To be honest, the biggest joke in blockchain projects right now is shouting the slogan of decentralization while secretly stuffing tokens into small wallets.
But @bubblemaps is quite interesting; it directly visualizes those hidden holding relationships in a bubble chart for you—like stripping the pants off project parties and hanging them on the blockchain for everyone to see.
The key is that this tool is not just talk, but a solid on-chain data visualization.
Each bubble represents a wallet address, with size indicating the holding amount and color revealing relationships.
If the team dares to play tricks with 'fake lock-up', the flow of funds will be clearly illustrated for you.
What’s most impressive is this design concept of 'clusters don’t lie', which opens the algorithm for community audit, letting the data speak for itself.
However, to be honest, many so-called decentralized projects can't even figure out the basic infrastructure.
Bubblemaps has at least achieved three reliable points:
1) The data source directly reads from multi-chain nodes, avoiding centralized pollution;
2) The visualization engine is distributed, with no single point of failure risk;
3) The interactive interface allows novices to check whale holdings.
Although I haven’t seen the details of the white paper, this approach of making transparency a core competitive advantage is indeed much stronger than those projects that just talk big all day.
Of course, there are also risks—if their servers are still centralized, what's the difference from those projects they expose?
It’s recommended to fully decentralize the computing nodes next, and create a token to incentivize community participation in data verification.
After all, in the blockchain world, if you want others to believe your promise of decentralization, just having a nice bubble chart isn’t enough...
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$BMT #Bubbblemaps #BMT