Recently, I keep seeing a bunch of people talk about “data availability, ordering, finality,” and the longer the terms, the more they sound like they’re trying to scare you. To put it simply, I grab one main thread: once you buy something, can others see it (the data can be checked)? Who decides the sequence (make sure ordering doesn’t get someone cutting the line)? And in the end, can you go back on it (don’t let finality drag on too long). The moment any of these three loosens, black swans can show up especially fast—no matter how much you’ve invested in the strategy, it can’t save you. First, think about how to stay alive.

As for the NFT royalty disputes, they’re also the same kind of contradiction: creators want to earn more, while the market wants them to sell better and have better liquidity. It doesn’t really matter how the rules are written; what matters is whether enforcement is hard-nosed, whether the information is transparent, and whether the order of transactions has been messed with… Honestly, I’d rather earn a little less than bet my position on something like “everyone will do the right thing on their own.”