Vitalik: The current blockchain community and the world are in a dangerous state, with a large number of projects lacking long-term value or even being malicious receiving excessive attention

ChainCatcher message, Ethereum co-founder Vitalik Buterin stated that the current blockchain ecosystem and global society are in a state of risk, with a large number of projects lacking long-term value or even having malicious intent receiving excessive attention. He emphasized that the community should not only remain at the level of criticism but also needs to provide and practice better alternatives.

In the blockchain field, the community needs to move beyond the phenomenon of meme coins that drop 97% in a single day and explore truly valuable development directions; at the macro social level, Ethereum, as a successful open decentralized ecosystem, is providing a strong counterexample to the views that question democratic systems and lean towards strongman politics. He cited a political scientist's viewpoint at Devcon, suggesting that Ethereum's success will provide a positive example for broader social governance models.