Zhu Su: Ethereum Urgently Needs to Embrace Decentralized Computing and Anti-Censorship Use Cases

On March 13th, Zhu Su, the founder of Three Arrows Capital, posted on social media, stating, "The rise of CeDeFi is the biggest negative factor for Ethereum. This shows that a large number of open smart contracts that were originally envisioned to run on a distributed network ended up being executed in a closed-source code form on a single server. Ethereum urgently needs to embrace application scenarios that truly require global distributed computing and censorship resistance. Some use cases (such as privacy protection) have full cypherpunk attributes. If Ethereum itself does not perform well, it will be difficult to achieve the revival of DeFi. In a world where validator decentralization and smart contract demand are low, off-chain solutions will become the mainstream choice due to cost and efficiency advantages."