According to news on November 25, Vitalik, co-founder of Ethereum, said in an interview with Tencent’s “Perspective” that he is worried that if particularly smart people do not do Crypto, those who stay in the Crypto field may not have anything interesting. Thought, the only application is the financial application that everyone has been doing for many years. This will become a situation - issue a coin and set up an exchange; issue another coin and set up an exchange; issue another coin and have a cute dog on it - these things are fun, but If they are the only ones our industry does, then the industry is failing. The challenge for our industry is to make an app that is both meaningful and that many people enjoy participating in. Regarding the question of why there are still no products with practical applications in the Ethereum ecosystem and the Web3 ecosystem, Vitalik said that transaction fees were too high before this year, some important technologies were not yet mature, and account security and privacy issues were not resolved. Therefore, before this year, our The industry does not have enough technology to make applications that ordinary people can participate in. One of the reasons why the only successful application is DeFi is because more money can be made in DeFi. This year, we finally started to address these issues. There’s never been a better time to make meaningful applications this year.