Recently, the performance of Ethereum ecosystem has been a little sluggish, but I think this is just an adjustment period. In the long run, it still has great potential.

In the past, I mentioned that Ethereum is expected to become the "mother of all chains" and attract more and more companies, institutions and existing ecological protocols to join its second-layer chain construction. At present, it is moving rapidly in this direction, although it is still unknown whether it will succeed in the end. From a business perspective, Ethereum's layout is robust and reasonable. Whether it is the transition from PoW to PoS or the expansion of the second-layer chain, these are typical successful technical examples. At present, the second-layer chain is booming. In addition to companies like Sony, CB, UNI, and ChatGPT's WLD, I think large Wall Street institutions such as BlackRock will also participate in it in the near future. It is even very likely that Web2 giants will choose to join the construction of the Ethereum ecosystem in the near future and contribute to the Ethereum ecosystem. When I mentioned these views in the past, many people did not believe that the Ethereum ecosystem would participate in the construction of the second-layer chain on a large scale, but now it has been proved that more and more companies are making such a choice. From a business perspective, no chain can compare with the foresight of Ethereum's layout.

From the perspective of POS chain decentralization, no chain is currently comparable to Ethereum in terms of decentralization. From my personal perspective, Ethereum's transition from POW to POS is not only a respect for the ecological environment, but also a respect for technology. If the Ethereum ecosystem is placed on any POW chain, it will be difficult to develop.

From the perspective of blockchain decentralization alone, the current market share of Bitcoin is not decentralized in the entire circle. Bitcoin has exceeded 10 million US dollars, and it is just a storage tool for wealth transfer. In another hundred years, it will not contribute more to society than it does now, but Ethereum and other ecosystems are different. They need to bring changes in decentralized finance to the world. Defi and Rwa are the cornerstones of blockchain technology in the long run. If Bitcoin is regarded as gold, there is no qualitative difference between gold 5,000 years ago and gold today. Bitcoin is the starting point of blockchain technology, but it is not or will not become the end point, nor should it become the end point.$BTC $ETH $SOL #BTC☀