On November 13, the Bitcoin Next Summit hosted by Bitlayer officially opened in Bangkok. The core topics of this summit were the next Bitcoin upgrade and BTCFi. Among them, Kevin He, co-founder of Bitlayer, delivered a speech on the theme of the next Bitcoin upgrade at the summit. He proposed that the urgent need for innovation in Bitcoin governance is that "it is difficult to reach a consensus on the Bitcoin soft fork mechanism itself." He emphasized that in order to promote the sustainable development of Bitcoin, it is necessary to seek innovation in governance methods to promote more efficient decision-making processes and wider community participation. At today's Bitcoin Next Summit, many first-line Bitcoin ecosystem builders and industry leaders will share their deep insights on the forefront of Bitcoin technology and the next upgrade, and jointly discuss the current BTCFi pattern and trends.