💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Recently, a shocking news has emerged in the Crypto Assets industry. A well-known individual proactively provided proof of their main Crypto Assets to Bloomberg in order to make it onto their list of crypto billionaires. This move not only revealed their astonishing asset scale but also sparked controversy over the level of Decentralization of certain Blockchain projects.
It is reported that this individual holds approximately $3 billion in Bitcoin (BTC) and Ethereum (ETH), as well as over 60 billion TRX coins. This amount accounts for 63% of the total TRX supply, valued at up to $20 billion. This data has caused a huge uproar in the crypto community as soon as it was exposed.
It is well known that TRX is a self-proclaimed decentralized public chain project. However, the fact that an individual holds such a high proportion of tokens raises questions about its true level of decentralization. Some commentators have bluntly stated that in this case, TRX is more like a "single-player chain" rather than a truly decentralized network.
This event has once again sparked discussions in the crypto assets community about true decentralization. To what extent must the distribution of tokens be considered decentralized? What impact does a single entity holding a large proportion of tokens have on the long-term development of a project? These questions are worth deep consideration by the industry.
In any case, the public disclosure of asset proof not only reveals the scale of personal wealth but also provides a profound case study for the governance structure of the entire Crypto Assets industry and the concept of Decentralization. As the Crypto Assets industry continues to develop, how to strike a balance between technological innovation and the concept of Decentralization will become an important topic that needs to be continuously discussed in the future.