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#DeFi社区信任危机 Seeing BitMine surpass the milestone of 4 million ETH, I feel an even greater confidence in the future of Web3.
What does this data indicate? Institutional-level steadfast holdings are accumulating, which means that big capital is long-term optimistic about Ethereum, the foundational infrastructure of Web3. The deeper significance is— we are witnessing the true integration of traditional finance and the blockchain world.
However, there is another topic worth discussing. Recently, trust crises have frequently appeared in the DeFi community, and the collapse of some protocols has led many to question the reliability of decentralization. But I believe this is precisely the growing pain that Web3 must go through. Just as the early internet experienced scams and bubbles, every risk event we see now is pushing the ecosystem to establish better governance mechanisms and risk management standards.
True trust is not blind following, but stems from understanding the protocol mechanisms and participating in community governance. Institutions like BitMine continuously increase their holdings, demonstrating through action that long-term believers will never abandon their faith in this track because of short-term fluctuations.
What we need to do is to enhance our knowledge reserves during this process and learn to identify truly valuable projects. The decentralized future is worth our steadfast commitment.