Home News Xiao Feng: Blockchain business breakthroughs will be driven by developers. DFINITY is...

Xiao Feng: Blockchain business breakthroughs will be driven by developers. DFINITY is a developer-friendly network

Xiao Feng: Blockchain business breakthroughs will be driven by developers. DFINITY is a developer-friendly network

Loading

Blockchain business breakthroughs are different from the business path of consumer Internet. Consumer Internet is consumer-driven network operation, while blockchain is developer-driven network operation.

Original title: “Wanxiang Blockchain Xiao Feng: The commercial breakthrough of the blockchain does not start from the C-end, but from the developer”
Speech: Xiao Feng, Chairman and CEO of Wanxiang Blockchain

This article is Dr. Xiao Feng, Chairman and General Manager of Wanxiang Blockchain. The content of the speech at “Reconstructing the Internet, Sodium Is Different—DFINITY Sodium China Online Conference” Can send applications. The following is the full text of the speech, compiled by Odaily Planet Daily:

I am glad to know that the DFINITY mainnet will be launched this year.

In today’s speech, I will first compare the three blockchain networks of Bitcoin, Ethereum and DFINITY.

Bitcoin is a currency network that issues, exchanges, trades, and pays for digital currency. The Ethereum network is an asset network, and everyone can issue their own assets on Ethereum decentrally. Of course, whether your assets are valuable depends on whether they are really useful or not, but also on whether the entire network has a consensus on your things.

DFINITY is an application network. For those who can write code, as long as you have a unique idea, you can deploy your application on DFINITY without paying a high cost. I think this is the core value of the DFINITY network, and it is also the core value of DFINITY as an Internet computer as mentioned by Dominic Williams.

The Bitcoin network, the Ethereum network and the DFINITY network are not mutually replaceable, but a progressive and in-depth relationship. Adding these three together, together with some blockchain technology systems like Polkadot (Polkadot), can we truly construct a complete blockchain network, a complete encrypted economy, and a complete digital Parallel universe.

In my understanding, a complete blockchain network includes several parts: distributed network, distributed database, distributed computing, distributed storage, distributed ledger, and distributed governance architecture based on consensus algorithms , And finally the distributed application in which DFINITY plays a central role. You can use a distributed method to easily deploy various applications on it.

A complete blockchain economy (encrypted economy) cannot lack one part-distributed commerce. Distributed network, distributed database, distributed computing, distributed storage, distributed ledger, distributed governance, distributed applications, plus distributed business, this is a real and complete blockchain-based , Closed-loop encryption economy.

DFINITY has the same characteristics as Ethereum.

As we all know, the difference between Ethereum and other public chains is that it has established a huge developer community and a friendly development environment, and developers have supported the entire Ethereum.

DFINITY is also a network built for developers, and it hopes that more developers can develop with less code. For example, CanCan, a blockchain-based social product launched by DFINITY, was built with less than 1,000 lines of code. The popular Uniswap on Ethereum overturned a trading system with 500 lines of code. This also shows that for distributed applications based on blockchain, 500 lines of code can replace tens of thousands of lines of code.

In general, these two networks have the same characteristics-they are both developer-friendly networks.

From some current cases, we can also get enlightenment: the commercial breakthrough of the blockchain does not start from the C-side, but from the developer. You first serve these developers, and the developers contribute their ideas. Only then can we go from distributed applications to distributed commerce, and truly to consumers and users.

Judging from the current development of blockchain, the commercial breakthrough of blockchain is completely different from the commercial path of the consumer Internet. Consumer Internet is consumer-driven network operation, while blockchain is developer-driven network operation.

DFINITY tries to provide developers with a low-code, low-operation, low-cost, cold-start application development, application deployment and application distribution environment. If millions of developers around the world bring their own wonderful ideas to develop, publish, and deploy various applications and blockchain SAAS applications on DFINITY, blockchain commerce will truly come.

This idea reminded me of the concept of “Cloud Phone” released by Huawei not long ago. The so-called cloud phone is to move all the computing needs of our smart phones to the cloud. All you get is a display screen, the chip is not needed anymore, everything is on the cloud.

These two concepts are actually the same. When they are actually applied, we need to simplify them so that the technology can be promoted more widely. Tens of millions and hundreds of millions of users will use the blockchain.

Finally, I want to talk about distributed applications and distributed commerce.

Distributed business must be based on a distributed application platform, but distributed business is not a distributed application platform. These are two different stages.

In distributed applications, DFINITY can play a very large role as a basic platform. Distributed applications are driven by developers, and the developers here can be regarded as real-world entrepreneurs. These entrepreneurs wrote their wonderful ideas into code, compiled them into smart contracts and deployed them on DFINITY. After deployment, they entered the distributed business stage.

Distributed commerce is driven by consumers, users, and customers, and consumers have absolute rights. After the developer has deployed the application, the next step depends on whether the consumer will come to play, whether to pay for it, or whether he likes to use it.

Overall, distributed commerce still has a long way to go. We expect that after the mainnet goes live, thousands of developers will develop on DFINITY and turn their ideas into a smart contract to be deployed on DFINITY.

Among the millions and tens of millions of entrepreneurs, I believe that there will be tens of thousands of blockchain-based killer applications that will attract consumers. These are very worth looking forward to, so my sharing is here.

Source link: mp.weixin.qq.com