區塊鏈安全，永久通貨膨脹和風險：深入潛水

探索區塊鏈安全性，永久性通貨膨脹和固有風險之間的不穩定平衡，並從最近的分析中得到了見解。

Blockchain Security, Perpetual Inflation, and Risks: A Deep Dive

區塊鏈安全，永久通貨膨脹和風險：深入潛水

In the ever-evolving world of blockchain, the interplay between security, perpetual inflation, and associated risks is a hot topic. Let’s break down the key concerns and what they mean for the future of decentralized systems.

在不斷發展的區塊鏈世界中，安全性，永久通貨膨脹和相關風險之間的相互作用是一個熱門話題。讓我們分解關鍵問題及其對分散系統的未來意味著什麼。

The Perils of Perpetual Inflation

永久性通貨膨脹的危險

Perpetual inflation, or tail emission, is often floated as a way to keep miners and validators incentivized, especially when transaction fees aren't enough. But as Christopher Bendiksen from CoinShares pointed out in a recent analysis (September 16, 2025), this approach has some serious flaws. The biggie? It's impossible to predict the future value of these tokens, making it a shaky foundation for long-term security.

永久通貨膨脹或尾部發射通常是作為使礦工和驗證者激勵的一種方式，尤其是在交易費用不足的情況下。但是，正如Coinshares的Christopher Bendiksen在最近的分析中指出（2025年9月16日），這種方法存在一些嚴重的缺陷。大？不可能預測這些代幣的未來價值，這使其成為長期安全的基礎。

Monero's Cautionary Tale

蒙羅的警示故事

Take Monero, for example. They use tail emission, but they've had some security hiccups recently, including re-organization events. While initially thought to be 51% attacks, they were more likely selfish mining incidents. This highlights that just pumping out more tokens doesn't guarantee a secure network.

以Monero為例。他們使用尾部排放，但最近有一些安全打ic，包括重組活動。雖然最初被認為是51％的攻擊，但它們更可能是自私的採礦事件。這突顯了僅泵出更多令牌並不能保證一個安全的網絡。

Bitcoin's Long-Term Security: A Fee-Based Future?

比特幣的長期安全：基於收費的未來？

Bitcoin, with its finite supply, is banking on transaction fees to keep miners happy once all the coins are mined. But right now, those fees are way lower than block subsidies. Whether fees alone will cut it is still up in the air, making Bitcoin's long-term security a bit of a gamble on market demand.

比特幣具有有限的供應，一旦所有硬幣被開採，都將依靠交易費用，以使礦工感到高興。但是目前，這些費用低於塊補貼。僅憑費用是否會削減，它仍然在空中上升，這使得比特幣的長期安全性在市場需求上有點賭博。

Market Forces vs. Engineering Fixes

市場力量與工程修復

Bendiksen argues that trying to engineer security through supply tweaks or perpetual tail emission is a shot in the dark. These things depend on market dynamics, which are notoriously unpredictable. He suggests we should be wary of messing with Bitcoin’s core monetary properties and let the market do its thing.

本尼克森認為，試圖通過供應調整或永久尾部發射來設計安全性是在黑暗中拍攝的。這些事情取決於市場動態，眾所周知，這些動態是不可預測的。他建議我們應該警惕與比特幣的核心貨幣財產混亂，並讓市場做事。

Plume's Proactive Security Measures

羽流的主動安全措施

It's not all doom and gloom, though. Some projects are taking proactive steps to beef up security. Plume, a blockchain for real-world assets, recently partnered with Octane, an AI-powered security platform (September 10, 2025). This integration allows for continuous security scans during development, catching vulnerabilities before they become a problem. In fact, Octane found 192 issues, including a critical one in the Mystic project, showcasing the value of this approach.

不過，這並不是厄運和憂鬱。一些項目正在採取積極的步驟來加強安全性。 Plume是現實世界中資產的區塊鏈，最近與AI驅動的安全平台Octane合作（2025年9月10日）。這種集成允許在開發過程中進行持續的安全掃描，在成為問題之前捕獲漏洞。實際上，Octane發現了192個問題，其中包括神秘項目中的關鍵問題，展示了這種方法的價值。

SHIB Transfer Surge: A Volatility Warning?

SHIB轉移激增：波動性警告？

And then there are those moments that make you raise an eyebrow. Remember the SHIB transfer surge? A whopping 7.17 trillion SHIB tokens moved in a single day. According to COINOTAG's analysis, this kind of activity usually signals whale redistribution or exchange flows, often leading to short-term price swings rather than a sustained bull run. It's a good reminder to keep a close eye on on-chain indicators and not jump to conclusions.

然後有這些時刻使您揚起眉毛。還記得什布轉移激增嗎？一天中，高達7.17萬億的什布令牌在一天之內移動。根據Coinotag的分析，這種活動通常標誌著鯨魚再分配或交換流，通常會導致短期價格波動，而不是持續的公牛運行。這是一個很好的提醒，請密切關注鏈上的指示器，而不是得出結論。

Final Thoughts

最後的想法

Navigating the world of blockchain security, perpetual inflation, and potential risks is no easy feat. From my perspective, relying solely on perpetual inflation seems like trying to bail out a leaky boat with a sieve. While proactive security measures, like Plume's partnership with Octane, offer a glimmer of hope, keeping a close watch on market signals, like the SHIB transfer surge, is crucial.

在區塊鏈安全，永久通貨膨脹和潛在風險的世界中導航並非易事。從我的角度來看，僅依靠永久性通貨膨脹似乎是試圖用篩子救出漏水的船。儘管像Plume與Octane的合作夥伴關係一樣，採取了積極的安全措施，它提供了一線希望，並密切關注市場信號，例如Shib Transfer Surge，這至關重要。

So, what's the takeaway? Blockchain security isn't a set-it-and-forget-it kind of thing. It's a constant balancing act, and staying informed is your best bet. Keep your eyes peeled, your wits about you, and who knows? Maybe we'll all make it to the moon (or at least avoid getting rug-pulled).

那麼，收穫是什麼？區塊鏈安全不是一種設置和驗證的東西。這是一個不斷的平衡行為，保持知識是您最好的選擇。保持眼睛剝皮，對您的智慧，誰知道？也許我們所有人都將其登上月球（或至少避免被地毯拉出）。