Have you ever thought about what Ethereum's main blockchain ultimately aims to become?

Actually, the answer has long been clear— a system that can continue to operate even if all founders are gone. This isn't about Vitalik having any issues, but rather the ultimate goal from an architectural design perspective. The true mark of a mature public chain isn't how impressive a single person is, but whether the code, protocol, and consensus can sustain themselves.

From this perspective, all of Vitalik's actions over the years are actually pointing in one direction: decentralized governance, modular architecture, and standardized processes. In other words, making Ethereum resilient enough to survive without its founders. This is the real ambition of a public chain.

But there's an interesting phenomenon in the market. As the underlying technology becomes more "impersonal," people's emotions increasingly need an outlet. While the underlying layer builds eternal protocols, the narratives on the upper layer are frantically seeking the strongest personal symbols—these two are actually complementary. One is responsible for long-term survival, the other for short-term ignition.

This is why some celebrities can stir market waves at certain stages. The system needs stability, but the market needs emotion. A sufficiently decentralized public chain is actually more susceptible to external narratives. The underlying layer is cold, logical code; the upper layer is fiery human stories. Both are indispensable.

By the same token, this also explains why certain cyclical phenomena keep recurring. It's not that the market is immature, but that this is the essence of the market—rational infrastructure and emotional narratives will always coexist.