On February 26th, GM, an investor in Dragonfly, shared some thoughts on the development of blockchain at an event in Denver. He mentioned that the performance requirements of blockchain space are elastic, and scalability continues to be a topic of industry concern, with the launch of EVM in the future being eagerly anticipated. In addition, he pointed out that differentiated functionality in blockchain space is another important direction, such as native interoperability, more complex operations (such as ML precompilation), and the exploration of specialized chain functionalities.

He also mentioned that geographically dominant front ends are on the rise, with significant differences in popular memecoin trading tools in regions such as Asia and the United States, and the potential of localized front ends being underestimated. At the same time, he re-examined the beauty of Bitcoin's design, especially the dynamics of miner competition, which is lacking in modern PoS networks.

At the application layer, he mentioned a new wave of applications based on mental shares and social metrics emerging, such as Kaito unlocking a new battlefield. He also mentioned the possibility of venture capital financing and the reintroduction of crowdfunding models.