1. There are several major schools of thought in the Bitcoin ecosystem, including the BitVM series, Lightning Network series, and sidechain series. Babylon can form its own school according to its application scenarios 2. Merlin can only represent the decline of the sidechain route, not the Bitcoin ecosystem 3. Currently, there are still many large project parties with abundant funds in the Bitcoin ecosystem, such as Bitlayer, Citrea, BOB, etc 4. The BitVM genre will have a significant landing in a few months