The EOS super peer campaign is about to take place, and the battle for the number one public chain begins. How much space is there for the development of the public chain? Where will the road be developed? In April 20th, NetEase science and technology joint Zhongguancun angel investment alliance and angel Growth Camp held the fifth phase of the chain private meeting. The field guests think that the expansion of the public chain, the update of the consensus algorithm, the privacy protection and other technical problems have not been completely solved, and the great potential energy is not completely formed, and the public chain war is still far from ending. The war of public chain is far from over At present, the whole digital monetary field basically follows the development logic of bottom public chain to solution project application. In 2018, it was called block chain technology to apply the landing element. Many commercial applications need support at the bottom of the public chain. As an infrastructure, the public chain can operate steadily and efficiently, so as to improve the speed and quality of application development. From the technical point of view, CEO Zhao Gang Zhao Gang analyzed this problem from the technical point of view. The current block chain system should be promoted from the extensibility, interoperability, privacy and transaction efficiency of the technology, and the public chain needs to be upgraded. Public chain hard forks are hard to reach a consensus in ecology. With so many nodes running, it is very difficult to upgrade each technology with so many peoples economic interests. For example, the problem of bitcoin expansion has not been solved for many years. He believes that the scalability of the public chain, the update of the consensus algorithm, the privacy protection, the cross chain and other problems are very difficult to be realized directly on the bitcoin and the ether square. It is a fast and low cost way to create a new public chain. Liu Le, who is based on CEO technology, said: there is no public chain that has grown to 3. From the technical design of EOS, whether it can solve the alleged market pain is not easy to say. At present, there are many public chain 2.X level designs on the market, and we havent seen a major breakthrough of 3, and there is still much room for the development of public chains. The war of the public chain is far from over. CEO Wang Runde, a multi - moment technology, said, the symbol of the birth of a super public chain is that super public chains can solve all the regulatory issues of the government. It is technically fast, but it is difficult for the economic and ecological consensus to operate in the real economy. Unlike bitcoin, we set it constant, then diminishing and fading. The current development of public chains should focus on specific problems in different fields. He thinks that the threshold of creating new public chains is very high. Besides technology, great potential energy is needed. If there were no 1 billion levels of American gold, it would be hard to make enough influence around the world and play in a small crowd. The competition is particularly fierce public chain in the future of technology, capital, operations team with large-scale operations. But this large-scale combat capability no longer exists in the form of corporatization. Cointiger partner Yan Tao, from the perspective of the exchange, also believes that the public chain project needs a comprehensive layout. He shared a failure case, a public chain project claiming to be the third generation in the preceding paragraph, which fell badly on the stock exchange. Users feel that he knows nothing about technology but other layout. In March, Yan Tao saw more than 100 projects and voted 3. Many projects are bare, no huge community, less than 10 Fen, investment banks do not look at you, just a technical geek from hi, never a big tree. A good project must be three-dimensional and graceful, and the whole of many resources is not the investment of several big men, but the exchange will send the coins. Community applications will come to the ground faster in the public chain Dagong chain is still dominated by overseas, and the domestic technology reserves are not enough. Of course, we do not exclude some special cattle teams. Pang Huadong, the president of the moment technology, said. Chen Liang, deputy general manager of financial science and technology in Arxan, analyzed the reasons for the shortage of domestic technical reserves. We all know that the procedures of the cattle are also wrong, so the open source is particularly meaningful. We all work together in the open source environment to improve the development of technology. In the past, there were very few ways to develop open source in China. There is a better atmosphere in this field abroad. Pang Huadong believes that a public chain can not solve all problems at present. It is great to make the best of one point. There will be only one or two public chains in the future, and there may be many industrial chains. I have many projects that do not work well in the public chain, and they do not meet the special needs of the industry. The combination of industries such as finance, product traceability, and public chains will form an industrial public chain, which should be the trend in the future. Pang Huadong thinks. Yang Chao, founding partner of super chain capital, said: a single industry chain will not have a bright future. There may be a number of public chains, each with its own characteristics, such as performance, or privacy protection to meet different needs. Most of the needs of the industry will be in the form of application. Application projects should not be limited to the chain of assets that are relatively hot at present. There should be more development. I predict that according to the seven characteristics of chain traceability, non tampering, and distributed bookkeeping, each feature should be able to develop an application direction. I am more optimistic about the application of identity authentication, content copyright, bill and so on, which is more suitable for the technical characteristics of block chain. Zhao Gang very much agreed that the identity chain would be a good entry for public chains. He believes that the application of community, forecasting and game assets will soon fall on the public chain. More and more applications will enter the market, and the demand for the public chain market will continue to grow. Wang Runde added. The biggest problem of the exchange is the security of funds Liu Jiang, a star capital partner who was transformed from New Oriental teacher, invested heavily in many overseas digital money exchanges last year. He shared the experience of the investment exchange. The exchange belongs to the resources, the project side and the community finally landed on the exchange, so we think this is very important. But the biggest problem facing the exchanges is system security. Especially small exchanges, the technical force is not strong enough. Once the security system has loopholes and the funds are in trouble, all of them will be lost. But relative to the system problem, the outside world has more doubts about the security of the exchange itself. Pang Huadong revealed that many large Wall Street fund companies, holding trillions of dollars in the amount of money, want to enter the digital currency field, but the actual investment is very small, 1% are not. They feel that no exchange is worth believing that many trades are very likely to go bankrupt or run second days. So, a lot of money cant come in. From a financial point of view, it is difficult for the whole digital money industry to achieve world class size. Liu Le analyzed the reasons, and the centralized exchange played too many roles. It acts as a currency trader, half a SFC, a fund company and so on, which may cause great trouble for the future. The exchange, created by Liu Le, will be launched in May, and he designed a clearer running framework for his exchange, making the exchange more purely a infrastructure, separating the currency merchants and making the registration and settlement business independently of the third party. Liu Jiang put forward a technology centered exchange to solve the problem of fund security. De centralization of exchange is to give the private key to the user, your assets are your own responsibility, I am only responsible for your trading behavior. I think this is the direction and I dont know if the future will work. In the future, there may be large institutions to endorse credit for digital money exchanges. Pang Huadong believes that this is another way to solve the problem of capital security. Endorsement units are either the state or the big financial institutions. For the development of exchanges in the coming years, Liu Jiang feels that it will become stable. Last year, the exchange rank is changing all the same with martial arts novels. This change will be smaller and smaller. Next years top five global exchanges may be hard to shake. The ranking may be more solidified after 2020. Source: NetEase science and technology report editor: Bai Xin _NT4464 Liu Jiang put forward a technology centered exchange to solve the problem of fund security. De centralization of exchange is to give the private key to the user, your assets are your own responsibility, I am only responsible for your trading behavior. I think this is the direction and I dont know if the future will work. In the future, there may be large institutions to endorse credit for digital money exchanges. Pang Huadong believes that this is another way to solve the problem of capital security. Endorsement units are either the state or the big financial institutions. For the development of exchanges in the coming years, Liu Jiang feels that it will become stable. Last year, the exchange rank is changing all the same with martial arts novels. This change will be smaller and smaller. Next years top five global exchanges may be hard to shake. The ranking may be more solidified after 2020.