Are you really suitable for Web3?

Written by: Wen Xin

Original link: https://mirror.xyz/wheart.eth/XccYBJ2OeSEmcrGvtD75x6c1DRWkzbTElzRZZpqEsOE

In fact, a long time ago, I planned to write a "Web3 Beginner's Tutorial" for friends who want to enter Web3 or have just entered Web3. However, considering two reasons, I still plan to postpone this matter for some time. .

First, when all major media are advocating All In Web3, it is inevitable that many friends will quit their jobs in big companies and rush into the Web3 industry with the dream of getting rich. But this is not the right thing for the industry or for you personally, and I don't want to add fuel to the fire at that time. I hope everyone will think rationally before doing anything and not let various voices affect their judgment. Now, with the gradual cooling of the market and the emergence of more and more doubts, people are beginning to return to rationality, and a large number of speculators are also bringing abuse and empty promises.walletAfter leaving, if you still deeply love this industry, then I think you are the one who should join Web3. I am also willing to share some of my experiences and thoughts for your reference.

Second, I really think that my knowledge of the industry is not deep enough and I need more time to research projects, observe industry trends andCommunityI don't want to mislead students by writing a so-called tutorial early. Of course, some friends may think that it is too late to enter Web3 now? I want to say that it is never too late for you to enter Web3.BlockchainIt was only born a dozen years ago, while artificial intelligence, which is also a cutting-edge technology, has been born for more than 60 years, so Web3 is really in a very early stage. There are no authoritative bosses or experts here. Everyone is constantly learning and thinking. If you don't pay attention to the market for a few days, you will be left behind by others. Everyone has equal opportunities, and the struggle is hard work and knowledge.

If you also like Web3 and want to do interesting and meaningful things here, then I hope this article can help you.

Below I will describe a grand blueprint for Web3 in three parts: "Cognition", "Practice" and "Experience". By reading this article, you will get the answers to the following questions:

• The core idea and correct understanding of Web3
• Are you really suitable for Web3?
• From 0 to 1: Teach you the first step towards Web3
• Ecological map: Take you to see the whole picture of Web3, public chain + DeFi + NFT + GameFi + DAO + SocialFi + Infrastructure + Technology Stack + Top Investment Institutions + Common Tools to guide your Web3 journey
• From 1 to N: Teach you step by step how to delve into a track (building awareness, analyzing projects, using tools)
• The best way to devote yourself to Web3 (work, investment, entrepreneurship, private domain, personal IP)
• Several industry principles that must be remembered
• Web3 Dark Forest Anti-Fraud Manual

1. Cognition

First we need to think about a question:Why do you want to get into the Web3 industry?? Did you hear from friends or marketing accounts that you can get rich by participating in Web3? Do you want to make a big profit with a small fortune speculatively and then leave? Did you hear this concept and want to learn more about it? Or do you really agree with the concept of encryption and have a passion for this industry?

The answer to this question does not need to be written down and announced to the public, you just need to keep it in your mind, so keep nothing to yourself.

Okay, now that you have your answer, let’s move on.

wealth?

I guess many of you are attracted by the wealth effect of Web3. There is nothing wrong with this. After all, who doesn’t love money? But can Web3 really make you rich? Any field follows the 80/20 principle, and Web3 is even more so.make moneyThe number of people is often less than 10%. If you participate with the mentality of making yourself rich through Web3, you will probably lose everything in the end. There are far more scammers in Web3 than you think, and some practices can even refresh your knowledge. You can’t trust anyone here except yourself! So we often say "DYOR" which means Do Your Own Research. Protect your principal, and block anyone who says they can make you stable profits.

But Web3 does give many people the opportunity to cross class. This is still a "primitive arena" with no absolute rules and no immutable leaders. Everyone relies on their own abilities and competes fairly to obtain their own rights. It isolates most power and relationships, giving many people at the bottom the opportunity to stand on the same starting line as Wall Street elites.

A friend who resigned from Beijing and settled in Dali to do Web3 development said: The reason why I chose Web3 is because here everyone pays more attention to you as a person rather than your workplace identity; here, you are not a tool and do not need to play a role. As a business screw, you can have some vitality, you don’t have to be involuntarily involved or laid off, you can get a decent salary, you can enjoy the sunshine, you can not be overtaxed by meaningless work, and you can release your creativity to your heart’s content, which makes people feel more comfortable.

So, how can such an industry not be fascinating?

Although the potential rewards are huge, the journey is also doomed to be difficult.Please don’t trust the trading analysts on Twitter who accurately predict every rise and fall., if he had this ability, he would not tweet there. If a person really has a knack for making money, he will never show it off, let alone teach it to his friends here. Of course, there are also some excellent KOLs in Web3 who insist on preaching and answering questions, but there are really very few such people. You need to distinguish carefully to find seniors who match your own style.Therefore, in Web3, you can refer to the opinions of some outstanding KOLs, but please do not simply imitate and copy. You need to slowly develop your own analysis framework and investment logic.. The more experience you have and the more you understand, the more you become an expert and the more opportunities you have to come into contact with that bright dream.

idea?

When choosing a field, you must at least agree with its philosophy.

Looking back at the birth stage of Bitcoin, 2008-2009, it was the time of the global financial crisis. People had distrust of centralized financial institutions. In fact, it was their wrong decisions that caused economic crises one after another. So at this time, the mysterious person (organization) with the pseudonym "Satoshi Nakamoto" proposed a peer-to-peer electronic cash system, which is Bitcoin. From then on, currency can operate independently of the centralized banking system, and everyone's assets are in their own wallets. This asset is censorship-resistant and traceable. Slowly, people's beliefs have created today's Bitcoin, and the cornerstone of encryption culture has been established.

Web3 is the sublimation of traditional encryption culture. It takes data ownership, decentralized identity, encrypted assets, new business models, etc. as key elements. It focuses on building the next generation value Internet, expanding Crypto to a wider field, and people have a better understanding of it. Big room for imagination. The creation of Bitcoin is a "miracle", and the ideal of Web3 is a "palace". However, while pursuing our dreams, we must also look directly at some facts: the efficiency of decentralization is far inferior to that of centralization and the growth of decentralization. There are many black industries and projects where scammers and scammers are rampant. We must also understand that many industries and many people do not need decentralized services.

Web3 geeks are willing to sacrifice efficiency in exchange for real data ownership; they are willing to take risks without dedicating data to centralized institutions to provide them with "SafetyService", rejecting the recurrence of the "Prism Gate" incident; willing to accept the various chaos of Web3 and bravely moving forward; willing to believe in the future of Web3 and continue to strive for it.

If you are willing to believe in Web3, then I recommend you to delve deeper into the industry. There are too many blue oceans here, and one day you can make a difference. But if you think Bitcoin is air, NFT is a scam, GameFi is meaningless Ponzi, and decentralization is a false proposition, then I think Web2 is more suitable for you. With so many industries and so many opportunities, don’t force yourself to fit into one. Don't like the circle. So we have to understand the current situation: not everyone is suitable for Web3, especially at this stage!

awe

If you choose to enter Web3, you must first be in awe of this industry. No matter you were an executive of a large company or a professor with a master's or doctoral degree, in Web3 you must accept that you are a newcomer. Web3 industry barriers are very high. Technology aside, thinking alone requires a big change. You need to know the core ideas of Web3, the ecological layout of the industry, and the best solutions among them. If you look at Web3 purely with Web2 thinking, you may not understand why many applications exist, why such a "non-rigorous" product has so many funds and players pouring in, and then conclude that Web3 is a scam.

Therefore, everyone should invest in the study and research of Web3 with an empty cup mentality, admit their ignorance of this industry, and build an understanding of the industry from scratch. This will be a relatively healthy growth path. No one in Web3 is definitely right, and there is no authoritative boss who is immutable. The industry is progressing and changing every day. Real learners should pay attention to market dynamics, community sentiment, and capital trends every day. Learning will also be abandoned by the market. This is different from many traditional industries. The knowledge structure of some industries is basically finalized, and technology will not have great innovations in a short period of time. Therefore, many "experts" can "do it once and for all" and use the knowledge of the first 30 years to support the next 40 years. works, but this does not happen in Web3.

If you believe in the future of Web3, accept the chaos and disorder of Web3, enjoy this uncertainty, and have decided to make a big splash here, then in the next article I will tell you how to step onto the stage of Web3 with the right attitude. !

2. Practice

T-shaped talents

The deep participants of Web3 are all "T-shaped talents". First of all, you need to establish an understanding of the entire industry, then find an area of interest for in-depth research, become an expert in this field, and build a solid knowledge system horizontally and vertically. But the reality is not satisfactory. Many people only have a superficial understanding of a certain field. For example, people who play NFT have no idea what DeFi is. Even some NFT practitioners I met do not know what EVM is. There are connections between various industries in Web3. For example, Sudoswap created the NFT AMM mechanism. In fact, it is very similar to Uniswap V3, but how many people can clearly explain what AMM is? Although not understanding these will not prevent you from buying NFT, it may just stop at buying NFT. If you want to work deeply in Web3 for a long time, then a structural understanding of the entire industry is necessary.

For the steps to enter Web3, I recommend trying the learning path of "Public Chain-DeFi-NFT-GameFi-DAO, SocialFi-Infrastructure".

Public chain is the foundation of everything; DeFi is the engine of Web3; NFT is relatively independent and special, and is a new application paradigm; GameFi requires the integration of "game + NFT + DeFi"; DAO and SocialFi focus more on the human perspective Designed products; the knowledge involved in infrastructure tracks such as privacy and storage is relatively difficult to understand and can be used as an extension of learning. Of course, wallet,exchangeApplications like these are necessities, so I won’t go into details here.

from 0 to 1

If you have decided to go down the road of Web3 at this time, then let us knock on the door of Web3, continue reading, and find your interests:

1. Public chain

The public chain focuses on building the underlying foundation of Web3, focusing on "decentralization, scalability,SafetyImprove and explore technology through the "impossible triangle" of sex.

Take the recent new public chain projects Aptos and Sui as examples. Both of them adopt the Move language and the concept of transaction processing parallelization, but they have different focuses: Aptos moves faster, the layout and development of various ecosystems are relatively complete, the community is hot, and many developers have gathered in a short period of time; Sui's pace is obviously slower, but its core technology is stronger than Aptos, whether it is lower and predictable Gas, validator incentives, separate storage and transaction fees, or strongerSafetyThese are very important for L1.

2. DeFi

DeFi is committed to improving the asset utilization efficiency of Web3 and building a decentralized financial system on the chain. It is the engine and connector of various projects, greatly enriching the application scenarios on the chain and providing users with new sources of benefits. Improved Token liquidity.

Lending and decentralized exchanges are the core of DeFi. On the lending platform, users deposit and lendToken, and pay or earn interest at the same time (the same as the capital deposit and interest earning model in traditional finance); in decentralized exchanges, players deposit asset pairs into the Liquidity Pool to provide liquidity and earn handling fees. More importantly, DEX realizes the market price calibration of various tokens and the conversion between assets, which also allows various assets to flow more efficiently.

Liquidity Mining further enhances the power of DeFi. It innovatively changes the company's profit distribution and governance model, and at the same time creates a positive cycle of project development. Users obtain interest and project equity income through liquidity mining, and the project party also positively encourages the development of the project through fair issuance.

3. NFT

NFT has expanded the application fields of Web3, allowing it to develop from a single financial attribute to brands, physical objects, etc. This progress is of cross-epochal significance. If there is only FT on the chain, Web3 will only be a financial market no matter how it develops. It is separated from the real world. If you want more people to participate, Web3 needs to consider how to interoperate with other fields, and NFT has Probably one of the correct answers.

The development of NFT is now in its absolute early stages. Although it has gone through a bull market, the projects that have come out are basically PFP, and the only successful business model is Yuga Labs’ “PFP-Land-Token-Game-Brand” The "ape" universe empire. But the most exciting thing is the community culture that NFT has brought together, which brings together the most important factor - people. Even in the current slow growth, many communities are full of passion, so we have reason I believe that there will be eye-catching NFT projects in the next narrative cycle.

4.GameFi

Too few users is an important reason hindering the development of Web3, and GameFi is likely to open the door to this traffic. Play2Earn's model attracted a large number of users to participate. At its peak, Axie's average daily income was higher than the per capita salary in some Southeast Asian countries. However, the current economic model of chain games is still imperfect, and almost no projects can escape the death spiral.

In fact, the essence of GameFi is still DeFi, and the game is just its shell. The continued development of the project requires sufficient liquidity, and the liquidity here largely requires the joining of new users. Players purchase NFT and enter the game to add liquidity to the game. Part of the generated Token is consumed by itself and part is sold to new users. This is the simplest internal loop. When the number of new users grows rapidly, the demand for NFT and Token increases and the price rises. Players are harmonious and the market is booming. However, when the growth of new users slows down, there are not enough ways to consume Tokens in the game ecosystem. The supply exceeds demand and the price drops. The price drop leads to a longer payback cycle, which will make new users The number dropped further, entering the rhythm of a death spiral.

Although it faces difficulties, GameFi is definitely one of the tracks with the most potential. Recently, GameFi has also been favored by capital, and the amount of financing far exceeds other fields. In the next cycle, we have reason to believe that there will be more and more phenomenal chain games like StepN, and more people will enter Web3 through chain games.

5. DAO, SocialFi

SocialFi is the only track that has no projects in this bull market. Everyone basically agrees that social networking is a necessary need and has a very high upper limit. CZ also publicly expressed his optimism about SocialFi at the beginning of the year. However, many institutions believe that the existing SocialFi projects are still in the early stages of development, the model is not yet clear, and a sustainable paradigm has not been formed. If you only rely on the token economy and the packaging transformation of Web2 social, it will be difficult to acquire users from traditional giants. However, some social projects have begun to attract capital attention recently, and I hope to see good products from SocialFi emerge in the next cycle.

DAO is a brand-new team organizational structure that is extremely dynamic and efficient. Since this concept was widely spread, various DAOs have sprung up and grown rapidly. I believe it will be a groundbreaking application, but it is not mature now. DAO is not just a WeChat group, nor is it a reason for capital to prostitute labor for free. With the improvement of organization and governance tools and the improvement of people's awareness, DAO will definitely develop in a better direction.

ecological map

Each track in Web3 has its own unique charm. You need to have a comprehensive understanding of the outstanding projects and ecology of each track, and then find your favorite direction to study in depth. In order to facilitate everyone's learning, I have classified the leading projects, common tools, top investment institutions, development technology stacks, etc. in various fields of Web3 into the picture below, and briefly summarized each project in one sentence. If you study all the projects and tools in this picture thoroughly, then you have definitely surpassed people with Web3 90% and above. While studying, you will discover your interests, find the track that belongs to you, and start to study in depth (if you need the picture source file, you can get it by private message):

from 1 to N

At this point you have chosen a track, and the next question you face is how to further develop on this track. I have prepared a detailed implementation plan for you. The whole process is divided into seven steps. Take a deep breath and let's continue:

Step 1: Research the 20 best projects in this track and become familiar with their development history and solutions

If you like NFT, then go to OpenSea and understand every step of the top 20 projects in the rankings from early promotion, issuance methods to later operations and ecological expansion, think about their internal connections, and summarize why these projects can Become a blue chip; then understand those projects that were very popular at a certain moment, how they touched the emotions of the community, and why they did not continue to be popular; finally, summarize your own thinking logic about these projects and form your own Research Framework.

If you like DeFi, then go to DeFi Llama and learn about the top 20 projects on the TVL rankings from every aspect such as white papers, problems to be solved, core solutions, economic models, development history, etc., and understand the evolution of the entire DeFi history. , understand the most significant characteristics of each project, think about the connections between different projects, and establish your own understanding of the entire DeFi ecosystem.

The same goes for other areas. Remember: The prerequisite for understanding the industry is that you have seen enough projects. Quantitative changes lead to qualitative changes. Don’t think you are a genius. You can understand everything by reading a few interpretation articles and videos. You must respect the unknown industry. Humility is the key. The best attitude towards learning.

Step 2: Make good use of tools and use data analysis tools to conduct in-depth research on the project

If a worker wants to do his job well, he must first sharpen his tools. Although the data of most projects can be obtained on the chain, not everyone has a technical background. Players who do not understand technology can use some tools for auxiliary research. I have put the websites that may be used in the Web3 project research into the ecological map compiled above. Here I will take NFT as an example to briefly introduce some of the most commonly used websites.

Comprehensive data analysis website:NFTGO. The overall market data, segmented track data, individual project data, etc. are all included. The website is very in line with the usage habits of Chinese people and is also a product of Chinese people. It is necessary to query data.

effect: Analyze market and project data, and pay attention to whale trends.

Community data query website:NFT Inspect . It contains the Twitter community data of most NFT projects, including the number of topics, trends, avatar usage, etc., which comprehensively reflects the community popularity of a project and is very helpful for ambush a project in advance.

effect: Determine the popularity of the project based on community data and take corresponding actions.

Project whale attention query website:TwitterScan. Used for research on new projects. The higher the number of project whales’ attention, the greater the project’s potential for later development.

effect: Generally used to judge whether the early value of the project is worthy of liver whitening, and to judge whether it will rise based on the whale growth trend.

Project historical data query website:NFT Flips. Check the data of the project itself, purchase trends in the secondary market, and monitor trends on the chain.

effect: Judge whether a project is worth Mint in the early stage, and judge whether it is worth the second level in the later stage.

In addition to the above websites, there will be many different needs during your research project. Finding the right tools according to your needs is an essential skill.

Step 3: Broaden your own news channels and get the latest news on the project as quickly as possible

After going through the above two steps, you already have an overall understanding of the industry and the ability to query project data. Now you need to get an opportunity, an opportunity to discover excellent projects.

You have to understand a truth. When you see the "latest" news about a project in interpretation articles or videos, it is basically no longer the latest. Opportunities are fleeting and so many people are looking for it, so you must Get ahead of the curve. The best way to get the latest news about the project is through various communities. Discord and WeChat groups are the most direct channels, but the premise must be that these communities are professional and sensitive enough. You need to find several high-quality communities that will help you grow up. They will really help you a lot on the way. If you see a project that most people are working on in the community, then go research it immediately! In addition, the dynamics of bloggers and project developers who focus on information release on Twitter are also very important. If you find it too troublesome to browse and search, you can also use TweetDeck to integrate the information flow.

Step 4: Learn to analyze new projects

At this point you have learned about a project that may have great potential from community friends. Now you need to consider how to analyze a brand new project. Because it does not have on-chain data, the analysis process is the same as above. There are differences, the reference steps are as follows:

• Check the NFT picture to determine the quality and whether it conforms to the player's aesthetic and trend. Pay special attention to whether the item isstealpicture
• Check the project party's Twitter. The main reference factors are: the number of followers, interaction activity, and whether any big shots you follow have followed the project. Preliminarily observe the quality of the project party's Twitter interaction to determine whether it is a robot.
• Use TwitterScan to check the number of whales following the project, and cooperate with the first step to analyze whether the project party uses robots to increase activity.
• Join the project team's Discord to observe members' activity levels and chat topics, the project team's mod's response speed and accuracy, Discord operations, etc.
• Check the official website of the project party. From the overall design and details of the official website, you can see whether the project party is working seriously. Those websites that are modified directly using templates can basically be passed. In addition, the design concept, team, FAQ, etc. of the project can also be found on the website. Finding these can help you distinguish between good and bad projects. Judge the project's development potential, RUG probability, etc. based on the team behind the project.
• Observe the project party’s operational methods and joint publicity with other projects and KOLs
• Track the operations of the "Smart Wallet" while on Mint, use NFT Flips to view Mint and secondary market conditions, and wait for opportunities.
• After Mint, observe the trading frequency and pull strength, and choose short-term operations.
• Subsequently, choose the appropriate operation route based on community sentiment.

Step 5: Try to evaluate the pros and cons of the project solution and give suggestions for improvement

After you have seen enough projects, you will have your own unique understanding of this industry, and then you can make judgments on certain projects. Of course, I hope that all of this is based on basis, not just "I think".

To summarize the reasons for the success or failure of a certain project, what are the differences between the solutions of several projects, why they are designed in this way, what problems are they designed to solve, and how can their defects be improved... When you are used to exploring things You will find that this industry is actually very pure and simple.

Step 6: Create your own personal IP

No matter which track you choose, I recommend you to record your learning content. If you like to write short articles, use Twitter, if you like to write long articles, use Mirror, and if you like to record videos, choose YouTube. In short, let more people watch it. To you, this will be of great help to you.

You may meet like-minded peers because of this content, or you may be approached by the project team to invite you to join their team, or it may become a very important basis for you when applying for a job. Web3 is a land of chaos, and there are too few things of real value here. Believe me, as long as you work hard enough, you will be discovered and gain the wealth and honor you deserve.

Step 7: Join an organization/Create an organization

It is too lonely to move forward alone. You need partners and organizations. Maybe it can give you emotional support, maybe it can give you material support, maybe it can give you more thinking. In any case, a good team is of great benefit to your personal growth.

One thing to note here is that all your work should be respected. Nowadays, many DAOs let you pay for free under the banner of "generating electricity for love", but this is actually free of charge. You have to understand what you want, money? Connections? study? … You can try as many times as you like, but don’t do stupid things all the time.

Some friends will not just be satisfied with participating in other projects, but will personally build a product. This is very worthy of encouragement. Web3 needs excellent Builders. The problem you face at this time will be to organize a team. As a sponsor, you need to spend a long time recruiting suitable partners, knowing each person's characteristics well, and fully mobilizing the enthusiasm of the team to accomplish this task.

If you particularly like Web3 and really want to do something here, you can also contact me and I will give you the help I can, not to mention guidance, but we can grow together.

3. Experience

This chapter will be presented in the form of a question and answer, trying to answer the difficult questions that trouble you.

1. In what form can I participate in Web3?

Friends who have worked in Web2 for a period of time or are about to graduate from college often ask this question. For example, I am working on products and development in a certain large factory, and now I want to enter Web3. What can I do? What should I do now? Woolen cloth?

First of all, the company organizational structure of Web3 is not much different from that of Web2. The positions in product, development, operation, etc. are the same. If your goal is to find a job in a Web3 company, then you can refer to the above "Ecology Map" to learn and master the core knowledge structure of this industry. Technical positions require in-depth study of the "technology stack" module on the map, products require in-depth study of the project's architecture and economic model, and operations focus on the design of various activities for the community and project parties. After thorough research, it will be relatively easy to find a job with a decent salary.

But I think that working in Web3 is only the first layer, and the second layer is to participate in excellent projects (participation here does not mean working for them). There are very few deep participants in Web3 who only work and do not participate in other projects. In the words of a friend of mine, the salary is just your subsistence allowance. The real value of Web3 lies in the excellent projects in the community. You will not gain financial freedom because of a salary that exceeds the industry average, but you may become famous because of your deep involvement in a reliable project. This narrative is no exaggeration, because such things often happen in Web3.

Generally speaking, the project party will give about 80% rights to the project supporters. If you find an excellent project through a series of research and continue to participate, believe me, your returns will be considerable. But it all depends on you finding great projects! All 90% projects in Web3 will die. Finding the pearls mixed in the eyes of fish is a skill you must practice.

The third level is to establish personal IP and contribute to the development of the industry. Compared with tangible wealth, the shaping of personal value is more precious. Personal IP is gradually established in the process of personal development. The articles, videos, projects and conferences you participate in will become the underlying foundation of IP. When you have enough experience and connections, it is time to give back to the industry. .

You can think about future trends and development directions from the perspective of industry layout, do your best to contribute to the development of Web3, launch an excellent product, and pursue higher life value. The information on the chain cannot be tampered with, all your contributions will be recorded, and your contribution to the industry will never be erased.

2. When entering Web3 for the first time, what are some things that the sooner you know the better?

• This is a messy industry, with far more scammers than good people.
• Don’t trust anyone but yourself. The advice I can give you is don’t trust anyone’s investment advice.
• If you don’t go deep into the market, you will never know what the market is like. Any judgments made without practice are just words.
• Pay attention to community sentiment, there is nothing that a FOMO can't solve
• Stop watching people bragging and bitching on Twitter and pay more attention to quality bloggers
• "God-level traders" who accurately predict every big rise or fall usually live on rebates.
• No more than 50 high-quality Chinese Web3 bloggers
• The most direct way for a project to make money is Token, and so do you
• Don't look down on hair-raising, do it when you need to do it, don't do it for nothing, sometimes the profit is very high
• Be brave enough to express your opinion after in-depth research. Don’t be afraid of ridicule. Everyone is a newcomer and there are no experts here.
• Pay attention to wallet security, do not authorize at will, and do not take screenshots of mnemonic phrases, especially your main wallet.
• necessarycontractKnowledge can be of great advantage at certain times
• Being able to sell is more important than being able to buy
• Don't try to convince others of your point of view, be alone and don't do meaningless things
• Although I don’t want to admit it, currently Guoren’s projects are at the greatest risk, and the market is generally not optimistic about Guoren’s projects.

3. How can we prevent being cheated to the greatest extent?

Here you can directly refer to Manwu's"Dark Forest Self-Rescue Manual", and also thank @BTCOld8 for the picture summary:

write at the end

I spent a long time writing this tutorial, checking it word for word so as not to mislead others. I hope it can inspire you. Web3 very much needs more builders to join!

In addition, due to my very limited personal level, it is impossible to explain Web3 clearly in only about 10,000 words. The content of the article will inevitably be a bit overkill, so please treat it dialectically. If you want to communicate with me in depth on certain aspects, please send me a private message and explain your intention. The road to Web3 is not smooth. Thank you for your help and companionship!

Finally, I end with the message written by F2Pool on the last block of the Ethereum PoW era: As long as you have the courage to make a commitment, the world will help you eliminate insurmountable obstacles; to complete your unfinished dreams, the universe will never Suppress your progress, this is the secret.