Vitalik recalls the ETH historical low point, DAO incident, and DoS attack that raised security concerns.

Wu Shuo learned that Vitalik Buterin, the co-founder of Ethereum, recalled that Ethereum had experienced a low point of $8 and listed the main concerns of the market at that time. He said that the DAO incident at that time exposed the security issues of Smart Contracts and the overall value proposition of Ethereum, making it considered fundamentally unsafe and impractical. In addition, frequent DoS attacks affected the stability of the Ethereum Virtual Machine (EVM), and no DApp with real value has yet emerged in the ecosystem.