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Than the original founder of the original chain Duan Xing - public chain innovation and company innovation of the three key words

On December 21, 2017, the "China Blockchain Innovation Summit (Shenzhen)" co-sponsored by Babbitt, the original chain and the Dreamer Fund was grandly opened. The forum invites representatives of venture capital institutions, financial institutions, law firms and business leaders of blockchain. With the theme of "blockchain technology, value interconnection of industries and capital and ecological outlook", the forum features keynote speeches and roundtable dialogues , Conducted in-depth discussions on risk investment in the area of ​​blockchains at home and abroad, legal supervision, exploration of advanced technologies in the blockchain, and application of industrial applications.

Babbitt founder Chang Yao, than the original founder of the chain Duan Xinxing, founder of the Dream Valley Fund founder Zhu Bo, IDG Capital Partners Tong Chen, Zhong Lun Wende law firm senior partner Chen Yunfeng and other guests attended the forum .

Than the original founder of the original chain Duanxin "chain of innovation and corporate innovation of the three key words" as the theme, described his business and investment blockchain some thinking. The first key word is cognition. For example, people's understanding of the concepts of blockchain and currency is different, which determines the shape of the venture product and how far it can go in the future. The second key word is intelligence, whether it can adapt to future changes, The third keyword is friendly, improved POW algorithm than the original chain, friendly to artificial intelligence, well promoted the common prosperity of artificial intelligence and blockchain.

The following is a section Nova recording speech:

I am very happy to meet with you here. Just now General Zhu Rongji said a very good topic. Today I use three key words in the blockchain entrepreneurship and investment than in the original chain. This is what we did before Some experience and experience than when the original chain.

The first key word is cognition. Money is not a vector of value. Imagine if you sell a piece of art you create yourself, you get a sum of money, then you lose it, and you still have the artwork. Art value does not disappear with the disappearance of money, money is not a vector of value. (Currency) is a culture, a kind of memory, a voucher recording the exercise of rights. Only recognize this voucher, record; have a common memory, culture, can play a role. The formation of a common recognized mechanism is the consensus. Consensus area and scope of action, that is, the currency of the circulation area and scope. It is better than using the bit, the information, the digital technology, the blockchain to form a credible memory map, the diverse currencies, the memory map of assets, the protection of the rights and interests of asset holders and the circulation and exchange of assets. Than the original appearance comes from the "currency is a memory," re-thinking and re-cognition.

Entrepreneurship and investment need cognitive remodeling.

The second key word that I think of is adaptation: (compatible with all bitcoin branching stories).

More than the original design, the white paper and the initial code available, bitcoin does not yet have a fork. We expanded the one-way UTXO to multi-lane BUTXO in parallel to create a global ODIN directory in order to expand Bitcoin ownership, memory functions and register diversified assets. With the advent of the IFO, today we revisit the surprising discovery that one of the major advantages over the original is that it supports and supports all existing Bitcoin forks. All current Bitcoin forks are easily and easily bridge registered to the original The chain becomes a specific asset over the original chain. As this market expands, we also support, in the future, an ever richer, valuable, and meaningful digital asset, a fork-in asset, and a business scenario. Adapt to the new situation, the new environment.
Entrepreneurship and investment need to be sensitive and adaptable to the environment.

The third key word is friendship.

People think that Bitcoin's POW mining mechanism is unfriendly because it makes meaningless calculations, consumes resources, and destroys the environment. People criticize the POS mechanism, the state of the network determines the currency holding status, the currency holding status solidifies the network status, resulting in a monopoly and undermining the three-phase balance of farmers, miners and users. The poorer the poorer, the richer and the richer. Than the original approach is to amend the POW, friendly to artificial intelligence, so calculating meaningful. At the same time on the mining, user-friendly and actively promote the prosperity of all stakeholders on the industrial chain. As we said, we promote the prosperity of both the bit and atom worlds.

Both entrepreneurship and investment need friendship and common prosperity.