The essence of the Internet is monopoly, and it is necessary to subvert the blockchain.

Jiang Chun, a partner of Puhua Capital, Ph.D. in Computer Science and Applications, Zhejiang University, was the chief engineer of Zhejiang Daily Newspaper Group.

The essence of the Internet is monopoly, and it is necessary to subvert the blockchain.

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If the time goes back to the day of the mid-1970s, you will see a child of about four or five years old in the city of Hangzhou, riding his toy car between the short flat white walls and then heading for crowds. The street is far away...·····

The child's parents looked for him like an ant on a hot pot. Mom and Dad first ran around the streets and shouted his name, no results. Later, I ran to the public telephone booth in the community, and the old grandmother who called the phone called the community phone booth where her family was located, and let the maiden community see the old grandmother of the telephone booth calling her family to answer the phone. This was the child who went to the grandmother’s house. .

This is the most profound part of Jiang Chun's childhood memories. From this past, he realized that he had a strong ability to recognize the "road" from an early age.

The essence of the Internet is monopoly, and it is necessary to subvert the blockchain.

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In the 1990s, Jiang Chun obtained a Ph.D. in computer science and applied from Zhejiang University. He served as manager of value-added business department of Zhejiang Unicom, manager of information technology department, deputy chief engineer of Zhejiang Telecom, and chief engineer of Zhejiang Daily Newspaper Group.

When the domestic Internet was still in a wild time, Jiang Chun entered the communication network industry and then experienced three big waves of the Internet. From the wild to the prosperity, the Internet has made the Chinese people's life and business form a big mistake, almost completely changing the way everyone lives, consumes, communicates and travels.

“The original intention of doing the Internet was to decentralize, and later found that the Internet could not achieve profitability in the decentralized mode. Finally, the Internet is still centralized, and even from a certain perspective, the essence of the Internet is monopoly. In terms of the formation of giants of all sizes, this is similar to the bridge of the Devil's Demon, and the brave defeated the demon and put the devil's head on his head. This model of the position of the flag grabs the Internet. The free association of free people 'spiritual value. As Didi became the largest taxi company, Baidu and Tencent became the largest publishing house, Ali became the largest intermediary ······” Jiang Chun said.

The essence of the Internet is monopoly, and it is necessary to subvert the blockchain.

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Nowadays as an investor, Jiang Chun said that investment is a process of exploring the true knowledge of the world. "The perception of the world cannot be closed. It is necessary to predict the new rules and development trends in every change. When I firmly believe in certain things, I must also It is doubtful about this and will open a window for new things."

Jiang Chun believes that the "blockchain" is a trusted Internet, which conveys a kind of trust. This trust is not endorsed by any enterprise or platform. The mechanical algorithm written according to free will is used as the basis of trust to form a protocol to execute. We all guarantee together.

In the blockchain value investment, Jiang Chun believes that products are more important than technology. In addition to encryption algorithms and distributed storage, blockchains do not constitute a bottleneck. Although blockchain technology has a certain threshold of knowledge, this threshold will be rapidly reduced. Jiang Chun predicts that by 2019, there will be many programmers who can do blockchain technology development. In such a situation, more needs to focus on the product.

“It is necessary to consider what kind of products you want to make, and what kind of products meet the application requirements. The pain points of the products are grasped, and a scientific system is established to design products that conform to human rules, social rules, and technological trends.” Purely said.

The essence of the Internet is monopoly, and it is necessary to subvert the blockchain.

Jiang Chun believes that a good blockchain project has three considerations. First, in terms of technology, there are more breakthroughs in the field of cryptography, and the encryption method and efficiency are better; second, the product aspect, do the basic level, such as building an ecosystem such as co-chain; third, application, Can open up the original trust system and create new value.

In the current "blockchain" concept, its wealth effect is also very strong, and the phenomenon of holding the "blockchain" banner and product hard binding is one of them. In this regard, Jiang Chun said: "This is a marketing tool that does not conform to the original definition of the blockchain. But on the other hand, as long as there is value and hotspots in a thing, there will be a potential marketing. Although the product is not really combined with the blockchain technology, it is the hint of the blockchain idea, which has inspired a lot of business inspiration. What makes it really meaningful is that it is a new business idea. New products can change society. It is like a stone thrown into the water, it will form waves, it is also very good."

"From the blockchain in essence, if the blockchain ecology is used to reorganize the Internet, many Internet giants are now being subverted, although we don't know when it will be subverted. Essentially the logic of the Internet and blockchain. Not the same, but the Internet can learn a lot from the blockchain to improve the product, and these advances are worth looking forward to. In this way, increase trust and work together."

For the blockchain five years later, Jiang Chun is full of expectations. He said: "I am full of expectations, because the trust ideas represented by the blockchain can make the world better after five years."

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