Li Lin, founder of the Firecoin Group, said in an interview during the Wuzhen Internet Conference: The real competition in the blockchain industry has not yet begun. I think the biggest bottleneck lies in the balance between innovation and regulation. The balance point of each country is different. Because each country's own national conditions and national strategies will be different, the strategy will be different. Where is the bottleneck? I think it is the balance between innovation and supervision. This is because we understand the industry from a traditional digital perspective. If we must discuss industry competition, we believe that the biggest bottleneck is that we really lack a mechanism to keep us at the forefront of innovation. Let us always maintain a strategic lead. At present, this industry has not yet reached a very steady state, and it is still strategic.