These past couple of days, people have been talking again about parallel processing and sharding—it sounds pretty lively—but my first thought is still: where to put the money, how to get out, and whether you can actually get out. Basically, no matter how exciting the technical story is, once contract permissions, cross-chain bridges, or wallet authorizations all end up getting messed up, a drawdown is something you can’t save even with “a turnaround.”

Some people also complain that miners/validators make too much, and that MEV front-running leads to unfair ordering. I don’t really have any better ideas, so I can only be more cautious: when you can reduce interactions, reduce interactions; when you can split positions, split positions. Practice the “exit path” first before rushing in—so that if the chain gets congested and slippage goes wild, you won’t even be able to set stop-loss. Anyway, I’m not trying to act tough—staying alive is the most important.