Lately, everyone’s been talking about testnet incentives, point expectations, and even starting to guess, “Will the mainnet issue tokens?” I’m a bit sleepy from all that—in any case, I care more about those slower “signals.”

For beginners who want to judge credibility, I’m currently focused on three things: don’t just look at stars on GitHub—check whether there have been recent, sustained updates, and whether the same group has been maintaining it long-term; don’t be fooled by the logo in audit reports—focus on whether problems were seriously addressed and fixed, whether they were resolved, and whether issues keep happening again and again; and for multi-signature upgrades—plainly speaking, it’s about who can flip the protocol’s switch—whether the threshold is high, whether the signing parties are distributed, and whether there’s a design like a time lock that gives everyone “reaction time.”

No matter how many points there are, if you truly want to hold long-term, these things are more like signals buried in the background noise. That’s it for now—I’m going to sleep.