2026-01-05 07:30:41

In the Web3 DePIN ecosystem, I’ve been through the ups and downs. I started with no knowledge and encountered a variety of projects. Over the past two years, I’ve diligently learned many technical details. Now I have some understanding and am more cautious when evaluating projects.

When I come across DePIN projects whose source code is not open source, my habit is to wait first. Once the source code is released, I study it thoroughly before deciding whether to participate. This way, the chances of running into pitfalls are greatly reduced.

By the way, if someone is looking for high-performance graphics cards—gaming cards, AI computing cards, or mining cards—I have experience with all of them. Whether it’s delivery or subsequent maintenance, feel free to contact me if needed. Hardware is indeed a core resource in the DePIN ecosystem, and choosing the right supplier can save a lot of trouble.

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ShitcoinConnoisseur

· 01-05 12:38

Code not open source and just staying put, this habit has really saved me several times For projects that are not open source, I am also a wait-and-see person; anyway, it's better to catch the right moment than to rush early Choosing the wrong hardware can indeed be deadly; DePIN is all about paying attention to details After two years of hard work, I realize that the barrier to entry in this ecosystem is still quite high Projects that don't dare to share their code, what does that say... I avoid all of them I think the key step is when the source code becomes public, to avoid being caught later Choosing the right graphics card supplier can really save a lot of trouble; I agree on this point Only after open sourcing do we study; risk awareness must be tightly controlled For DePIN to be stable, both hardware and code must pass the test The way to reduce pitfalls is like this, just wait and see

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ShibaOnTheRun

· 01-05 08:00

This idea is correct. If it's not open source, just wait. Anyway, there are so many DePIN projects, no need to rush this wave. Not open sourcing the code and still daring to invest money is indeed playing with fire. The hardware supply chain is tightly controlled. Finding the right people can definitely help avoid pitfalls. I've come across a few good DePIN projects before, but the key is to review the code yourself before taking action. Are there any supplies available now? How's the recent graphics card market?

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OvertimeSquid

· 01-05 07:59

The code is not open source for now, but this move can indeed avoid many pitfalls. I think hardware is reliable; without good GPU suppliers in DePIN, it's really hard to go far. These past two years, I have truly learned a lot—from knowing nothing to now being able to see through the tricks, it's worth it.

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GasFeeWhisperer

· 01-05 07:57

Really, before open source, everyone was just gambling... I've also fallen into too many pits. --- Daring to go all-in without open-sourcing the code, how big must that mindset be? --- Hardware suppliers really hold the key, choosing the wrong one makes subsequent maintenance a nightmare. --- Waiting for the source code saved me a lot of trouble; now those black-box projects are all trembling. --- Graphics cards, cheap ones and genuine ones are worlds apart; you need to find someone who knows what they're doing. --- From random guesses at the start to now learning to read code, this process has really been costly. --- Playing without open source is just giving money to others. --- DePIN hardware is too complex; one wrong move and you'll get badly scammed.

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ConsensusDissenter

· 01-05 07:51

If the code isn't open source, then just wait. You've developed this habit well, saving yourself a lot of IQ taxes.

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BearMarketNoodler

· 01-05 07:47

This attitude is quite impressive; a calm and unhurried style indeed tends to last longer. Those who go all-in on black box projects right away are basically contributing to others.

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PaperHandSister

· 01-05 07:43

If the code is not open source, then just wait and see. This attitude is fine, but I think just looking at the source code is not enough. You also need to consider the community activity, right? You’ll understand after paying more tuition fees for pitfalls, haha. Hardware is indeed a bottleneck, but choosing the wrong supplier is more costly than choosing the wrong project.

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PortfolioAlert

· 01-05 07:40

Closed-source projects are an immediate pass; I've seen this trick too many times. Raising funds without open-sourcing the code, they must not have a clear understanding. Hardware supply is indeed a bottleneck, but it’s important to distinguish clearly. Having stepped on pitfalls in DePIN, I realize that caution is truly not unnecessary. I won't believe anything until I see the source code.

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In the Web3 DePIN ecosystem, I’ve been through the ups and downs. I started with no knowledge and encountered a variety of projects. Over the past two years, I’ve diligently learned many technical details. Now I have some understanding and am more cautious when evaluating projects.

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In the Web3 DePIN ecosystem, I’ve been through the ups and downs. I started with no knowledge and encountered a variety of projects. Over the past two years, I’ve diligently learned many technical details. Now I have some understanding and am more cautious when evaluating projects.

Trending Topics

Gate2025AnnualReport

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Hot Gate Fun

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爹来了

2026

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Your First Words Matter! Share your first post on and split $10,000 in New Year rewards. Post with #My2026FirstPost to share your New Year wish 2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you! Ends on Jan 15, 2026, 16:00 UTC 2026 starts with this post!

Your First Words Matter!
Share your first post on and split $10,000 in New Year rewards.
Post with #My2026FirstPost to share your New Year wish
2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you!
Ends on Jan 15, 2026, 16:00 UTC
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