Why is there no blockchain technology giant and top public chain in China?

"Whether it is for survival or development, talent is the most important thing." Huawei President Ren Zhengfei said in a speech at this year's research and development graduate recruitment seminar.

It is said that the blockchain is the future of the digital society, but in fact there is still a certain gap between domestic and foreign countries. China has not yet had a blockchain technology giant or a top public chain platform.

As we all know, talents in the blockchain industry are particularly scarce, which is also one of the main reasons hindering the development of the domestic blockchain industry. Looking at the various domestic blockchain projects, perhaps the top theory and R&D team in the blockchain industry is none other than Conflux.

The vernacular blockchain interviewed Ivy, the marketing director of Conflux, and shared with us his views on the shortage of domestic blockchain talents, as well as the situation of Conflux as a representative of the first echelon of domestic blockchain projects in community and ecological construction.

 01 
Compass program
block chain world for young people

Some people say that blockchain is an excellent opportunity for young people in this era.

Earlier this year, the "Conflux Beidou Project · Tianshu" event hosted by the Shanghai Tree Map Blockchain Research Institute and the Conflux Foundation brought a form of training and entrepreneurship camps to college students across the country.

For more outstanding college students, it provides a platform for blockchain application design, development, solutions and winning competition prizes to help college students start their own businesses. Participants can also obtain industry contacts and entrepreneurial incubation support, graduation offers and other high-quality resources through the event.

“140 contestants from 32 top domestic universities have gone through study, homework and Q&A, and submitted project results”, Ivy, Conflux Marketing Director, said: “This Beidou project has greatly exceeded our expectations. Five outstanding projects came to the fore, and one project won awards in overseas hackathons."

When we mentioned the original intention of Conflux to organize the Beidou Project, Ivy told us :

As the overseas blockchain industry is relatively advanced in technology and talents, Conflux is a project with certain advantages in technology and resources in the domestic industry.

We hope that by holding such events in colleges and universities, we can train more developers in China who will enter the blockchain field in innovation and entrepreneurship in the future. In the future, we will also hold 1-2 phases of the Beidou plan every year to continue to deliver more fresh blood to the blockchain industry.

The Conflux Beidou Project not only promotes the development of the industry and brings opportunities for university students’ innovation and entrepreneurship, but also brings very positive significance and gains to the Conflux community and ecology.

Ivy told us with unconcealed excitement that the expectations of the Beidou Project are beyond imagination. The five high-quality projects mentioned above can be deployed on the chain immediately and enter the application of the Conflux ecosystem. These participants have basically joined our technology society. Come in the group.

At the same time, we have also established better contacts with various universities through the event, laying a good foundation for the introduction of the Conflux developer community for dubbing developers holding similar events in the future.

I have the opportunity to have a chat with the top domestic project team. We did not forget to bring a question frequently asked by vernacular blockchain readers to Ivy. I hope Ivy can give some suggestions and opinions to young people who are interested in entering the blockchain industry in the future. .

She said that when recruiting talents for the Conflux team, in addition to strong skills in the corresponding positions, it also needs to have a strong learning ability to cope with this changing industry every day.

For those who intend to enter this industry in the future, her personal suggestion: If it is a development direction, you can focus on learning the development language of Ethereum smart contracts, while non-technical directions need to reserve more knowledge in finance and economics.

During the conversation with Conflux Marketing Director Ivy, we also talked about her meeting with the developer of a very popular DeFi project in China this year, YFII (Second Uncle). The other party was actually a college student, very young.

However, when we are surprised and think about it, it seems that it is not an isolated case. There are talented people from generation to generation, and the blockchain field has always had many extremely young "back waves" figures.

The blockchain industry is still very emerging. At an early stage, the high threshold and other factors have indeed restricted the inflow of many talents. Thanks to Conflux for its contribution to the future inflow of talents in the industry. For the Conflux project itself, whether it is brand building or community building, it has long-term positive significance.

 02 
The moat
ecology and community of the public chain

Conflux co-founder Zhang Yuanjie once said that the moat of the public chain lies not in technology, but in ecology, and the construction of ecology lies in the community.

We also agree with this sentence very much, because the vernacular blockchain has been engaged in blockchain science popularization media in 2017, and has been in close contact with many public chain communities, and has also witnessed the ups and downs of many public chain ecology.

In the past, the development of blockchain was limited by the technical bottleneck of the public chain. Problems such as the "Impossible Triangle" have brought many dilemmas that have yet to be broken. However, many solutions have emerged later.

For example, Layer2, sharding, and the innovative high-speed PoW protocol, "tree graph" and so on brought by Conflux. But when there are no bottlenecks in the technology, we found that the public chain has not developed rapidly. In the final analysis, it is because of the ecology, and a large part of the ecological construction needs the support of the community.

1. Conflux community construction status

The community is the foundation of ecological construction. Ivy introduced us to the status quo of Conflux community construction:

Domestic communities: Conflux's domestic community is about 70-80,000 people, and it is basically able to achieve community autonomy; there are about 1,000-1,500 active developers in the technical community who have contributed code; 27 technical community committees have been established, Created an NFT game project including the image of Roast and many development tools are contributed by the technical community;

Overseas communities: Asian communities are relatively large, mainly Vietnam and South Korea with a total of about 10,000 people; in addition, Russia, Turkey and other countries; Africa also has very active and active user communities with low average age and great potential; Europe and the United States , The International Department was established in Canada, and communities, miners, and developers have made good progress. Several large-scale events have been held this year.

2. The mascot of the Conflux community "Baby"

Many newcomers who are new to the blockchain may not know Conflux, but they must have seen the image of the mascot of the Conflux community, "Baked".

When it comes to the role of the roast boy walking in the construction of the Conflux community: Ivy also loves this very friendly cartoon image of a beaver.

"In the promotion of the Conflux community and daily activities, the roast boy has played an unparalleled role. The roast boy is to Conflux what Satoshi Nakamoto is to Bitcoin, and it will always represent the Conflux community. " Ivy thinks this is a A very good way for the blockchain industry to "out of the circle".

As far as we know, this is one of the "difficulties" that many projects in the encryption circle have to solve. After all, the number of users in the encryption circle is too small, and encryption projects with high thresholds have always It is very difficult to reach users outside the circle. From the "baked boy" who helped Conflux out of the circle, we saw a very good idea of ​​"out of the circle".

It is understood that the video created through the cartoon image of the roast boy is widely welcomed by users inside and outside the circle. Judging from the video data posted on station B and Douyin, compared to many technical videos in the circle, the thousands and over 10,000 views of the Roasted Manga + video are indeed "out of the circle".

Later, Conflux also launched a hard-core and professional series of content:

"Baked TVCCW" is an in-depth video program dedicated to discussing blockchain technology knowledge. Up to now, the number of Douyin fans of Roasted Boy has reached 23,000, the number of views has exceeded 3 million, and the number of likes has reached 148,000.

333 issues of the Roasted Manga series have been released; 62 issues of the low-threshold video "Shang Shufang" aimed at Xiaobai have been released;

The hardcore technology video "CCW" has reached 59 issues, "Big Coffee Face to Face" updated 13 issues, advanced theoretical research "Conflux Institute" series of articles updated 23, industry hot thinking summary "Conflux Advanced Course" series of articles updated 16 articles.

There is a cartoon and video of a mascot that is very popular inside and outside the circle. Next, the Conflux ecological project Tspace, combined with the highly popular NFT concept in 2020, launched the roasted blind box NFT , and launched the Tspace platform.

On December 12 last year, the ConFI CITY team launched the trading and auction functions of Roasted NFT, and officially opened the Roasted Trading Floor on December 13.

In addition, as the first NFT project on Conflux, ConFi CITY has launched a strategic cooperation with MoonSwap and other projects, and Conflux has recently launched the creation plan of roasting stars and so on.

Conflux has launched a series of professional comics, videos, NFT projects, and activities. The image of the roast boy has always run through them, which has become a link between the Conflux project and the community, users and outsiders.

Our vernacular blockchain also has a cartoon image of a big white cat, which is a good way to express to young user groups who love two-dimensional comics, and it also represents a community culture.

3. Extensive ecological cooperation

Due to the advantages of Conflux technology and resources, it has attracted a lot of external cooperation. We learned from Ivy that the Conflux ecosystem has always had a very wide range of external cooperation.

For example, several recent cooperations:

  • Reached a strategic cooperation with Waves Enterprise, the leading enterprise-level blockchain platform of Russia's first public chain project Waves;

  • With the well-known Korean blockchain company Ozys, it has reached a strategic cooperation in the field of cross-chain and DeFi, using the IBC technology developed by Ozys and Conflux's Shuttleflow technology to define the global standardization and commercialization of the free transmission of cross-chain data;

  • In September of this year, Shanghai Treemap Blockchain Research Institute signed strategic cooperation agreements with Shanghai Architectural Society and Shanghai Pudong Development Bank respectively , which opened up blockchain applications in construction life chain management and bank storage pledge, deposit certificates, traceability, etc. Land and explore.

  • In August of this year, the Conflux tree map blockchain entered Changsha. The Hunan Xiangjiang Tree Map Blockchain Innovation Center, which was established in cooperation with the government, and the Hunan Provincial Key Laboratory of Blockchain Underlying Technology and Application, was unveiled in Yuelu Mountain National University Science and Technology City. At the opening ceremony, Zoomlion and Xiangjiang Shutu signed a strategic cooperation memorandum. The two parties will explore blockchain technology to empower the R&D and manufacturing of high-tech equipment such as construction machinery and agricultural machinery to help Hunan's construction machinery leapfrog and intensive rise.

4. Ecological promotion plan

In terms of ecological promotion, Ivy told us that Conflux currently considers "attracting" developers as its first priority. Conflux has a 2.4 billion ecological fund to support ecological projects. Currently, 5 projects have been selected. At the same time, the domestic technical community committee is screening more projects.

At the same time, Conflux will provide a full set of resources and upstream and downstream solutions for the ecology. Such as the docking of trading platforms and capital, to help ecological developers go longer. In 2021, the influence of overseas communities will continue to increase.

 03The 
public chain pattern is uncertain.
There is still a chance for the birth of a "top public chain"

In the conversation with Ivy, we felt that as a member of the Conflux team, we have not only the pleasure of being in a team with a good working atmosphere, but also the sense of accomplishment moved by the dedication and recognition of community members to Conflux.

We can also feel that Conflux, as a project with the top technical lineup and resources in China, is very willing to help cultivate more technical talents in China as much as possible, and contribute to the development of domestic blockchain. This is why many people say that the Conflux team is "the most reliable blockchain team".

In the past Internet wave, many companies that can compete with overseas technology giants have emerged in China. For example, there are Google and Apple overseas and Baidu and Huawei in China. They have done very well in their respective suitable markets.

Of course, there are also many companies with strong overseas capabilities, such as Bytedance. The probability will be the same in the blockchain field, even if the development of overseas blockchain technology may be faster.

We believe that things are man-made, as Ren Zhengfei said that talent is the most important thing. Domestic technical talents continue to enter the blockchain industry, and some truly reliable top projects have begun to land, and the current public chain ecosystems such as Ethereum 2.0, which are considered top public chains in the world, are actually not big.

Compared with the future "star sea", the current number of users in the encryption circle is still a very, very small circle . That is to say, the pattern of the public chain is uncertain, and there is still a chance for the birth of a "top public chain" in China.

I believe that China’s blockchain market is likely to be the world’s largest market like the Internet in the future. Conflux itself has a huge advantage, and they have identified their own positioning. Conflux founder Zhang Yuanjie recently proposed three “can be actions” of Conflux. "Direction:

1. Subject to compliance and permission, Conflux can put information on the chain without involving transactions and tokens. Supply chain finance, bank certificates of deposit, electronic certificates of deposit, electronic insurance policies and corporate accounts receivable and payable Can be applied in other fields;

2. Benchmark the development model of international open finance. At present, this direction is still in a state of free development, without clear national regulations, and there is still a certain gap between the domestic entrepreneurial team and the international team in terms of operating mode;

3. With the advancement of the national regulatory and legislative process, how to help China's financial system to build a global financial market, there are still many directions and things that can be done.

In the above direction, we have also seen a huge room for Conflux: starting in China and going to the world.

"Public chain pattern yet, the country's top public still have the opportunity to be born chain", this argument how do you see ? Welcome to write down your opinion in the message area.

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"Disclaimer: This article is the author's independent point of view, and does not represent the vernacular blockchain position. This content is only for the popular science learning and exchanges of encryption enthusiasts, and does not constitute investment opinions or suggestions. Please treat it rationally, establish a correct concept, and increase risk awareness. The copyright of the article and the final interpretation right belong to the vernacular blockchain.

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