Vitalik Buterin, co-founder of Ethereum, said in a keynote speech titled "What Excites Me About the Next Decade" on the first day of the TOKEN2049 main venue: People often say that encryption is still in its early stages and we are still building infrastructure. Indeed, how long did it take for something like the Internet to come to fruition? I think people have been saying this almost since the launch of Bitcoin. And one of the realistic challenges we face now is that today's encryption field is no longer in its early stages. Ethereum as a project has existed for more than 10 years, and in the 15 years since the birth of Bitcoin, we have seen things like ChatGPT develop from complete non-existence to a sudden rise, completely changing people's understanding of artificial intelligence. Therefore, we have to ask ourselves a question, that is, how should we view all this? Are we really still in the early stages? My answer to this question is that I don't think we are early in the encryption field, but we are indeed in a special stage.