Lol. Crypto industry first creates problems that shouldn't even be there in a good design. Instead of fixing the design, it takes the problem for granted and creates a whole new sub-industry to "solve" it. MEV is another example to add to this list.
Wise Men of Gotham.
That said, there are reasons ICP gets suppressed. You’ll notice that if any single ICP feature became widespread, it would essentially wipe out an entire sector of the industry.
Built-in, free oracles—the oracle sector is gone.
Smart contracts can directly sign transactions on other chains—chain-abstraction sector, gone.
Trustless connectivity between any two public chains—the cross-chain bridge sector, gone.
Smart contracts with native, large-capacity storage—data-storage blockchains, gone.
Contracts can directly generate threshold signatures—MPC and embedded-wallet sectors, gone.
The most flexible account-abstraction in the space, able to directly control assets on other chains—AA wallets and multisig wallets, gone.
Transfers are the fastest in the ecosystem with the smoothest UX—high-throughput chain sector, gone.
Reverse gas fees—those touting “use stablecoins to pay gas” as a differentiator, gone.
Full BTC nodes running directly on ICP—the most decentralized and secure BTC integration—BTC L2 sector, gone.
The most advanced identity-based cryptography in the industry—data privacy & encryption sectors, gone.
Native WASM support—making it the best platform for verifying ZKPs; no matter how large the proof, verification costs are nearly zero, and results can be written to any other chain—those assorted ZK tricks invented to work around Ethereum’s limited compute, gone.
A vibe-coding platform whose features and UX are better than those of actual AI companies, with one-click on-chain deployment—the Web3 + AI sector is basically gone too.
The killer part is that ICP would drag the whole Web3 industry from a “tell a story, issue a token, pump, and rug” model back to a “build products, launch for real, and make money” model. No wonder it’s not exactly welcomed. 🤣
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