[Crypto World] A former CTO of a leading exchange recently shared an interesting idea: cryptocurrencies are far more than just financial tools; they are more like a safeguard mechanism for values. When the existing system faces pressure, decentralized digital assets can offer an alternative solution.
He further pointed out that the true significance of the smart contract system is— it turns equality from a slogan into code. Rules are no longer interpreted by a centralized institution but are automatically executed by on-chain logic. Every participant receives genuine fair treatment at the protocol level.
From a broader perspective, this digital order could become the foundation for future societal restructuring. As more interactions move on-chain, we may unconsciously complete the transition from traditional institutions to new protocols. This is not just a simple technological upgrade but an exploration of the possibilities for the entire social organization.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
7
Repost
Share
Comment
0/400
AirdropGrandpa
· 7h ago
Sounds idealistic, but what about reality?
Code can have bugs too, buddy.
It sounds nice, but isn't it just big players cutting the leeks?
Equality? Haha, solve the MEV problem first before bragging.
I've heard this rhetoric years ago, why are they still making empty promises now?
Institutional innovation? I only see new centers of power.
On-chain logic automatic execution? Then who is responsible for DEX slippage?
If the system pressure is too high, come to the crypto world? That's funny, the pressure here is even greater.
Instead of reforming society, better secure your own wallet first.
That's a good point, but why do big V influencers still have such a strong voice?
View OriginalReply0
SchroedingerGas
· 7h ago
Uh, it sounds grand, but the idea of equal code... can it really withstand the pressure from interest groups?
---
Smart contracts automatically executing sounds great, but in reality, it's still up to big players and miners to call the shots, lol
---
Breakthrough in institutional innovation? Let's first solve the problem of exchanges running away.
---
This guy's words are poetic, but I always feel like he's just giving a new name to the new system... Power is still power.
---
Wait, on-chain fair treatment? Then why can some people dump the market as soon as they make a move?
---
From slogan to code... sounds romantic, but in reality, it's just another form of centralization.
---
Social restructuring, sounds good. But this rhetoric is a bit like the common tactics of tech utopians.
---
The logic that decentralization offers a way out ignores the problem that technology itself can also be re-centralized by capital.
View OriginalReply0
DarkPoolWatcher
· 7h ago
Sounds good, but can it really bypass regulation?
Contract code is also written by humans, with just as many vulnerabilities.
Nice words, but the whales on the chain call the shots.
Decentralization has been heard a hundred times, but isn't it just an upgraded version of centralization?
I've heard this logic back in 2017, and look what happened...
Code is law? Then who will fix the bugs, brother?
Equality turning from a slogan into code, but it ends up being a power game hidden within the code.
A bit naive—can institutional innovation be so easily cracked?
Talking grandly, but isn't it just another way to cut the leeks elsewhere?
Hold on, why do I feel this is just some project team's promotional article?
The foundation of social restructuring? First, understand the current DeFi problems thoroughly.
View OriginalReply0
OnchainFortuneTeller
· 7h ago
It sounds good, but how many projects can truly survive?
View OriginalReply0
retroactive_airdrop
· 7h ago
It sounds ideal, but what if we really treat code as law?
---
No matter how well the code is written, it can't escape human nature.
---
"Equality turns from a slogan into code," but in the end, the code of the rich still runs faster.
---
Institutional innovation? Why not call it institutional escape? Seems a bit overinterpreted.
---
Smart contracts executing automatically sound great, but you'll regret it when debugging goes wrong.
---
So basically, it's just replacing the middleman, this time with a validator.
---
On-chain logic execution is supposed to be fair? Then how do you explain rug pull projects?
---
Grand narratives are fine, but in reality, it still depends on token prices to speak.
View OriginalReply0
TokenomicsPolice
· 7h ago
Words are nice to hear, but what about reality? On-chain equality is just a joke.
---
Code can have bugs too, and then what?
---
You're dreaming of utopia again, wake up.
---
This logic is a bit far-fetched. Who guarantees that smart contracts are absolutely fair?
---
Institutional innovation? Let's first solve the current chaos before talking about that.
---
It sounds poetic, but what I see is still a cut of the leeks.
---
Social restructuring? Why not just say overthrow? That phrase sounds much better.
---
Contracts don't lie, but the people writing contracts do.
---
Decentralization ultimately still ends up being centralized by big players, cycle after cycle.
---
"Fairness at the protocol level," I just want to ask—who has the final say?
View OriginalReply0
FrogInTheWell
· 7h ago
Uh... does equality go from slogans to code? Then the bugs in smart contracts would also execute to the end haha
---
It's the same narrative again... but I have to admit that on-chain is indeed much cleaner
---
Institutional innovation? Let's first bring down the gas fees
---
Decentralization sounds great, but when exchanges really run away, they are also part of it
---
This logic is a bit idealistic... in reality, those with more power still have greater voice
---
Contracts are dead, human nature is alive, having only code is not enough
---
Finally someone has explained this clearly, it is indeed an innovation in organizational form
---
I agree, but the premise is that ordinary people must truly understand and participate
Can cryptocurrencies become a breakthrough for institutional innovation?
[Crypto World] A former CTO of a leading exchange recently shared an interesting idea: cryptocurrencies are far more than just financial tools; they are more like a safeguard mechanism for values. When the existing system faces pressure, decentralized digital assets can offer an alternative solution.
He further pointed out that the true significance of the smart contract system is— it turns equality from a slogan into code. Rules are no longer interpreted by a centralized institution but are automatically executed by on-chain logic. Every participant receives genuine fair treatment at the protocol level.
From a broader perspective, this digital order could become the foundation for future societal restructuring. As more interactions move on-chain, we may unconsciously complete the transition from traditional institutions to new protocols. This is not just a simple technological upgrade but an exploration of the possibilities for the entire social organization.