Recently, everyone has been talking about modular blockchains non-stop. As a perpetual holder and unlucky guy, I initially thought it was just another new concept to make a quick profit... But thinking about end users like us, there are really only two real changes: make it run smoothly without lag, keep it affordable, and cross-chain without constantly worrying about funds getting stuck halfway. The blockchain is responsible for security, while execution and data are separated; theoretically, this can improve performance. But honestly, the experience still depends on how well the wallet, bridge, and applications are built—otherwise, even with modularity, it’s just a bunch of pop-ups that scare people away.

And lately, all the fuss about privacy coins, mixing, and compliance has given me a headache. The more modularized the division of labor, the easier it is to isolate a “privacy layer,” but at the same time, it also makes it easier to be targeted... Forget it, to put it simply: for users, when you want some privacy, you might get more tools, but also more risks and psychological burdens. Anyway, I’m holding a smaller position now, less fussing around, and not getting excited to leverage high again.