Sun Yuchen: The governance of algorithms and code can be de-trusted, but the cost is very high
On April 30, at the Meta Crypto Oasis 2025 event held in Dubai on April 29, Sonic co-founder Chris, Nxone founder Becky, 0G co-founder Wu Ming, WIS founder Burger, Memecore CMO Ethan, and Tron founder Justin Sun asked,"Post-human governance era: From rule by man to rule by wisdom, Web3 is the next step in algorithm self-consistency?" This topic was discussed. Justin Sun, founder of Tron, said that the biggest benefit of smart contracts and blockchain code is openness. It is completely transparent, so there is no need to trust, and everyone only needs to verify the code. But at the same time, open source code also provides opportunities for hackers to do evil. In the blockchain world, hackers and fund theft incidents may occur every quarter or week. From this perspective, the governance cost of algorithms and code is still very heavy.
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