Telegram 是加密貨幣的採用機器

K33 Research 的研究分析師 David Zimmerman 表示，Telegram 正在吸引大眾，並開創了公共區塊鏈的新時代。

Telegram is playing a pivotal role in driving crypto adoption on a massive scale, thanks to its integration with The Open Network (TON) blockchain, according to David Zimmerman, a research analyst at K33 Research.

K33 Research 的研究分析師 David Zimmerman 表示，由於 Telegram 與開放網路 (TON) 區塊鏈的集成，Telegram 在推動加密貨幣大規模採用方面發揮關鍵作用。

In his view, Telegram and a handful of independent developers have made more progress in onboarding the masses to crypto than the $100 billion in venture capital that has poured into the space since 2014.

在他看來，Telegram 和少數獨立開發商在引導大眾進入加密貨幣方面取得的進展比 2014 年以來湧入該領域的 1000 億美元風險投資還要多。

“I argue that Telegram and a handful of independent developers have made more progress in onboarding the masses to crypto than the $100 billion in venture capital that has flooded the space since 2014,” Zimmerman wrote in a CoinDesk guest post.

Zimmerman 在 CoinDesk 的客座貼文中寫道：“我認為，Telegram 和少數獨立開發商在引導大眾進入加密領域方面取得的進展比 2014 年以來湧入該領域的 1000 億美元風險投資還要多。”

While crypto enthusiasts have long anticipated a “killer app” that will introduce the rest of the world to digital assets, the analyst suggests that Telegram may already be fulfilling this role.

雖然加密貨幣愛好者長期以來一直期待一款「殺手級應用」能夠向世界其他地區介紹數位資產，但分析師表示 Telegram 可能已經在履行這一角色。

“Listen to any crypto podcast or convention panel, and you will hear crypto natives speak of a killer app yet to come that will onboard the rest of the world. But what if it is already here?” he wrote.

「聆聽任何加密貨幣播客或會議小組，您都會聽到加密貨幣原住民談論即將出現的殺手級應用程序，該應用程式將出現在世界其他地區。但如果它已經在這裡了怎麼辦？他寫了。

According to Zimmerman, Telegram is tackling three key issues that have hindered crypto adoption: poor user experience (UX), limited real-world utility, and terrible distribution.

Zimmerman 表示，Telegram 正在解決阻礙加密貨幣採用的三個關鍵問題：糟糕的用戶體驗 (UX)、有限的現實實用性和糟糕的分發。

“Through its support for and integration of TON, Telegram is addressing all of these issues and more,” he stated.

「透過對 TON 的支援和集成，Telegram 正在解決所有這些問題以及更多問題，」他表示。

In the early days of crypto, the focus was on niche tech development that primarily served speculators and lacked real-world utility, the analyst noted. However, with the arrival of spot ETFs and firms like BlackRock opening up funds focused on asset tokenization, the time for crypto to evolve has come.

這位分析師指出，在加密貨幣的早期，重點是主要服務投機者且缺乏現實世界實用性的利基技術開發。然而，隨著現貨 ETF 的出現以及貝萊德等公司開設專注於資產代幣化的基金，加密貨幣發展的時機已經到來。

“Telegram combined its messaging app boasting 800 million monthly active users, a blockchain providing rails for crypto adoption in TON, and a native wallet bot known simply as Wallet,” Zimmerman wrote.

Zimmerman 寫道：“Telegram 結合了其擁有 8 億月活躍用戶的訊息應用程式、為 TON 中加密貨幣採用提供軌道的區塊鏈，以及簡稱為 Wallet 的原生錢包機器人。”

“Many crypto pitch decks vaguely romanticize the notion of ‘merging Web2 and Web3,’ Telegram is actually doing it.”

“許多加密貨幣宣傳片都模糊地浪漫化了‘融合 Web2 和 Web3’的概念，而 Telegram 實際上正在這樣做。”

In his view, stablecoins are crypto’s greatest product to date, and with native USDT on TON since April, the seamless transfer of value P2P became a reality.

在他看來，穩定幣是加密貨幣迄今為止最偉大的產品，自 4 月以來，隨著 TON 上原生 USDT，價值 P2P 的無縫轉移成為了現實。

“Users can send crypto to their friends as easily as sending a message on WhatsApp. This is a smoother UX than neobanks like Venmo or Revolut, and lightyears ahead of traditional banks,” the analyst stated.

「用戶可以像在 WhatsApp 上發送訊息一樣輕鬆地向朋友發送加密貨幣。這是比 Venmo 或 Revolut 等新銀行更流暢的用戶體驗，比傳統銀行領先數光年。

However, the opportunity for onboarding 100s of millions to crypto likely comes through Telegram’s Mini Apps — an open platform for businesses to build and deploy crypto-friendly apps, according to Zimmerman.

然而，Zimmerman 表示，讓數百萬人使用加密貨幣的機會可能來自 Telegram 的迷你應用程序，這是一個供企業構建和部署加密友好應用程式的開放平台。

“This will enable crypto teams to distribute their product to non-crypto-natives while the end user will not necessarily know they are using a crypto product — whether that is a fun mobile game or a DeFi protocol,” he wrote.

他寫道：“這將使加密貨幣團隊能夠將他們的產品分發給非加密貨幣本地人，而最終用戶不一定知道他們正在使用加密產品——無論是有趣的手機遊戲還是 DeFi 協議。”

Telegram solidified its place in crypto long ago, the analyst noted. It is a popular platform among crypto natives used to keep in touch or share ideas, and it is usually the first social media channel new crypto projects set up along with their X account.

這位分析師指出，Telegram 很久以前就鞏固了其在加密領域的地位。它是加密貨幣原住民中用於保持聯繫或分享想法的流行平台，並且通常是與其 X 帳戶一起建立的新加密貨幣項目的第一個社交媒體管道。

“Recently, it became more than that for on-chain traders,” Zimmerman stated.

「最近，它變得不僅僅是鏈上交易者的問題，」齊默爾曼說。

A new generation of Telegram trading bots changed crypto UX forever, and perhaps changed on-chain trading forever, he added.

他補充說，新一代 Telegram 交易機器人永遠改變了加密貨幣用戶體驗，或許也永遠改變了鏈上交易。

“Buying/selling, setting limit orders, scanning new projects, sniping new launches, and copy trading ‘smart money,’ all became simple with a single command,” the analyst wrote.

“買入/賣出、設置限價單、掃描新項目、狙擊新產品發布以及複製交易‘智能資金’，只需一個命令就可以變得簡單，”分析師寫道。

“Having a Telegram bot comprehensively freeing me from the most frustrating UX issues of on-chain trading was a breath of fresh air. It was one of the very rare times a crypto product made me say ‘wow, this is great.’”

「Telegram 機器人將我從鏈上交易中最令人沮喪的用戶體驗問題中解放出來，讓我呼吸到了新鮮空氣。這是非常罕見的一次加密產品讓我說‘哇，這太棒了。

It did, however, make altcoin trading much more competitive and spurred on what I consider the “proliferation of altcoins,” according to Zimmerman.

然而，齊默爾曼表示，它確實使山寨幣交易更具競爭力，並刺激了我所認為的「山寨幣的擴散」。

“Does this mean altcoin trading/investing is dead? Far from it,” he wrote.

「這是否意味著山寨幣交易/投資已經消亡？遠非如此，」他寫道。

“The ease with which newcomers can now interact with smart contracts compared with what I had to do starting out is night-and-day. This, combined with distribution and increasingly useful apps means a new wave of capital flowing into crypto over the coming years.”

「與我剛開始時必須做的事情相比，新人現在可以輕鬆地與智能合約互動。這與分發和日益有用的應用程式相結合，意味著未來幾年將有新一波資本流入加密貨幣領域。

The improvement in UX here cannot be overstated, the analyst added. I say this because I have myself onboarded non-crypto friends through TON's Wallet.

分析師補充說，使用者體驗的改進無論如何強調都不為過。我這樣說是因為我自己透過 TON 錢包結識了非加密貨幣朋友。

“Prior to Telegram’s current infrastructure, I would let out a small sigh at the prospect of trying to teach a friend how to use crypto. Now, thanks to Telegram, I do not see how it could be easier,” Zimmerman wrote.

「在 Telegram 目前的基礎設施出現之前，我會對嘗試教朋友如何使用加密貨幣的前景感到小小的嘆息。現在，多虧了 Telegram，我不認為事情會變得更容易。

So that’s it, Telegram and TON have won, right? Not quite, he added. The improvement in UX and distribution is a big leap forward, but we have yet to see a comprehensive range of consumer-facing apps.

就這樣，Telegram 和 TON 贏了，對嗎？不完全是這樣，他補充道。用戶體驗和分發方面的改進是一個巨大的飛躍，但我們尚未看到全面的面向消費者的應用程式。

“Mini apps are being developed and there is a major incentive for game devs to build a fun Telegram game that captures the

「迷你應用程式正在開發中，遊戲開發者有很大的動力去建立一個有趣的 Telegram 遊戲，以捕捉