Degen

🔹#ETH

Vitalik shared on Warpcast that for the application layer to truly thrive, it needs to be grounded in a strong social philosophy and built by developers who genuinely believe in decentralization. He cited Railgun, Farcaster, Polymarket, and Signal as examples of well-aligned applications. In contrast, he pointed to Pumpfun, Terra/Luna, and FTX as examples of poor applications, emphasizing that the difference lies in the underlying intentions and beliefs of the developers behind each project.