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How does the CEO of Xinji Technology, who won the bid for 50 million government blockchain projects, view the public chain?

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Why can Xinji win 50 million government block chain procurement project?

Original author: Xinji Technology

Source: Snowball

Note: The xinji Technology founded by Dr. Dai Weiguo of Yao Class of Tsinghua University won the bid for the Changzhi Public Chain project worth 50 million YUAN, which has aroused wide discussion. This article was written by Dr. Dai at the end of 2019. It elaborated his views on blockchain, public chain and how to solve the public chain problem by Xinji technology.

Dai Weiguo & have spent CEO of Xinji Technology

I am engaged in network security, and my doctoral research direction is "distributed algorithm", so I have been exposed to Bitcoin for a long time. Technically, the bitcoin code is clever and follows the hacker's logic. At that time, many of the people I knew were trading platforms, or moving bricks between trading platforms. I just thought it was fun, I didn't think it was a huge platform, and then the blockchain seemed to have the power to hold everything together.

1. I thought blockchain was full of hardships, but I didn't expect it to be so crazy

In 2014, Ethereum came out. In 2017, IC0 started, the coin circle went crazy, issuing COINS quickly, looking for people to call orders, and going on the trading platformAnd then manipulate the price of the currency. Many people run to enter. The story of blockchain subverting the world is getting bigger and bigger. EOS, in particular, talks about the infinite possibility of blockchain, which is a thousand times and ten thousand times historical opportunity.

Later came out of a lot of so-called public chain projects, block chain 3.0 card contention, a hubbub. As the saying goes, God who wants to destroy makes them mad. Later, a lot of people ran away from the project, and many startups were held hostage by capital.

I expected the process to be difficult and tortuous, but I did not expect such a mass madness.

Blockchain brings us a new idea: let technology solve the problem of trust between people; Blockchain brings us a new mode of operation: start in a light way, and exchange future value for present efforts and contributions; Blockchain brings us a new way of organizing: opening the boundaries of organizations, attracting more talented people, creating value for ecology, and leading the evolution of ecology.

The previous hot market also gave rise to a number of projects with simple logic and arbitrary imitation. Such blind pursuit has no significance for the development of blockchain technology. Neither Bitcoin nor Ethereum fully represents blockchain technology, because blockchain has to support Internet-level applications and users in a credible way.

After the rapid popularization of blockchain concept and a round of bubblelike growth in the past two years, we can no longer think in terms of the logic of the Bitcoin era. What we should consider more is how to build a secure new underlying technology to change the entire Internet.

I am in the midst of this trend and believe in the future that blockchain will be worth a hundred times more than the Internet. In fact, our white paper has already been completed and the technical details have been deliberated repeatedly, but it has not been sent to anyone.

Blockchain is actually an industry that makes slow money. The consensus of digital currency, the value embodiment of trusted data and the manifestation of ecological value will not be achieved overnight. Every friend who participates in the blockchain industry should be patient, persistent, confident and determined, rather than eager for quick success and quick profits, fantasising about getting rich overnight.

The healthy development of block chain must return to value, enabling the long cycle of the industry. I have been thinking, BTC, ETH, EOS out, in addition to the coin, why there is no real application?

2. Blockchain should target the Internet and establish a reliable network

The blockchain technology is derived from Bitcoin. Bitcoin is not for the technology, not for the Internet, but for the issuance right of the currency of the target country. In ancient times, COINS should be a capital crime, Satoshi Nakamoto did a hermit, leaving behind the blockchain technology and bitcoin ideas.

V god worshipping Bitcoin, adding secondary development function on it to establish Ethereum, imagining it as the world and market, running on the basis of COINS, allowing people to easily issue COINS. Ethereum is the next generation to grow on the shoulders of Bitcoin, which is bound to be more attractive than projects that simply change bitcoin!

Bitcoin is a pure cryptographic digital currency with no application or speed. Ethereum gave us the vision of secondary development and application, but the foundation of Bitcoin limited this dream. Ethereum was also very slow and not scalable. It's been successful as a geek experiment, and it's been successful as a simple money-making platform, but it's not possible to use it all.

Ethereum is burning up fast, and V knows it, so upgrade it, but for a decentralized system that's already running, upgrading is more difficult than building a new one. A complete restructuring of the core technology architecture, vested interests, obsessionists, and decentralized governance models are all strong obstacles, even though Ethereum keeps releasing information to be upgraded.

EOS has created 21 super node campaigns modeled on the American electoral system, a clever marketing method, but these 21 nodes are not the trusted network of the future, they are the platform that a small number of people believe in, and they are not scalable.

Pattern of everyone to imitate the etheric fang, released by the white, and based on Ethernet ERC20 to issuing logic to do project, indirectly contributed to the etheric fang periodic success, what do you want to be a lot of industry chain, had hoped to do application project in the etheric fang development, have to give up, there are also some people start issuing new foundation and chain.

Of course, it also gave birth to the rapid development of the trading platform industry. Therefore, the disorderly coin sentient beings, tens of thousands of, all kinds of air currency suddenly appeared, the result can be imagined. Fortunately, Bitcoin and Ethereum promote blockchain technology in an explosive way, speeding up the development process of the blockchain industry.

We do block chain, it is on the Internet, establish letter, Internet transmission data and information, based on a single computer can letter based on trusted platform transfer verifiable proof and value, to run on a single computer can be controlled and modified procedure, operation of trusted computing platform is no one to control and do not tamper with the program.

At present, Internet giants are making blockchain, but they only use the useful side for them, and give up the unfavorable side for their monopoly and control. Blockchain is only a small patch of the Internet at present, and in the eyes of geeks, blockchain is their all and future.

3. The third generation of basic public chain is the symbol of blockchain 3.0

Mr. Yang Zhenning invited Mr. Yao Qizhi, Turing Award winner, to establish the Institute of Cross Information from the United States to Tsinghua University. His research interests mainly include computer theory, cryptography, distributed algorithms, quantum computing, artificial intelligence, etc. Block chain is a kind of computer technology is also a new world, is a great thing, a few of us from the fork of the students are willing to become a technology to change the world geeks.

In 2017, after a long period of theoretical research and design, the "Black box action" began to develop blockchain infrastructure -- core boundary in a closed way.

Bitcoin's emergence is considered a landmark event in the blockchain 1.0 era, and Ethereum is considered the most important product of the blockchain 2.0 era. Secure, reliable and efficient third-generation basic public chain may become a landmark event in the blockchain 3.0 era.

The development of core core is to complete the comprehensive trust problem which cannot be achieved by the Internet. The infrastructure can be used in a large quantity while being secure.

Thanks to the younger brothers of the black box, they are a group of silent friends. We rented a three-room and two-room apartment in Broad Park, bought six beds and eight computers, and lived in darkness. We ate packed lunches every day. After more than a year of hard work, the infrastructure has been successfully developed and applied.

From the perspective of the core thinking model, decentralization is a relative concept of the solution, the purpose of consistency is to achieve security and credibility, scalability means stronger performance, the common chain can meet more users to use.

The relationship between the three is defined as follows: de-centralization as a solution to achieve consistency in the pursuit of security and credibility, while trying to meet the needs of more users. In core logic, consistency is more of a problem than performance, so the relative concept of "decentralization" determines the space for expansion.

Xinji breaks through the "impossible triangle" problem from the thinking model and solves the problem of unreliability.

The core planning is divided into three levels: the first level is the development of the bottom layer of the common chain; The second level is to develop some functional applications on the core infrastructure. The third level is to expand more users to apply scenarios on the core.

On October 13, 2018, a test meeting of Xinji Trands was held in Beijing, witnessed by nearly 200 friends from home and abroad. Dr. "Dahao", chief algorithm engineer of Xinji, presented the top paper of Xinji at the conference. Dr. "Baymax", head of the ecological group, conducted field tests of high-speed public chain. More than 300 physical nodes (more than 1,500 virtual nodes) were set up around the world.

At this event, I gave a talk on blockchain infrastructure. There was no blockchain infrastructure that was infinitely scalable, decentralized, secure and trusted, and we did it.

4. What is the killer application of blockchain?

Block chain is a kind of chained data structure that combines data blocks sequentially in a chronological order, and a distributed ledger that cannot be tampered with or forged in a cryptographic manner. So the blockchain is essentially a trusted computer.

So how can such a trusted computer help the world solve problems? What is the killer application of blockchain?

Let's think about the mobile Internet applications such as taobao, WeChat, Meituan and didi mentioned in ordinary times. None of them can become a killer application just by solving the transaction problem, but actually solve the actual problems of users. Therefore, the blockchain on the trusted computer must be able to solve more problems than just transactions. The blockchain can carry more business logic and provide developers with more space and imagination, which is the key to the current outbreak of DAPP.

User to solve various problems, through the use of the application block chain as technology and infrastructure are encapsulated in the underlying work, should be "non-inductive" for users, but block chain eventually give a person the feeling is directly: I trust more acceptable service, I'm not worried about their own data to operators optional abuse, see all kinds of data information is real, rather than being malicious brush out...

Take e-commerce as an example, the end of e-commerce has been decided. At present, most e-commerce businesses are no longer profitable, and the traffic is too expensive. For example, they start to shift to "Shared traffic", and the market value quickly goes up, essentially integrating idle resources. In my mind, there is no concept of e-commerce, otherwise it will become another Taobao.

We're doing infrastructure. We're aliens.

Blockchain applications, instead of simply moving up the chain, cause a lot of friction, for example. If there is no business data, there will be no data sharing, but the business model cannot be linked, who dares to put data on the public chain, I have not yet made money, and in the case of competitors, business still depends on information asymmetry to make money, there must be something wrong with full transparency.

Blockchain is a trusted computer, the ultimate global village, and collaboration is the biggest need. But how do you collaborate? How do you quantify it? What are the rules? It must be impossible to think about rules in one brain. We need a lot of little rules, and that's the programmable life.

After the purchase of things, payment settlement occurs automatically, no sense; We believe in the justice of the rules, as long as the day is meaningful. In the art industry, it is estimated that only TOP10 can live well. A work or a picture of most artists is not worth much, but the logic of the Internet is free, which is wrong, because the same labor is also paid. Now each picture can be used for only 1 cent, but countless people use it.

Participation is important and an effective mechanism for an economy. Take a taxi. The more I take a taxi, the less money I should spend. And those who use less should pay more. In the future, there will even be no industry. A mobile phone brand can sell cups, and people trust it. Therefore, the asset contains consensus and creation, and intangible things are more than tangible things, which is the part of asset appreciation.

Finance is a way to allocate resources, and blockchain pulls finance down from its perch. This is the most meaningful thing about Token. Everyone agrees that one thing is not only consumption, investment, but also participation in creation. Token is just a result.

There are a lot of people who say that the public chain war is over, the pattern is set, and there is no chance now. Our rhetorical question is who won the war? The so-called pattern has been decided. What kind of pattern is it?

To be precise, the battle of the public chain may be over in a small cycle of white paper financing, but in the larger cycle of the enabling industry, the battle of the public chain is just beginning.

The blockchain enabling world cannot simply stay at the Token level, but must go deep into the business level and the data level. Until a functional, cost-effective infrastructure is in place, until a reusable, wide-reaching business model is in place, the day when this wide and long track truly takes off, so we appreciate the current period of strategic opportunity.

5. The real battle of the public chain will be launched in the "core society"

Starting from the establishment of a unique identity in the digital world, users of the Internet are different from each other in that they have completely independent rights, including the right to anonymity and the right to network life that cannot be cancelled. This is the core social IDENTITY card "I", which is the identity card in the digital world.

The core is a trusted network for interaction between people, artificial intelligence chips and artificial intelligence chips.

With an "I", multiple terminals can enter the core society from anywhere.

On the trusted base of core infrastructure construction, all the data rights and interests generated by me are determined to belong to me. Any subject who calls my data needs to be authorized by me and paid corresponding remuneration. This can be written as a blockchain program for compulsory execution. Secondly, I have my own independent space in the core society, which can interact with my physical world through AR/VR and generate mapping and interactive relationship with it. I can freely cooperate with other members (individuals, enterprises, procedures, machines) based on various rules, which can reduce the cost of cooperation and increase the efficiency by eliminating intermediary and authoritative endorsement. Each person in this society according to their own ability and preferences to provide services or participate in activities, get the corresponding reward; Members of the core community collaborate to create new ideas, drive smart factories and intelligent robots to produce physical products, and change the face of the material world...

It may seem like a long way off, but since the 1990s, especially the post-1995 generation, they have been using computers every day since they were born. The amount of information and the source of information are different from those of us who grew up from books. Each generation has its own bottom layer.

To these a new generation of human, artificial intelligence, robot will replace all the physical labor of man, say now who would worry about food and clothing live line, even the most mental Labour will be replaced by a robot, human is all to do some creative, such as a hobby, sport, art, what they do is an extension of the self.

The programmable life, will soon arrive comprehensively, the human gradually moves towards the core society. Our most important assets, of course, are our participation, our identity, our creativity.

When I was 28, I won the National Science and Technology Progress Award. This year, Bitcoin appeared in the United States. Later, I was admitted to Tsinghua University for my PhD in Information Intersection, studying distributed algorithms. I was given the code name "0," which means non-existent and everywhere.

The core infrastructure independently developed by our team is committed to promoting the upgrading of the global information Internet to the value Internet and building a secure and reliable core society.

We hope the global business, technical team to PK, point out the core of the shortcomings and problems; We also welcome the teams that build applications and ecology in Ethereum and EOS to use Xinji. We also welcome all the masters to join Xinji, embrace the xinji society and become the future masters.