Jianliang Shao of Canaan Blockchain: Cloud computing SaaS system will technically support Filecoin mining products

On July 3-4, 2020, the 2020 IPFS Ecology and Distributed Storage Industry Summit was grandly opened in Hangzhou, hosted by POWPOWER and Interstellar Vision IPFNEWS, co-hosted by Canaan Blockchain and Diancun Technology, co-organized by Mike Storage, Computing Power Interconnection, Net Storage Technology, and Yunhu Computing Power; Mars Cloud Mining, Hengtong Cloud, TOPLOONG, Binhe Cloud Intelligence, Xianhe System, Firefly, Shensuan Mining Pool, Xingmai Storage, Xi'an Lingdong Computer, Galaxy Storage Pool, gate.io, KuCoin, Math Wallet, ChainX, RUST, arweave.org, Renren Mine, BitMart, and WBF strategic collaboration, and sponsored by the IPFS1475 exclusive dinner! Industry leaders from the fields of IPFS, blockchain, etc. met here to discuss the development path of the new track of IPFS ecology and distributed storage in the new era.

The organizer of this summit: Mr. Shao Jianliang of Canaan Blockchain delivered a keynote speech on the spot entitled "The Beauty of Computing Power, Starting the Journey in the Cloud":

I think the topic we are discussing today is also a very important area of ​​investment layout at present or for a long time in the future. So I think many things in these areas are connected. The host just said that Canaan has been sticking to it for many years. Since 2012, we have been working on the computing power track and have been making some accumulation in this industry.

Since 2012, we have been focusing on the field of blockchain performance calculation. At the beginning, everyone knew that data currency can use CPU or GPU. We were the first to use dedicated chips to layout this track, leading the transformation of this industry. Today, I actually want to share more with you, because you may know that distributed storage is in its infancy, which indicates the birth of new fields in the future. However, in terms of certain mechanisms, we can learn from the development of POW Bitcoin. There will be similarities, and more future distributed storage will bring many unexpected surprises.

Here is a brief introduction to Canaan. Some of you have heard of our company. There are relatively few giants in the entire blockchain field. We were fortunate to be listed on Nasdaq last year and became the world's first company that can be independently listed in the blockchain field. At the same time, we are also a new species in the blockchain field. We believe that before the birth of the blockchain industry, there was no such industry or even this company that could be recognized by the mainstream capital market. But last year, in October, we were listed on Nasdaq, also in Jianggan District, Hangzhou, and all our light shows advertised Bitcoin globally. So at present, our focus is still based on the integration of blockchain, artificial intelligence, big data cloud computing and other underlying technologies to empower our applications and industries.

You may also want to know, in addition to what we will talk about in the next two days, how big is the computing market, and what kind of imagination space is there in the future of the storage market through the computing market. From 2009 to now, we have witnessed the development of the computing market in the past ten years. As mentioned earlier, the earliest digital currency can be mined by desktop computers, but we can also see that with the continuous evolution and development of the industry, the speed of iteration and update of the entire technology is still very fast. From my personal understanding, it is still faster than our traditional Moore's Law. It can be seen that from 2011 to 2013, 2013 is a key point. Our company released the world's first mining machine in 2013, heralding the entry of the entire supercomputing field into a new era. In the following years, we continued to transition our chip technology to 55 nanometers and 28 nanometers. In 2018, we started mass production of new nanometers.

In 2019, the total network computing power reached 10 billion. You can see that the computing power has evolved over the past decade, and its growth curve is very steep. On the one hand, it means that more participants from all over the world are participating. At the same time, such a large amount of computing power represents a large number of servers and computing devices, which means that our infrastructure is constantly improving and constantly helping us build a more secure and stable underlying blockchain network.

I believe that in the future, if you can see that the changes in the past ten years may be in the field of distributed storage. All of them can be used as reference. Regarding my topic, I also want to share with you that in the past experience and development process, we also found that in the construction of future infrastructure, not only do we need your participation, but we will also find that in the evolution of this process, more professional service providers are needed to provide such a service for everyone in the future, which may be a more reasonable choice. Here are some risks that we know about ourselves. Whether as an institution or an individual, if you participate in it, you must consider the risks. The growth of computing power and the cost of operation and maintenance are problems that all customers will face. This is not a situation that can be changed by us as an individual. However, as an individual, we still have some ways to reduce risks as much as possible, such as the choice of some equipment and models, such as choosing what kind of service provider, so that we can make some identifications on our personalized differences, thereby affecting the return on our investment. This is our past analysis.

At present, the investment targets that can be used for cloud computing power are Fllecoin, which will be discussed more later. Bitcoin is an investment target that everyone feels is reliable in the past few years. The subsequent ones that are similar to Bitcoin are also based on hard drives and storage. These are products that we can purchase and invest in the cloud in the future and get some returns by providing such infrastructure services.

At present, you can understand the market of cloud computing power. In terms of the distribution of the Bitcoin market, professionals account for the majority. Now basically all customers who want to participate in this industry must have hundreds or even thousands of devices. Your equipment must be placed in professional equipment centers and supercomputing centers to ensure safe and stable operation. As a result, the threshold for individual users to participate in this industry is relatively high. So here we present to you the current possible pattern, which may be replicated in other places in the future. How can individual investors also participate in it? Cloud computing power may change and lead this industry to better build the bottom layer of our entire infrastructure in the future.

At present, Fllecoin is a cutting-edge technology that Canaan often pays attention to. We have also done some research. At present, we believe that Fllecoin is a peer-to-peer distributed network protocol, forming a more efficient network that is not controlled by enterprises. This is also the reason why everyone came. As you all know, the traditional cloud market, Alibaba and other markets have increased very fast and have good performance. Will this market only be the market of giants in the future? It is also possible that our Fllecoin network will allow more users to participate in the construction of the entire information technology infrastructure in the future. Of course, the most important thing is that if we want to provide such services, how can we compare security and authenticity with giants? This Kaiyuan network guarantees the security, reliability and long-term stable storage of our data. These projects have brought us an understanding of the industry. Today's guests will give you a better popularization in more detail.

Why is Fllecoin cloud computing doing this now? As you can see, compared to a single server, the cluster architecture has greater advantages in transportation, transmission, and storage, and the cost is very low. In terms of the convenience of deployment, if you buy it yourself, the threshold for debugging, pricing, and operation and maintenance is relatively high. I have some skills myself, and I have done a lot of homework on Fllecoin. For general users with a relatively high threshold, you may be less worried about cloud computing. Storage pays more attention to the stability and security of data. At this time, we generally choose a professional IDC computer room, where operation and maintenance capabilities are very important, and cloud computing service providers have a great advantage. The most important thing is low-threshold mining. We may lower the threshold by changing to a cloud computing method.

There are also some platform partners or traffic media here. There are many ways to participate here. You can easily attract traffic through cloud computing power, which can be achieved. There are also those who already have good traffic but don’t know how to let users monetize the traffic. In this way, you can also carry out some work. This is for those who want to participate in the track and engage in this industry. They can make some expansions through Fllecoin and cloud computing power.

Canaan launched the project last year and announced this product after more than half a year of research and development. We also held an online press conference last year to let more partners know about our current products. We provide a SaaS-based cloud computing service platform. In this platform, we do not directly provide cloud computing power to customers. We want to empower our partners with our experience in this industry, especially the accumulation of technology over the years, and our control of the supply chain, so that they can directly optimize some products for the C-end.

Here, we consider that computing power is a global market. We have multi-language versions. We also consider personalized needs in the expansion and reserve many interfaces. If the business volume is large, how can the architecture support everyone to visit or purchase? These are all for the consideration of our platform-level service provider. We will also design this complete set of products from the perspective of users and partners. These are some of our samples, which are basically related to mining machines and other things. These can facilitate our partners and expand their business. These are some backgrounds. At present, the whole empowerment is simple. There are 4 steps to participate in this field and expand your own business. The first is one-click online, and we have also done some simplified operations. Then the personalization is mainly due to the different backgrounds of different partners. He may have many ideas when doing his own business. Personalized customization is very important. The most important thing is the supply chain. Everyone has to consider how to open up the entire industrial chain. Canaan can provide a system in this area. We think the core value point is how to empower the resources and years of experience of the industrial chain, so that everyone can carry out these businesses stably. Including platform promotion, these are all services we can provide to everyone. Of course, I would like to emphasize why we can provide such services and are willing to promote such products. On the one hand, we have been in this field for 6 years and have gained some experience in this industry, including the pitfalls we have encountered before, and we have our own summary.

We have many technical experts in the entire business process who try to do business as legally and compliantly as possible. We have also considered these issues for everyone in terms of partner resources, low thresholds, and high returns. You can look at some of the computing power services based on POW in the past. We have partners, so you can quickly spend less time exploring and exploring, and you can quickly get into it by being good at traffic and user platforms.

So we basically have two service models for cooperation. One is independent deployment, which is for those who want to engage in this industry, take root in this industry and slowly work in the cloud computing market for a long time. We can make some personalized customization, which can be more flexible and better serve its users. We can also add some business modules and profit growth points. Our SaaS service is more economical and feasible, and it is a product method that can produce results quickly.

So, to sum up, we at Canaan Cloud hope to build a service platform at the bottom of blockchain not only in the field of POW and supercomputing, but also in other basic fields, especially storage, communication or other basic service levels of blockchain. There is a formula that I found. Cloud computing power is very good at combining the supply chain capabilities of our Chinese blockchain supercomputing industry with global users. This is a very perfect business model, and it is worth it for more people here to participate in some such business layout in the future. If you are interested in what I just said, you can scan our WeChat. We very much welcome more people to join us in the big blockchain track, including distributed storage, Fllecoin, etc., valuable projects based on blockchain.