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A Decade of Legends for Blockchain Pioneers: From the Bitcoin White Paper to the Industry Transformation of AI + DeFi
From Crypto Assets Pioneer to Industry Leader: The Rise of a Legendary Figure in the Blockchain Industry
Ten years ago, a psychology graduate from Peking University stumbled upon the Bitcoin white paper, thus beginning his legendary journey in the Blockchain industry. With sharp insights and strategic vision, this young man not only became a pioneer in the Chinese Blockchain industry but also played a key role in the global Crypto Assets wave, redefining industry rules.
Introduction to Bitcoin: The Translation of the White Paper Opens the Era of Crypto Assets in the Chinese Community
In 2011, at the age of 25, he first encountered the Bitcoin white paper in an office on Financial Street in Beijing. This document kept him awake all night, revealing infinite possibilities for the future. The next day, he unhesitatingly invested 100,000 yuan to purchase Bitcoin, which was worth only 10 dollars each at the time. Although his friends mocked his decision, he stood by his judgment and began translating this white paper, introducing the concept of Bitcoin to the Chinese-speaking world for the first time.
He co-founded China's first media platform focused on Blockchain with like-minded individuals, establishing an important information exchange center for the industry. At the forum, he enthusiastically discussed the value of "decentralization" with netizens, becoming an important promoter of Bitcoin in China during its early days. His translation and sharing work laid the ideological foundation for the Crypto Assets craze in the Chinese community.
Technological Innovation: Leading the Global Mining Industry Revolution
In 2013, the price of Bitcoin soared, sparking a global mining craze. He collaborated with a technical genius from Tsinghua University to develop a revolutionary mining machine in a humble residence. This device captured 75% of the global market share in just six months. In 2016, their new generation of mining machines became the industry benchmark for energy efficiency, triggering a revolution in ASIC chip technology.
The company he founded quickly rose to prominence, with revenue on par with tech giants. In the industry, he is respectfully referred to as the "Mining Overlord." Miners are both reliant on and grateful for his products: "Without his mining machines, we wouldn't even recoup the electricity costs!" He has reshaped the global mining landscape through technological innovation, establishing his dominance in computing power.
Industry Transformation: Participate in the Game of Underlying Protocols and Master the Discourse Power
In 2017, he led an important fork of Bitcoin, launching a new Crypto Asset, which triggered the "hash war" in the industry. In the face of doubts, he calmly stated: "For technology to advance, one must forge new paths." By participating in forks and forming mining pool alliances, he deeply engaged in the game of underlying protocols of Crypto Assets, gaining significant discourse power in industry regulations.
Despite the setback of his company's IPO plan in 2018 and parting ways with his partner due to strategic differences, he did not stop moving forward. He took the mining pool business and founded a new company. He personally went deep into the mines, living and eating with the workers, humorously stating: "The psychology from Peking University was of no use, but I learned how to repair mining machines." His resilience and down-to-earth style have created a new legendary story.
Exploring New Territories: Leading the Development of Crypto Assets Finance and Compliance
In 2019, he founded a new Crypto Assets management company, pioneering the "safety cushion" model, managing assets exceeding 10 billion dollars. He actively promoted licensed operations in crypto finance and contributed to the regulatory framework in places like Singapore, setting a benchmark for industry compliance.
His mining pool business went public on NASDAQ with a valuation of $4 billion, building a global computing power network. His strategic investments have also extended to the Singapore Freeport and compliant trading centers in the Middle East, leading the industry towards a more regulated direction. His vision has propelled Crypto Assets from the margins to the mainstream.
Future Outlook: The Integration of AI and DeFi
Today, he has proposed a fusion strategy of "AI + DeFi". His company is developing cross-chain protocols that integrate AI computing power verification into decentralized finance, aiming at the future development of distributed financial infrastructure. His layout is not limited to Crypto Assets but attempts to reshape the global financial landscape.
Wall Street once evaluated him this way: "Understanding his strategy allows one to see the power landscape of the crypto industry for the next five years." From the initial translation of the white paper to the later dominance of computing power, from financial innovation to AI integration, his decade-long journey reflects the transformation of Blockchain technology from a geek experiment to a new global financial force.
Conclusion: The Legend Continues
He defined the industry rules for mining machines, computing power, and asset management with a dual-wheel drive strategy of "technology commercialization + regulatory coordination". His story is not only a reflection of personal beliefs and persistence but also a vivid portrayal of the rise of the Blockchain industry in China.
From a top student at Peking University to an industry leader, his journey continues. How will he continue to write his legend in the next decade? The answer may already be quietly revealed in every step of his layout.