Bitcoin has been around for fifteen years. From the perspective of blockchain development, it was once regarded as the Fourth Industrial Revolution. Early narratives, passionate enthusiasm, and fundamentalist spirit attracted countless tech geeks and crypto believers worldwide, who showcased their talents through extensive exploration and innovation.

The birth of ETH greatly promoted the development of blockchain. However, today, before the emergence and popularity of Bitcoin's native L2 solutions, the current crypto scene is stagnant—technology has plateaued, narratives are exhausted, market sentiment is cold, scams and junk projects are rampant, security incidents such as hacker thefts and platform collapses occur frequently, and celebrities and elites also issue tokens to manipulate and profit, with scams, chaos, and deception becoming routine operations, leaving retail investors deeply resentful.
The dreams and ambitions when entering the space have long been eroded, and the true spirit of blockchain has been worn down, with only a few remaining committed to technological exploration.
In early April, a tariff war swept through the crypto world! Bitcoin, originally a safe-haven asset, why did it also plunge along with the stock market? Satoshi Nakamoto's original intention was to reshape traditional finance, yet it is still entangled with traditional finance and influenced by the words and actions of certain individuals.
Is blockchain a failure? Or has it not yet truly exerted its power? So, what is the way forward?
The iPhone moment of the Web3 era
—— Could it be Pi Network?