If Bitcoin fails, the cryptocurrency industry will also fail, but if Ethereum fails, the cryptocurrency industry will not fail but become boring," said Cosine (Cos), founder of SlowMist, a blockchain security firm, via X. He added, "If Ethereum fails, all public chains running smart contracts will suffer a similar fate, and the cryptocurrency industry, with only Bitcoin remaining, will become truly boring. If popular areas such as stablecoins or real-world assets (RWA) do not revolve around Ethereum, other mature public chains should be able to replace them. Because of this, the industry needs to pay more attention to security. We should not be disappointed with the entire industry due to security issues, and no one should be forced to leave the industry."
