In comparison, blockchain network Elastos announced the launch of the Arbiter Network public beta of its Bitcoin Layer2 network BeL2. Arbiter nodes provide time-based transaction supervision and decentralized dispute resolution functions, allowing Bitcoin to remain on the main network while using smart contracts on the EVM blockchain.
Bitcoin dropped from $65,000 at its peak to around $30,000 now, and the crypto market is tending to be lukewarm. The CEO of Blackrock said a few days ago that there have been few inquiries from customers about cryptocurrencies. According to Google data, the “Bitcoin price” search for Bitcoin dropped from $65,000 at its peak to around $30,000 at present, and the crypto market is tending to be lukewarm. The CEO of Blackrock said a few days ago that there have been few inquiries from customers about cryptocurrencies. According to Google data, the “bitcoin price” search fell to a seven-month low. However, Han Feng, author of “Blockchain Wealth of Nations”, was convinced in an exclusive interview with “Comparative” that the peak of the bull market is yet to come. “The market hasn't turned bearish,” Han Feng said. “This is the middle stage of a bull market. After a period of sideways trading, the market will advance to the peak of the bull market.” Han Feng has been involved in the crypto market since 2013, and has experienced three major market transitions. While gaining personal wealth freedom, he also co-founded the Web3.0 project and came to Yunelastos. The new work “Blockchain Wealth Theory” argues that the essence of wealth is a global credit consensus, and Bitcoin is a new digital gold consensus. “This bull market in the crypto market has a real foundation,” Han Feng further analyzed. “The implementation of DEFI has brought real applications and improved the efficiency of the financial market. This is the biggest difference from the 2017 ICO bull market. At the same time, the general environment of fiat inflation in various countries has not changed, and the Federal Reserve will not raise interest rates in the short term. These factors are the driving force behind the real climax of the bull market”. The US consumer price index reached a new high in June, up 5.4% from the same period last year, the highest 12-month increase since August 2008. Federal Reserve Chairman Powell still believes that inflation is only temporary during yesterday and today's congressional hearings. He expects price pressure to ease somewhat later this year. Han Feng believes that this sideways phase is likely to be quite long. It may be three months, half a year, or even a year, but he will never wait until the next round of the bull market after four years to reach another high. This sideways and even sharp decline occurred in the middle of the 2013 and 2017 bull markets, but the upward trend of the bull market was not reversed. The immediate reason for this downturn in the crypto market is a crackdown at the Chinese policy level. In June of this year, financial regulators issued another tough statement prohibiting banks and payment companies from handling crypto-related businesses and alerting consumers to the dangers of virtual currency. Major mining sites in Inner Mongolia, Qinghai, and Sichuan have all recently been shut down by policy one after another. China's former absolute leading computing power in Bitcoin mining has faded away, and more Bitcoin mining plants have begun to switch to the US and other countries. The US states of Texas, Kentucky, etc. are attracting Bitcoin miners through policy guidance. Kentucky is offering tax breaks to Bitcoin mining businesses that invest $1 million to deploy new machines in the state. Meanwhile, Bitcoin holders have slowly been dominated by the US. In this bull market, US companies and institutions have hoarded large amounts of Bitcoin. Chinese Bitcoin holders are running out of chips. However, Han Feng believes that Bitcoin has survived tenaciously after several attacks at the government level before, and once the wealth consensus trend is formed, it will be difficult to break. Bitcoin remains an undisputed gold-like savings asset in the long run. Author: Susan Feng This article is from Bitpush.News. The source is required for reprinting...
![[Comparative character] PhD student in quantum mechanics/middle-aged entrepreneurship/wealth freedom... the slash life of Han Feng, co-founder of Yilaiyun](https://images.bitpush.news/2020/10/special_cn-20201028-160389595698754398.png:WechatIMG133.png)
Han Feng, read Bo Qinghua's quantum attack, pioneered Yunzhou and later became Ai. At the end of my life, I first learned about Bitcoin and blockchain, so I preached in Kyushu and was famous all over the world. In AD 2015, investing in “Little Ant” was 700 times more profitable. When I met Chen Rong, an expert in computing, and co-created “Yilaiyun,” he was convicted in eight cases, and his reputation was ruined. However, he went back and forth, and his ambition was unswerving. Han Feng is the co-founder of Yilaiyun. Visiting researcher at Columbia University, mentor at Tsinghua University iCenter, former blockchain consultant at the Huawei Research Institute, Secretary General of the Asian DACA Blockchain Association, US Oracle Education Foundation China Project Partner, Bitcoin Foundation Lifetime VIP Member, author of the bestselling books “Blockchain: A View of Quantum Wealth” and “Blockchain: From Digital Currency to Credit Society”. My first experience in starting a business. From its peak to the bottom of the 90s of the last century, the Internet was only just emerging in China, and the trend of going out to sea and entrepreneurial culture gradually became popular. Han Feng, who is studying for a PhD in quantum mechanics in Tsinghua, also joined the wave of entrepreneurship. He founded Yunzhou, which is said to be “almost the first O2O education website in China.” His annual income in 1998 was 1/3 of New Oriental, the most popular study abroad institution at the time, and he soon earned the first pot of money in his life. Han Feng later fell into a period of confusion in his life. He was no longer able to feel the excitement of being a business. He thought he still liked to study quantum mechanics, and that Yunzhou began to go downhill continuously. In 2013, Han Feng was only able to endure the pain of reselling the company at a low price. He also owed a huge debt. At the same time, he was forced to get divorced, and had to leave the villa for his daughter and ex-wife. Han Feng once described his difficulties at the time: the standard for finding a hotel in Zhongguancun was “not to spend more than 100 yuan a day”; “I went to Tsinghua during the day to have advanced exchanges and a hotel where I slept for 100 yuan at night”; “I was hesitant to buy a high-speed rail ticket due to financial difficulties at the time.” 1. There was no way to repeat that. Liu An Huaming and Han Feng, who is almost 50 years old, went back to Tsinghua to study quantum mechanics with his mentor Zhang Li. By chance, he listened to Tsinghua alumnus Deng Di's speech on Bitcoin, which stimulated his interest in Bitcoin and blockchain. He was interested in being the best teacher. Afterwards, Han Feng began teaching himself Bitcoin knowledge online, studying Satoshi Nakamoto's Bitcoin essays, and actively participated in various lectures. Coupled with his background in quantum mechanics, he soon formed his own knowledge framework. At a party organized by Tsinghua alumni, Han Feng explained Bitcoin to everyone as the keynote speaker, which was well received. He was greatly encouraged by this. He continued to explore the underlying logic of Bitcoin and blockchain. He also asked Professor Tsinghua and cryptography expert Wang Xiaoyun about cryptography knowledge, and wrote an article based on his own understanding, making it a must-read Bitcoin introductory science article for many people. Coupled with his humble personality and his own intellectual system, Han Feng gradually became a well-known evangelist in the community. Some people were willing to pay 10,000 yuan to give him a lecture on Bitcoin and blockchain at Beijing's famous Wudaokou School of Finance; Okcoin's Xu Mingxing invited him to work as a consultant for three years; how appealing was Han Feng's speech? At one point, he taught quantum mechanics and Bitcoin at Chaos University and received more than 50,000 red envelopes in rewards from thousands of students! You need to know that Zhou Hongli, the founder of 360, which was already very successful at the time, received more than 10,000 at Chaos University. 2 These reactions made Han Feng more firm in his choice, and quantum mechanics+blockchain will definitely be widely recognized. As Han Feng's influence in the community gradually expanded, in May 2014, he registered DACA (Digital Assets Coalition Asia), the first private blockchain data asset association in Hong Kong with Liao Xiang, Yang Linke, and Hu Hongjie. Han Feng has raised 300 bitcoins for DACA, and has regularly held free DACA blockchain technology open courses for the industry, and has held blockchain lectures at nearly 100 universities in China. The year 2015 was the darkest time for the Bitcoin market after losing his money, but Han Feng still has a firm belief in Bitcoin. He bottomed out Ethereum and waited until it rose 7 times, then sold it in exchange for 200 bitcoins, and waited for the bull market to arrive. In the same year, Han Feng invested in NEO (Little Ant). The highlight of the Little Ant project is the use of blockchain to solve the equity problems of startups. Han Feng believes that this market has unlimited potential, because he knows the financing pain points of startups, so he spared no effort to promote and give speeches for Little Ant. Later, the news that Fuxing Capital wanted to invest also caused Little Ant's worth to skyrocket. Thanks to the trend of the 2017 bull market, the price of Little Ant soared from less than a dime to 65 yuan. Han Feng sold all of his coins and obtained nearly 700 times the profit...
![[Press Release] Yilaiyun Weekly News｜2020-8-11](https://images.bitpush.news/2020/08/special_cn-20201006-160198887189514418.jpeg:159728213926737999.jpeg)
Technology News Elastos (Trinity) - Porting the core plug-in to the desktop version to improve the implementation of the desktop version of Runtime; - Importing the new Wallet UI/UX; - Developing CR Proposal dApp; - Adjusting the iOS version according to the goals of Elastos Essentials; - Improving Password Manager's password input box processing and popup process to optimize the user experience; - Improve the DID dApp signature intent and update the signature example in the DID Demo app simultaneously; - The wallet plug-in will support two backends (SPV/Node RPC API) to query balances and other operations to optimize the user experience; - Integrate the basic functions of ETHSC; - The Background Service supports controlling the execution order of tasks; - Improving support for different distributions in the build script; - Resolving the Electron packaging issue; - Fixing a bug where contact notifications were not initialized after DID identity switching; - Fixed a random failure in importing DID mnemonics; - Other general bug fixes. DID - Evaluate DID 2.0 technical solutions; - Build a Python CFFI module with Native SDK integration; - Automatically generate Native SDK export symbol tables to reduce the probability of human error; - Begin porting the DID Native SDK Windows platform; - Fix symbol conflicts with SPV SDK question. Hive - Continue to optimize the Hive SDK authorization module implementation and related external interface types according to the new DID DApp Auth process specification, and continue to improve DID authentication on the Hive Node side; - The Hive Java SDK front-end adds MongoDB APIs and implements interfacing with Hive Node MongoDB services, and complements corresponding test cases; - Improve the data sandbox mechanism based on users and applications; - Improve and test the cloud disk synchronous management and scheduling mechanism; - Vaults synchronous configuration management and configuration data storage management; - Selection and design of the ACL mechanism for Vault data; - Write a DockerFile and create a Hive Node Docker image; - Fix the Hive SDK internals when connecting to Vaults Bugs and additional test cases. Carrier - Release Swift SDK v5.6.3; - Update the declaration method for obtaining TurnServer based on the dependency requirements of the WebRTC SDK; - Carrier Plugin supports receiving/sending binary block messages on iOS platforms; - Resolve Carrier Native SDK internal dependencies Some potential bugs in libcrystal have improved Carrier stability; - Resolve a crash caused by an internal hashtable memory violation in the Carrier Native SDK; - Resolve a GroupID consistency issue for the same group in Carrier Plugin/Carrier Native; - Resolve...
![[Bituo Zaobao] Bituo New York Meetup successfully held; Goldman Sachs CFO: Goldman Sachs's withdrawal of the cryptocurrency trading counter is “fake news”](http://www.bitpush.news/wp-content/uploads/2018/09/admin-ajax.jpeg)
[Comparative New York Meetup successfully held] Comparative New York — On the evening of September 6, the “Comparative New York Meetup” event hosted by Bituo and hosted by Dianying Club was held at the Columbia University Entrepreneurship Lab in lower Manhattan. The event invited Yilaiyun founder Han Feng, founder of Luyin Wang Dong, and Altonomy partner Li You as keynote speakers to discuss topics such as coping strategies under the cryptocurrency bear market and prospects for blockchain technology development. Comparative is a vertical content platform for global blockchain and cryptocurrency industry information. Using the well-known Elaiyun Elastos public chain, it uses a token incentive system to establish a high-quality international UGC community, and is committed to building the most credible and reputable content community and project promotion platform in the global blockchain industry. In response to the current cryptocurrency bear market environment, Han Feng believes that the investment guideline is to stick to the next bull market. “The bear market is actually the next wave of opportunities to make money,” he said. “Cryptocurrency investments are also value investments.” Han Feng believes that value investing is also suitable for investing in cryptocurrencies. He explained the criteria for judging the value of cryptocurrency projects from four aspects. [Goldman Sachs CFO: Goldman Sachs's withdrawal of the cryptocurrency trading counter is “fake news”] According to CNBC's September 6 report, Goldman Sachs Chief Financial Officer (CFO) Martin Chavez said that recent reports about the company abandoning plans to open a cryptocurrency trading desk are “fake news.” Chavez said at the TechCrunch Disrupt conference in San Francisco that reports about the company's crypto trading counter intentions are unfounded: “I never thought I'd hear myself use this term, but I really have to describe this news as fake news.” The news that Goldman Sachs plans to establish a crypto-focused division by the end of 2018 was first reported by Bloomberg in December of last year. However, on September 5, Business Insider reported that the company was canceling the crypto trading desk program due to the unclear regulatory environment in the crypto industry. [Data shows an increase in the correlation between Bitcoin and other cryptocurrencies] Bitcoin's relationship with other cryptocurrencies has become suffocating amid the price collapse. According to Bloomberg, digital currencies are unrelated to other assets, but they are highly correlated with each other. That made the entire market rise last year, but this year it meant they all fell together, leaving crypto investors with few shelters. The MVIS CryptoCompare Index shows the correlation between Bitcoin and the 10 largest and 100 smaller digital currencies. The index has rebounded since the bull market between December last year and January of this year. The correlation jumped from less than 0.1 at the beginning of the year to 0.7, where 1 indicates a strong correlation (the asset is moving in the same direction) and -1 indicates a strong negative correlation (the asset is moving in the opposite direction). Although 0.7 indicates that Bitcoin is moving almost in sync with other crypto assets, the level is slightly lower than 0.9 in April because the price collapse of smaller digital currencies was more severe. As a result, Bitcoin's share of the total crypto market has increased to 55%, the highest value since December last year, according to CoinMarketCap data. [Ripple's General Counsel Leaves the Company, Spokesperson Says] On Friday, a spokesperson told CoinDesk that Ripple's general counsel Brynly Llyr has left the blockchain payments startup. Llyr joined the company in 2016 as its chief legal advisor for a term of two and a half years. A Ripple spokesperson told CoinDesk that Llyr's departure was a “joint decision” between her and the company, but did not specify the reason. Quartz first reported this news. The spokesperson added in a statement: “We are very grateful that she has built a great team. They will continue to focus on the work they began putting in last year. We wish Brynly the best of luck in her next job. And our team at Ripple is looking forward to making steady progress in this ever-growing and unknown industry.” Prior to joining the company, Llyr advised fintech companies, led litigation teams, and collaborated with PayPal and eBay on mergers and acquisitions and intellectual property protection. At the time of the news, Ripple was involved in multiple class action lawsuits. What these lawsuits had in common was that they claimed that XRP tokens were securities distributed by the company. [EOS Blockchain is starting to reduce user costs] The EOS blockchain project hopes to increase the number of new users by reducing account opening fees. EOS...
Bitrate, New York — On the evening of September 6, the “Bituo New York Meetup” event hosted by Bituo and hosted by Dianying News Agency was held at the Columbia University Entrepreneurship Lab in lower Manhattan. The event invited Yilaiyun founder Han Feng, founder of Luyin Wang Dong, and Altonomy partner Li You as keynote speakers to discuss topics such as coping strategies under the cryptocurrency bear market and prospects for blockchain technology development. Comparative is a vertical content platform for global blockchain and cryptocurrency industry information. Using the well-known Elaiyun Elastos public chain, it uses a token incentive system to establish a high-quality international UGC community, and is committed to building the most credible and reputable content community and project promotion platform in the global blockchain industry. In response to the current cryptocurrency bear market environment, Han Feng believes that the investment guideline is to stick to the next bull market. “The bear market is actually the next wave of profitable opportunities,” he said. “Cryptocurrency investments are also value investments.” Han Feng believes that value investing is also suitable for investing in cryptocurrencies. He explained the criteria for judging the value of cryptocurrency projects from four aspects. “The first is the vision of this project because the hallmark of blockchain success is the establishment of a community,” Han Feng said. “The vision of a project is to attract many people to contribute to the project.” Han Feng explained the reasons for the success of these projects using projects such as Bitcoin, Ethereum, and NEO as examples. Han Feng believes that the second standard is the project's leadership team. “It depends on whether this team can keep up with the project.” He said that some teams had no perseverance to complete the project, and there was no way to talk about it until the next round of the bull market. At the same time, Han Feng said that whether the project can solve the industry's pain points is another indicator of whether the project is worth investing in. Using Yilaiyun as an example, he explained how the project would solve Ethereum's existing pain point of not being able to run large-scale decentralized applications. Han Feng concluded by saying that the most important measure is the blockchain project's community. “The top three important elements of blockchain are community, community, community, nothing community is more important,” he said. Han Feng said that blockchain projects are different from internet companies. Internet companies focus on product development, and blockchain projects attract a group of people with common beliefs through a vision. Afterwards, Wang Dong, the founder of the Luyin project, introduced the current situation of decentralized exchanges in the market and the characteristics of Luyin. He said that Luyin's advantage over first-generation decentralized exchanges is lower transaction costs. At the same time, he explained the two major characteristics and use cases of road printing. Reporter Tao Shi This article is from Twitter. The source must be indicated for reprinting...
The blockchain information platform “Bitu”, created by a well-known financial reporter from Wall Street and a team of former Bloomberg senior engineers, received angel investment from blockchain industry leaders and Han Feng, co-founder of Cloud. At the same time, private equity fund UniValues Associates also participated in the investment. Bitu (http://bitpush.news）是面向全球区块链和加密货币行业资讯的垂直内容平台，借力于知名的亦来云（Elastos）公链，采用Token激励体制) to establish a high-quality international UGC community and is committed to building the most credible and reputable content community and project promotion platform in the global blockchain industry. Currently, the most famous blockchain content community is Steemit, created by BM. Steemit uses the steem power (SP) mechanism to use the power of the community to bring up content that has received many likes and receive STEEM token rewards. Ray, the co-founder of Bituo, said, “Relying entirely on the number of effective likes to screen content is fair, fair, effective, and decentralized, but it also has some obvious drawbacks. The most prominent one is that it cannot prevent cheating similar to mutual support groups, and it also cannot solve problems with content quality. For example, a lot of unprofessional, entertaining or erotic content can get a lot of likes. Specialized content doesn't come to light, making the community unattractive to professionals.” To address these issues, the starting point for comparison is specialization. First, Tweet is not big and comprehensive. It's not an all-inclusive platform like Steemit or Reddit, but a vertical content platform for blockchain and cryptocurrency information. Second, the comparison is that it is not completely decentralized, but is similar to EOS. Using the DPOS consensus mechanism, 21 super editor nodes were established in the global election campaign. The super editor is composed of professional blockchain and journalists. Super editors select the best and most professional articles from community manuscripts and publish them. Selected manuscripts and likes and comments on the manuscript will receive comparable token incentives. Furthermore, with the rich development experience of the former Bloomberg team, Bituo will launch functions related to cryptocurrency data analysis and transactions based on news. Steven Li, founder of UniValues Associates, is very optimistic about the Bi Tui team's deep Wall Street financial media background and is looking forward to building a global blockchain information superchain. UniValues Associates is one of the first sponsors to be selected for FCoin's Venture Edition, and is also an early investment institution for well-known projects such as Harmony.one, IrisNet, and VITE. This article is from BiTui Finance. You must indicate the source for reprinting...