The blockchain sector is constantly evolving in an increasingly competitive and now crowded environment. In response to this situation, some projects are currently making light of the situation on X, apologizing for having provided robust infrastructure.
Polkadot, ICP, and Taiko Offer Their Apologies
The number of blockchains purported to outperform their predecessors has continued to rise over time, ever since the emergence of a wave of “Ethereum killers” in the 2020s. It’s a highly competitive sector, a significant portion of which now takes the form of Layer 2 solutions… associated with Ethereum.
In this context, some projects are struggling to stand out. Is this why the Polkadot, Internet Computer (ICP), and Taiko projects have just posted apologies on X? The question naturally arises. Indeed, nearly identical statements of this kind have just appeared on several official accounts, with the key message being to “apologize” to their communities. However, an ironic undertone quickly emerges in light of what appears more like an effort to assert the power of the blockchains involved.
“We sincerely apologize”
This effort was apparently initiated by the Layer 2 platform Taiko, with a post dated November 11 apologizing for having “made creation on Ethereum too easy.” Perhaps this is a way to divert attention from the collapse of its total value locked (TVL), which has fallen by more than 99% since its peak last December at $430 million, with the current amount estimated at… $1.5 million.
It seems that our data-driven rollup architecture created too much freedom, compatibility, and ease of use. We sincerely apologize.
Taiko
We’re sorry pic.twitter.com/lOziea0RoH
— Taiko.eth (@taikoxyz) November 11, 2025
This was an opportunity for Polkadot (DOT) to echo the sentiment by apologizing for having “made blockchains a little too unreliable,” with an ecosystem touted as highly scam-resistant that reportedly prompted “everyone to rush to decentralize, add ‘on-chain’ to everything, and wonder why their token holders suddenly expect to have a say.”
So yes, we’re sorry for making Web3 a place where trust must be earned, not assumed.
Polkadot
As for ICP, the post dedicated to these half-hearted apologies is billed as “unofficial.” The culprit? “An AI that writes its own code on the blockchain,” whose goal was not to “make your computer science degree obsolete so quickly.” It’s an opportunity to promise to “try not to be years ahead of everyone else anymore.”
An exercise with an obviously humorous tone that could, however, come across as a somewhat desperate attempt to claim a status and performance that the crypto community does not recognize at its true value.
