Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
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https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
, the situation is even worse. The ecosystem truly needs projects that bring new features, such as privacy protection, application-specific efficiency, or ultra-low latency. The “Ethereum connection” must match the actual functionality.
For example, prediction market applications can issue and settle markets on L1, manage user accounts, but transaction execution occurs within a Rollup or L2 system, with L1 verifying signatures and market states. Architectures with deep L1 integration should be prioritized over superficial bridging just for recognition.
Another type of “application chain” can verify algorithm execution on platforms like government, social media, or gaming sites, using technologies like STARKs to ensure updates are authorized and executed according to pre-committed rules. Although not fully Ethereum-compatible, these chains can provide algorithm transparency and minimize trust, enabling economic activities previously thought impossible.
New projects should achieve two goals: first, truly bring innovation, not just copy existing EVM chains; second, ensure their PR image matches actual functionality. The project’s claimed level of connection to Ethereum should accurately reflect its technical and ecological dependencies, ensuring ecosystem interoperability and long-term value.