Darwin's Theory Applied to Cryptocurrencies

达尔文理论应用于加密货币

Darwin's evolutionary theory posits that adaptability to one's environment is crucial for survival. The same principle applies to cryptocurrencies, where survival depends on the health and structure of their ecosystems. To ensure their longevity, developers must prioritize building robust underlying networks.

达尔文的进化论认为，对环境的适应对于生存至关重要。同样的原则也适用于加密货币，其生存取决于其生态系统的健康和结构。为了确保其寿命，开发人员必须优先考虑构建强大的底层网络。

Defining Crypto Health

定义加密健康

Unlike living organisms, crypto health is determined by specific factors within the web3 ecosystem.

与生物体不同，加密货币的健康状况是由 web3 生态系统中的特定因素决定的。

• Distribution: The number of token holders diversified across a wide range of wallets.
• Transaction Variety: The frequency and diversity of transactions, indicating a sustainable level of activity.
• Token Flow: The movement of tokens between wallets, reflecting the existence of meaningful transactions.

Avoiding a single dominant holder is crucial, as it inhibits transactions and undermines token value.

分布：不同钱包中代币持有者的数量多样化。交易多样性：交易的频率和多样性，表明活动的可持续水平。代币流向：代币在钱包之间的移动，反映有意义交易的存在。避免单一的主导持有者至关重要，因为它会抑制交易并削弱代币价值。

Measuring Network Health

测量网络健康状况

Blockchain's open-source nature allows for tracking of transactions and measurement of network health parameters. By analyzing these metrics, we can identify thriving and declining ecosystems. Patterns associated with manipulation or crime can also be detected, increasing token risk.

区块链的开源性质允许跟踪交易和测量网络健康参数。通过分析这些指标，我们可以识别繁荣和衰退的生态系统。与操纵或犯罪相关的模式也可以被检测到，从而增加代币风险。

Bitcoin and Polygon: Success Stories

比特币和 Polygon：成功案例

Bitcoin (BTC) has established a healthy network with approximately 106 million holders and a 58% share of the total crypto market cap. Its high transaction volume (over 400,000 daily in 2024) contributes to its stability and value.

比特币（BTC）已经建立了一个健康的网络，拥有约 1.06 亿持有者，占加密货币总市值的 58%。其高交易量（2024 年每日超过 40 万笔）有助于其稳定性和价值。

Polygon (MATIC) has also built a robust network with over 633,588 wallets holding its token. Its regular transactions (over 4,100 daily in 2024) and varied usage indicate its strength.

Polygon (MATIC) 还建立了一个强大的网络，拥有超过 633,588 个持有其代币的钱包。其定期交易量（2024 年每天超过 4,100 笔）和不同的使用情况表明了其实力。

Dogecoin: A Cautionary Tale

狗狗币：一个警示故事

While initially experiencing popularity, Dogecoin (DOGE) has failed to establish a healthy network. Its price spikes have been driven by short-term hype and pump-and-dump schemes. The majority of its holders are concentrated in a small number of wallets (535), demonstrating a lack of transaction diversity.

虽然狗狗币（DOGE）最初受到欢迎，但未能建立健康的网络。其价格飙升是由短期炒作和拉高抛售计划推动的。其大多数持有者集中在少数钱包（535 个）中，表明缺乏交易多样性。

Despite recent surges, Dogecoin remains a high-risk investment due to its unsustainable growth pattern.

尽管最近价格飙升，但由于其不可持续的增长模式，狗狗币仍然是一项高风险投资。

Focus on Network Health, Not Price

关注网络健康，而不是价格

The success of cryptocurrencies depends on the health of their underlying networks. Developers should prioritize building robust ecosystems with sustainable and diverse transactions, rather than solely focusing on price increases. By doing so, they will lay the groundwork for long-term growth and value creation.

加密货币的成功取决于其底层网络的健康状况。开发者应优先考虑建立具有可持续和多样化交易的强大生态系统，而不是仅仅关注价格上涨。通过这样做，他们将为长期增长和价值创造奠定基础。

About the Author:

关于作者：

Simon Peters is the CEO and co-founder of Xerberus, a cryptocurrency risk rating protocol that analyzes token ecosystems using its Wallet Graph™️ technology. Xerberus monitors crypto asset health in real-time through an investor wallet network.

Simon Peters 是 Xerberus 的首席执行官兼联合创始人，Xerberus 是一种加密货币风险评级协议，使用其 Wallet Graph™️ 技术分析代币生态系统。 Xerberus 通过投资者钱包网络实时监控加密资产的健康状况。