi, US Spot ETF netflows improved 28.9%, though trade volume fell sharply. On-chain data showed minor dips in active addresses and transfer volume, hinting at a consolidation phase. Liquidity metrics suggested a more stable market with higher conviction. However, profitability ratios flagged increased market stress, with a notable rise in loss realization versus profit-taking. In summary, the market displayed signs of moderation and consolidation, characterized by reduced activity, cautious sentiment, and a mixed picture of risk appetite.

insights.glassnode2 год тому

insights.glassnode2 год тому

Торгівля

Спот

Ф'ючерси