Recently I’ve been looking at some on-chain data, and it’s pretty interesting. Everyone keeps throwing around terms like data availability, ordering, and finality—they sound really impressive. But when you boil it down, it’s basically this: how quickly and how securely a chain can settle your transactions, so they don’t slip away or get tampered with.

Later, I realized that when many new L1/L2 projects use incentives to pull in TVL, old users often complain about “mine-to-sell.” Turns out it’s also related to this. If your on-chain data hasn’t been finalized and the ordering is chaotic, people don’t feel confident in their own minds—so naturally they don’t dare to stick around long-term. They can only mine first and then leave. As for me, I prefer arbitrage, so I keep my focus on chains with stable ordering and fast finality. Move quickly—less risk. As for the other flashy stuff, I’ll put it on hold for now. Don’t go rushing in just to join the excitement.