2026-01-08 16:34:19

To be honest, most failures of public chains all boil down to one problem—no one really uses them.

No matter how excellent the infrastructure, how advanced the consensus mechanism, or how grand the narrative, it all goes to waste with users. The core issue isn't the technology itself.

The crypto world is actually caught in a vicious cycle: we have the fastest chains, the most innovative protocols, and the most enticing stories. But what’s the result? Ordinary users find it hard just to try.

Getting started alone requires overcoming five or six hurdles—setting up a wallet, learning cross-chain transfers, finding liquidity, paying Gas fees... Each step is a barrier. Out of ten curious users, nine give up halfway, and the remaining one may not even stay.

This is the watershed between survival and exit. Having a strong product is no longer the most critical issue; the key is whether users can easily get in.

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NestedFox

· 52m ago

That was brilliant. We're all building rockets, but we forget that ordinary people simply can't operate rockets.

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ser_ngmi

· 22h ago

Isn't this just the current situation? No matter how fancy the tech stack is, it can't save the scenario with zero users.

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SchroedingerMiner

· 01-09 03:17

That's so true, the entry barrier is like poison.

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ProposalDetective

· 01-08 17:03

Oh my, that's so heartbreaking. Wallets, gas fees, cross-chain... Just this set alone discourages ninety percent of people.

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RugResistant

· 01-08 16:57

Exactly right, hitting the nail on the head. No matter how advanced the technology is, if the barrier is high, it all becomes useless—this is the current situation.

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CascadingDipBuyer

· 01-08 16:44

Wake up, no matter how advanced the technology is, someone has to use it; otherwise, it's just a castle in the air.

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TopEscapeArtist

· 01-08 16:35

In plain terms, no matter how beautiful the technicals look, they can't save dead chains with zero trading volume. --- It's another story of bottom-fishing at high levels, only to find you're buying air. --- This is a head and shoulders top pattern; it looks sophisticated, but users have already run away. --- The warning signs have been there for a long time, yet we're still hyping the narrative. --- Really, nine and a half out of ten users are discouraged by Gas fees, and the remaining one is also trapped. --- Strong product capability? Nonsense, a high barrier to entry is actually a bearish signal. --- Even a MACD golden cross can't prevent user loss; I've seen it with my own eyes. --- This decline is actually an inevitable part of the market cycle; chains with no users will only be eliminated. --- Stop-loss should have been set early on at the point of "are there real users." --- Emotion indicators are clearly warning, but no matter how awesome the architecture is, it's useless.

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