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Is it still blockchain, or has it evolved into a different way of playing? Web3's promises are louder and louder, but in the end, what is it?
Honestly, what has been troubling everyone for a while is no longer the bull and bear cycles. The real thorny issue is here — that once slogan of "decentralization" now sounds more and more like a joke.
Initially, there was a firm vow to break monopolies and return sovereignty to users. But what happened? Power has gradually concentrated into the hands of a few, and the shadow of centralization is becoming more apparent. This is the difficult problem right in front of us.