These days, I see a bunch of people talking about "data availability / ordering / finality," and the more nouns there are, the easier it is to get overwhelmed. To put it simply, I focus on one main thread: whether the transaction you see can ultimately be "visible to everyone, ordered properly, and unchangeable." DA is like opening the ledger for people to check, ordering is about who goes first and who goes later without being arbitrarily interrupted, and finality means not reversing the transaction the next day... When the macro environment is tight, I pay more attention to whether these three aspects have strict constraints, rather than just listening to stories.

By the way, the social mining and fan token schemes—"attention as mining"—I think they're not entirely false propositions, but since attention can be easily faked, it ultimately comes down to whether it can be implemented on-chain and whether the rules are enforceable. The group chat today was quite interesting—some people are enthusiastic, others are pouring cold water. I see it as a weather vane, no need to rush.