Wu said that the Cosmos team has announced the decision to suspend the plan to launch the EVM platform on Cosmos Hub and will re evaluate the relevant path. The team stated that building a VM is costly and has a significant impact on the existing user experience, which is not in line with the core advantages of the Cosmos multi chain interconnected ecosystem. In the future, we will focus on providing services through IBC and strengthen the role of Hub in the L1 service market.