Surpass yourself and make progress without end! BEYOND-2020 Blockchain Industry Conference and Annual Awards Ceremony concluded successfully!

On November 24, the banquet hall on the 3rd floor of the Renaissance Shenzhen Bay Hotel was bustling with people. The "BEYOND-2020 Blockchain Industry Conference and Annual Awards Ceremony" sponsored by VeryHash, hosted by Lieyun.com and Lieyun Finance, and co-organized by Huobi and Miner Dad had not yet begun. The check-in desk, booths, corridors and other places were full of guests, and people were coming and going, making it quite lively.

01

“Technology is the first driving force of blockchain”

At 10 o'clock, the conference finally opened with great enthusiasm amidst everyone's anticipation.

At the beginning, A Kun, co-founder of Lieyun Finance and secretary-general of 100P Computing Power Club, delivered a speech on behalf of the organizer. He said that this summit is Lieyun's annual blockchain industry conference, which brings together several major directions such as industrial blockchain, new infrastructure integration, digital finance, digital mining, and distributed storage. Many important guests have been invited, hoping to bring a feast of ideas to the audience.

A Kun, Secretary General of 100P Computing Power Club

Immediately afterwards, Yu Jianing, rotating chairman of the Blockchain Committee of the China Communications Industry Association and president of Huobi University, delivered a keynote speech entitled "The Major Trends of Ecological Evolution of Blockchain Distributed Storage."

He said that what we are experiencing is no longer evolution, but an explosion. The key to the explosion is undoubtedly the explosion of technology, and blockchain is one of the explosion centers. The current wave is the digitization of wealth. In the future, the interconnection of all things and the transaction of all things will be realized based on blockchain, and blockchain distributed storage will play a very critical role.

Yu Jianing, President of Huobi University

Later, Zhou Ming, a digital financial solution expert from Alibaba Cloud's New Financial Division, said that blockchain can make cloud data more reliable, secure, and transparent. He pointed out that blockchain and cloud computing are a perfect combination, and Ant Financial, as a developer and practitioner of blockchain applications, attaches great importance to blockchain and regards blockchain technology as one of its core technical strategies.

Zhou Ming, digital financial solutions expert at Alibaba Cloud New Finance Division

At the event, Conflux co-founder Zhang Yuanjie also gave a keynote speech. He said that the strength of a public chain lies in technology, but the moat is not in technology. Ecology is the moat, and construction lies in the community.

He also emphasized that people can correct codes, and codes can also constrain people. To achieve a balance between people and machines, the entire community needs to be involved in the process.

Conflux co-founder Zhang Yuanjie

02

“Crypto finance continues to move towards popularization and mainstreaming”

Amber Group CPO Annabelle Huang gave everyone a wonderful sharing on the opportunities and risks in the global crypto asset market in 2021.

She said that in the past year, combined with the macro environment, Bitcoin has shown anti-inflation and a certain degree of risk aversion. It is very beneficial when the global benchmark interest rate is zero inflation. In 2021, more users and more funds will participate in the crypto asset industry. Crypto finance continues to become popular and mainstream.

Amber Group CPO Annabelle Huang

Later, Thomas, Chief Community Operation Officer of UENC China, said that in the next ten or twenty years of blockchain explosion, even the smallest individuals will have their own digital assets, and UENC will make real creations around applications. He also emphasized that technology is the first driving force of blockchain, and community is the second driving force.

Thomas, Chief Community Operations Officer of UENC China

Regarding decentralized trading, Red Bull DEX community representative Zhang Yihan made a wonderful speech. He said that in the future, blockchain will become more and more compliant and formalized, and two bigger watersheds will be born: first, IPFS distributed storage dominated by mining farms, which is a phenomenal product; second, trading experience and trading scenarios dominated by trading platforms.

Red Bull DEX Community Representative Zhang Yihan

03

“The development of public chain technology cannot keep up with industry demand”

In a roundtable discussion themed "How Blockchain Promotes a New Pattern of Industrial Integration" hosted by Times Blockchain CMO Miao Daren, Huobi University President Yu Jianing said that at present, all walks of life in China have a basic understanding of blockchain, and they also know that blockchain will change these industries in the future like the Internet . This kind of understanding and popularization is a very big advantage in China.

Joy, partner of ChainUP Capital and head of ChainUP Group in Shenzhen, said that the blockchain industry can be defined from two major directions: one is the infrastructure of blockchain; the other is the application level of blockchain. At present, China is a little behind in terms of infrastructure.

In the view of Conflux co-founder Zhang Yuanjie, even if the government is very receptive to the blockchain industry, it still needs to be carefully observed whether the market demand is really that great. In the context of huge global competition, the industry needs to work together to build a good ecological environment for the blockchain industry.

Lorry Xiong, research director of Amber Group, also expressed his views. He said that in terms of development level, the best scenario for the development of the blockchain industry is DCEP ; the second best scenario is blockchain empowering the real economy, such as blockchain invoices; the third is mining, which is a scenario that is easy to comply with.

Regarding the development of public chains, SCDO Chief Architect CAO Xu Chunxiang believes that the development of public chain technology cannot keep up with the needs of the industry. In particular, the performance and characteristics cannot support some industrial applications. There are not too many domestic companies engaged in public chains, especially those engaged in technology research and development. If they join, they will strengthen the strength of the domestic technology field in the future.

04

“Bitcoin is one more choice, one more freedom”

After discussing the development and transformation of the blockchain industry under the new economic situation, the guests in the afternoon session discussed more possibilities for the segmented tracks.

At the Digital Mining Summit Forum, Cai Yongxu, COO of Miner Dad, was the first opening guest and gave a speech on the theme of "A New Starting Point in the Mining Circle". He said that Miner Dad pursues industry standardization, refined management in the mining circle, and is committed to creating industry-leading technical standards and solutions.

He also said that the management and circulation of mines and mining machines requires rich market experience and in-depth understanding of the capital market.

Miner Dad COO Cai Yongxu

Afterwards, Jiang Zhuoer, a well-known Weibo influencer in the mining circle and founder of Litecoin Mining Pool, gave a keynote speech entitled "How to not only make money but also earn coins in this bull market."

He said that it is very simple to make money in the cryptocurrency circle. In fact, as long as you do some practical things in the cryptocurrency circle, serve some people, and build some infrastructure, you can basically make money. However, it is worth noting that it is difficult to make money. There are only 21 million bitcoins.

"There is a saying I like very much: Bitcoin provides one more choice and one more freedom." Jiang Zhuoer said that Bitcoin provides people with freedom, and this freedom relies on the decentralization of Bitcoin.

Jiang Zhuoer, founder of Litecoin Mining Pool

05

“The investment threshold of the mining market is high”

At the end of the speech session, Kong Meng, the founder of VeryHash, gave a speech on the theme of "Quantitative Trading of Mining Machines". He believes that the mining market has several characteristics: first, the overall market value is very large, and the total market value of all mining machines has exceeded 10 billion; second, the investor threshold is high; third, it has a complete futures and spot market; fourth, the transaction frequency is very low.

He said that VeryHash has done three things from 2018 to now. The first is standardization, the second is liquidity, and the third is financial derivatives around mining machines.

Kong Meng, founder of VeryHash

In the roundtable forum, Wang Chong, founder of NiuHuaLi, Kong Meng, founder of VeryHash, Jiang Zhuoer, founder of Litecoin Mining Pool, Li Yuzhe, operations director of Huobi Mining Pool, Zhang Yunhui, co-founder of CoinSoon, Xu Kang, head of Asia Pacific for Ethereum Classic, Gao Fei, co-founder of Duomi Technology, and roundtable moderator Qingqing, CMO of F2Pool, discussed the new approach to mining in the post-halving era.

Wang Chong believes that the worse the market is, the more you need to calm down and make some arrangements. He also said that when the price of the currency falls, you should honestly mine, and when the price of the currency rises or in the bull market, sell the currency. You have to believe that the price of the currency can come back, or have faith in it, and the real miners should adjust their mentality.

Kong Meng said that he values ​​the value of free market flow and hopes to provide others with an opportunity for free flow so that they can create the value they can create.

In the mining ecosystem, Li Yuzhe believes that the changes lie in Bitcoin financial derivatives , and the fate is in the hands of the market, not in one's own hands.

Qingqing believes that after a sharp decline this year, we have also ushered in a recovery and rise. Each sub-sector has experienced different problems, but the two most important indicators of mining are still the coin price and difficulty, and whether it is profitable is related to this.

Gao Fei said that the company is committed to blockchain mining and computing power layout. In the past three and a half years, it has made layouts in mining machines, mining farms, and mining pools for Bitcoin and Ethereum. In addition, he mentioned that on the mining machine side, Duomi will also exclusively launch FPGA chip mining machines for mining IPFS.

Regarding the miner market, Jiang Zhuoer said that it is important to keep pace. Not many people make money in the miner market and the non-miner market. Mining is a financial behavior, not an industrial behavior. Only those who seriously summarize the financial laws can make money.

Zhang Yunhui said that at this stage, miners can control mining risks within an acceptable range through financial derivatives . Overall, the performance of mining companies this year is remarkable.

Xu Kang mentioned that the Ethereum Classic community always pays attention to miners who use graphics cards to mine Ethereum , establishes a miner community, participates in mining activities, and ensures the miners' income.

06

“Filecoin has many application scenarios in the future”

At the roundtable forum on "Opportunities and Challenges: The Future of Digital Mining", Li Peicai, founder of Shanghai Waiyi, Anjo, head of BD for GSR Asia Pacific, Andy Tian, ​​co-founder of 1475, Shang Silin, partner of Mars Blockchain and president of Mars Cloud Mining, Zhang Ying, co-founder of BitExpress, Wang Qingbin, founding partner of Mine Management, Dayu, COO of F2Pool, and roundtable moderator Wang Xuejing, editor-in-chief of Lieyun Finance, had a fierce exchange of ideas.

Li Peicai believes that ETH2.0 is a hot concept recently , and the most pressing issue to be resolved is TPS expansion. If all goes well, TPS will expand by more than 100 times, which may not be a big benefit to the entire Ethereum system and the Dapp and DeFi projects above it.

Anjo believes that compliance can allow this industry to go further and hopes to attract more external funds into this industry.

Andy Tian said that Filecoin is not targeting the previous cryptocurrency and mining circles, because the funds in the cryptocurrency and mining circles are limited, but is targeting the capital of traditional industries. There are many traditional financial institutions in the mining field, and Filecoin will have many application scenarios in the future.

Regarding the industrial chain, Shang Silin said that the segmentation and improvement of the industrial chain will ultimately result in the rise of computing power platforms for mass investors.

Zhang Ying believes that the foundation of all industries is financial services, but the financial services in the mining industry came relatively late. Due to compliance and opacity, financial services came even later, and she has higher expectations for financial services.

Regarding mine management, Wang Qingbin said that in the new stage, there are still many things that are not enough to support the industry's development towards financialization, compliance, industrialization and scale.

Dayu said that it is recommended that those who are currently digging continue to dig steadily , but if they are going to make large investments, they still need to be cautious.

Wang Xuejing pointed out that many people are looking forward to Ethereum 2.0, but the future development of Ethereum 2.0 is still uncertain, so it is necessary to consider carefully when entering the market.

07

“IPFS and Filecoin are the other side of blockchain”

At the IPFS Distributed Storage Industry Summit Forum, guests discussed the past, present and future of the IPFS distributed storage industry.

RRMine Global CEO Zou Yongcheng said that in the context of a global economic downturn, blockchain is still a standout. From DeFi to Filecoin to BTC, it has driven the craze of the entire blockchain industry. RRMine is fortunate to be involved in turning the big gear of blockchain.

RRMine Global CEO Zou Yongcheng

Regarding Filecoin mining, KeyPool co-founder Jia Xudong believes that the project ecology is very important. Filecoin mining can be simply understood as PoS+PoW, where PoS is staking and PoW is a mining machine.

Jia Xudong, co-founder of KeyPool

As a player from the traditional real estate and financial fields, 1475 Executive Partner Li Junhao shared Filecoin's long-termism. He said that Web3.0 is a possibility, and as the industry develops and consensus becomes stronger, more and more things can be done.

1475 Executive Partner Li Junhao

Wu Chao, Blockchain Industry Director of Sichuan Cloud and Computing Huawei Cloud Business Department, said that in the next 50 years, cloud, 5G, AI, and the Internet of Things will play a key role in social development. Huawei's ICT technologies and products accumulated over the past 30 years are mainly realized through the cloud.

Wu Chao, Blockchain Industry Director of Sichuan Cloud and Computing Huawei Cloud Business Department

Su Minjie, co-founder and CIO of Anti-Entropy Technology, said that IPFS and Filecoin are the other side of blockchain . He believes that a person does not necessarily need to have a FIL in his life, but his life is inseparable from the trusted and secure distributed storage network built by Filecoin.

Su Minjie, co-founder and CIO of Nien-Entropy Technology

08

“One of the biggest opportunities in the Filecoin ecosystem is storage”

Afterwards, the scene entered a roundtable session with the theme of "What are the gold-digging opportunities in the distributed storage industry under the new trend?"

Andy Guo, partner of Open Source Mining Pool, Wendy, VP of Business at Diancun Technology, Su Minjie, co-founder and CIO of Reverse Entropy Technology, Kimmy, brand manager of KeyPool, Wu Chao, blockchain industry director of Sichuan Cloud and Computing Huawei Cloud Business Department, and Zhang Han, moderator of the roundtable and marketing director of Mars Cloud Mining, discussed the issue.

Andy Guo said that the core reason why blockchain is difficult to implement is that the economic model is too difficult to implement. Filecoin may be the most promising project among all the large-scale applications currently available , and it is also the project that has explored the deepest and furthest in practical applications.

Su Minjie mentioned that the only benefit of 10 times the effective data for miners is that they can achieve the same work efficiency with one-tenth of the machines.

Wendy believes that a standardized platform is needed to be combined with DeFi . She also said that mining is becoming more and more financialized and refined, and the demand for mining farms or IDC computer rooms is a continuous demand.

Kimmy said that in addition to mining, the biggest opportunity for Filecoin's ecosystem lies in storage and the reconstruction of data . She also said that the company provides two solutions, cloud computing power and integrated mining.

Regarding the "gold-digging" opportunities of IPFS, Wu Chao said that the most important "gold-digging" opportunities of IPFS are economic models and financial platforms , that is, how to have a good incentive model and a good financial platform to exchange the mined FIL.

09

“Wealth is not a thing but a global credit consensus”

At the Digital Finance Summit Forum, Han Feng, mentor of Tsinghua i-Center and director of the Elastos Foundation, gave a keynote speech.

He said that wealth is not a thing but a global credit consensus. From this point of view, DeFi can continue. Wealth is a product that realizes future finance. The financial market is a game of realizing and investing in the future . This can form large-scale wealth.

He also said that for the free market to be able to trade naturally, it needs a common equivalent, something called credit. This is a revolution in human cognition, which transcends the specific use value. Blockchain develops according to this logic.

Han Feng, mentor of Tsinghua i-Center and director of Elastos Foundation

Then, Song Yang, CEO of Times Blockchain, delivered a keynote speech. Regarding the transformation of industrial blockchain, he said that blockchain can provide a very reliable foundation for large-scale collaboration , just like the current Internet, so blockchain combined with artificial intelligence, big data, and the Internet of Things can bring the entire society together and make us very efficient.

Song Yang, CEO of Times Blockchain

Afterwards, Rocky, technical consultant of MTC Asia, gave a keynote speech on "New Challenges and Opportunities in the Era of High-Traffic Commercial Use".

He said that in the current Internet data ecosystem, all our traffic is in the hands of e-commerce and social media giants. For small and medium-sized enterprises, they are unable to compete with companies with huge data, which has led to the single development of the ecosystem. From a social and industry perspective, the lack of data sharing is the problem that needs to be reformed now.

Rocky, Technical Consultant of MTC Asia

Ge Dejun, founder of Xuanji Technology, also gave a speech titled "Let the Mining Circle Get Out of the Mining Circle". He said that this year, a large number of funds, private equity and listed companies have entered the mining industry on a large scale, and the full implementation of decentralized applications and various financial derivatives and other risk hedging tools have put forward higher requirements for miners.

Ge Dejun, founder of Xuanji Technology

Later, QIAN architect Lei Yu also made a wonderful sharing. He said that there is a serious problem with DeFi's smart contracts, which are basically naked smart contracts. At present, in order to overcome the existing defects of DeFi, corresponding solutions on and off the chain are needed through technical architecture.

QIAN architect Lei Yu

10

“DeFi will become a long-term closed-loop industry in the future”

In a roundtable meeting titled "DeFi's Midfield Battle - Expansion? Cross-chain? NFT?", Chu Kang, CEO of ForTube and founder of Benrui Capital, said that there are many opportunities in expansion, cross-chain, and NFT. We can seize the growth period of dividends in the subdivided fields and witness some small projects grow from ants to elephants.

Wang Xiang, partner of The Force, said that DeFi will become a long-term closed-loop industry in the future. He also said that DeFi will always attract a certain number of fixed people to build a complete system and truly attract the attention of larger funds and institutions through its advantages.

Sun Bohan, founder and CEO of BCA, believes that DeFi can develop together with the asset ecology on the chain. He said that DeFi is a rigid application. From a development perspective, it is still in the early stage of architecture, and high operability limits the development of DeFi.

Darwinia CMO Bree pointed out that traditional financial services require a high trust cost, but DeFi eliminates the trust cost. DeFi has reached a small climax this year and is maturing in a certain cooling period, which is still promising in the future.

Later, Allen Feng, co-founder of Bzone, said that the explosion of DeFi this year is inevitable. He believes that DeFi is not a new word, and this year's DeFi is a landmark time point for blockchain.

11

“You can copy homework when choosing asset level”

After the intense roundtable discussion, Chen Yong, founder and CEO of BitUniverse, gave a keynote speech. He said that everyone in the industry hopes to get rich overnight, but there are very few people who can really make money in this industry. Because of blind thinking, blindly following the benefits and buying, it is difficult for ordinary users to make money. Helping users overcome human weaknesses and become rational investors through some of our products is also what we have always wanted to do today.

Chen Yong, Founder and CEO of BitUniverse

At a roundtable meeting themed "Pai Network*Grid Trading Forum", Chen Xiao, founder of Blockchain Leek Notes, expressed his opinion that grid trading helped me overcome the human nature of all-in.

He also said that from a personal perspective, asset selection is something that can be copied. It is more difficult for investors to choose coins and whether they can enter the market at a perfect price. Using grid trading will not allow you to short sell all of them.

Captain Warren, co-founder of BlockArk, also said that they have benefited from the DeFi boom this year, and user activity is also good. But they are still looking for new tracks. At present, they have seen many new ways of playing, and hope to run some good tracks in this.

At the same time, Duan Shu, the founder of the Coin Friends Club, believes that Pai.com has not only changed the way of trading, but also changed the logical thinking. He said that the logic of Tiandidan is that the general trend of the invested assets is upward. The so-called general trend is with the development of the industry, as long as the currency circle follows this logic.

Haze, the head of BitUniverse's China operations, believes that the logic of Tiandi Order is long-term bullish. Basically, after 100 days, 200 days or even a year, the order will never be closed unless the highest price is reached. In order to strike a balance between rationality and irrationality , Tiandi Order is a very rational operation. If you choose, you must choose the leading asset and the hottest sector.

Special thanks to this conference:

Title Sponsor: VeryHash

Co-organizers: Huobi, Miner Dad

Title partner of IPFS Distributed Storage Industry Summit: RRMine

Title Partner of Digital Finance Summit: Pionex

Chief strategic partner: 100P Computing Club

Strategic partners: Amber, TRON, ForTube, BitUniverse, Conflux, ChainUP, BCA, GSR, Canaan, BTC.com, F2Pool, Litecoin Pool, Waiyi.com, Diancun Technology, UENC

Partners: SafeHouse, Cobo, CCFOX, Steem, Pionex, BitMax, Open Source Mining Pool, Cow Computing Power, Weminer, MTC Smart Traffic Chain, BitExpress, Domi Technology, BiWa, KeyPool, 1475, Spider Mining Pool, Kushen, HKEx.one, Guihua Technology, EXPOWER, CoinSoon, Mining Management, BMEX, Red Bull DEX, Anti-Entropy Technology, SCDO, Mars Cloud Mining, DADA, Bzone, Golden Computing Power Cloud, ETC

Special thanks also go to the host of this conference, blockchain celebrity Sun Yujie, and BitUniverse partner Ms. V.

In addition, we would like to thank our many media partners for their strong support.