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A shocking data point: nearly 80% of hacked crypto projects have never recovered their market value and user confidence to pre-incident levels. This is not just a numerical loss, but a complete collapse of the value system and a lifelong verdict on trust.
The seemingly invincible "code is law" myth has crumbled in the face of repeated hacker intrusions. It ruthlessly exposes the fatal vulnerabilities of most current blockchain protocols when facing organized attacks—rough economic model design, governance structure flaws, and superficial code audits.
Interestingly, against this backdrop, a category of "alternative" projects has begun to attract attention. Those blockchain protocols that have held themselves to the strict standards of traditional financial systems from inception are showing different potential in rebuilding trust.
Dusk Network (DUSK) is such a case. Its goal is clear: to build infrastructure for regulated institutional finance. Its obsession with security is almost obsessive—not blindly pursuing the utopia of "absolute decentralization," but insisting on "verifiable, auditable, attack-resistant certainty."
In an industry where hacker attacks have become a "common disease," this kind of "conservatism" and "caution" might just be the best medicine for healing trust wounds.
**Why do hacker attacks cause such deep harm?**
On the surface, it's asset theft; in essence, what is destroyed is the most precious asset of the project: user confidence. This destruction is multi-dimensional:
Trust at the technical level is completely shattered. The emergence of vulnerabilities proves the sloppiness of audit processes, and the claimed "trustless" mechanism is actually a house of cards. The governance layer also collapses—users begin to doubt the project's safety responsibility awareness and emergency response capabilities. The fragility of the business model is also laid bare.
When the trust chain breaks, the cost of rebuilding becomes infinitely high. Most projects fall into a spiral decline after incidents because the market provides them with extremely limited recovery windows.
At this point, those projects that have always regarded security as a first principle become even clearer in their value logic. They do not gamble on rapid innovation but bet on certainty and reliability—precisely what institutional users and regulatory environments find most scarce.