There seems to be a misconception in our industry regarding the high performance of blockchain. This is also a consensus within the industry: the faster and cheaper the underlying public blockchain, the better. Blockchain is becoming increasingly faster and cheaper, but is this really useful? After so many years of development, from the public blockchain wars of 2018 to the current Layer 2 battles, it seems another batch of high-performance public blockchains has emerged. The question then arises: is this pursuit of high performance truly the right thing to do? Frankly speaking, our underlying infrastructure is still far from being able to support high-frequency, large-scale blockchain applications. Here are some data points to make things clear: 1️⃣ Early blockchain applications, such as DeFi lending and NFTs, only require 100 to 500 TPS (transactions per second). 2️⃣ Mid-sized applications, like blockchain games and crypto payments, require approximately 1,000 to 5,000 TPS. 3️⃣ If truly large-scale applications emerge later, such as stablecoin payments or social scenarios, then 5,000 to 20,000 TPS will be needed. 4️⃣ For globally widespread applications to emerge in the future, TPS will need to reach the 100,000 level. In short, blockchain applications haven't reached the point of explosive growth yet. The threshold for application explosion is roughly 5,000 to 10,000 TPS to truly support the explosion of large-scale applications. Currently, Solana and Ethereum's Layer 2 are the closest to this threshold. However, we cannot ignore another important ecosystem: the Bitcoin ecosystem. Bitcoin is the gateway for traditional finance and capital to enter the blockchain space, and it's also the first blockchain asset most people encounter. In the future, Bitcoin will be positioned as an interest-bearing and liquid financial asset. Therefore, the Bitcoin ecosystem also needs a higher-performance application chain. Many projects are already working on this, the most typical being Goat Network. @GOATRollup This Bitcoin Layer 2 was upgraded on December 19th, reducing costs by over 95%, which is essentially paving the way for the future explosion of the Bitcoin ecosystem. The adage "to get rich, build roads first" also applies to the blockchain industry.