在流量红利尚在的阶段，交易规模的扩张可以掩盖效率与分配问题；但当新增用户放缓、使用频率趋稳，平台增长就不可避免地从规模扩张转向单位变现。这一转变，使抽佣的性质发生了变化。它不再只是对撮合价值的回报，而逐渐承担起补增长的角色。
Over the past year or two, I’ve seen many organizations, large and small, implement passkeys (which is great, thank you!) and use the PRF (Pseudo-Random Function) extension to derive keys to protect user data, typically to support end-to-end encryption (including backups).
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If you prefer the best Galaxy phone in the lineup, you can also score the Galaxy S26 Ultra (256GB) for free, but you'll need to coordinate a qualifying device trade-in and add a new line to any Unlimited Ultimate plan. We'll leave that up to you to decide. Either way, getting a brand new Galaxy device for free almost feels like a crime.
他寫道：「托托（Toto）正在警戒，但一切安好。」