The first-mover advantage of Ethereum, in that era when there was only Bitcoin, its smart contract mechanism was like a catfish in the market, injecting new vitality and imagination. However, now this mechanism can no longer bring imagination to the market, racing forward without brakes, leaving users behind.

Without a qualitative change in innovation, no matter how hard one tries, it's just a dying struggle.

In simple terms, it is about generating a new wealth effect!