Pioneer in the Blockchain Field: Han Feng's Insights and Practices

Han Feng is a well-known evangelist in the Blockchain community, holding multiple identities: a PhD student in Quantum Physics at Tsinghua University, a visiting researcher at Columbia University, and the founder of the Elastos Foundation. Since entering the Blockchain industry in 2015, Han Feng has been active on the front lines, closely integrating theory with practice, and has developed a unique theoretical system of Quantum Wealth Theory.

Recently, Han Feng shared his views on the current Blockchain industry during an interview. He candidly admitted that the fluctuations in the capital market cannot be influenced by individual will. Even during market downturns, he had tried to stabilize the market, but it has been proven that the bear market is unstoppable. Han Feng emphasized that in such situations, the most important thing is to work diligently.

Speaking about the Yilaiyun project he co-founded, Han Feng stated that they are currently progressing steadily according to the white paper. It is worth noting that Yilaiyun's sidechain is about to complete compatibility with EOS and Ethereum smart contracts, which will significantly reduce the operational costs of applications. Despite facing market challenges, the Yilaiyun team has maintained a size of over 70 people without any layoffs.

Han Feng firmly believes that blockchain technology will profoundly change the landscape of the Internet. He pointed out that in the current Internet era, personal privacy is difficult to protect effectively, and the emergence of blockchain technology provides the possibility for data ownership verification. He likened it to the rise of the real estate market, which requires personal property ownership verification; in the future, everyone may truly own and monetize their data assets.

In Han Feng's view, trusted computing is the core technology of the second generation of the internet in the future. He predicts that in the next two to three years, trusted computing will achieve breakthroughs in key areas, such as the distribution and protection of digital works. He emphasizes that this relies on P2P communication technology to ensure that no intermediary can intercept data transmission.

Looking ahead to 2019, Han Feng is particularly optimistic about the development of P2P networks. He believes that decentralized communication will become a key direction in the coming years. Han Feng explains that the essence of the second-generation internet is to remove various centralized links present in the first-generation internet. For example, Bitcoin and Ethereum are systems that do not require the participation of centralized institutions, which contrasts sharply with traditional centralized payment and contract execution methods.

Han Feng also mentioned that traditional mobile communication poses a risk of privacy leakage, while decentralized P2P communication tools are expected to address this issue. He revealed that Elastos has already made attempts in this field.

Overall, despite the challenging current market environment, Han Feng remains confident in the future of Blockchain technology. He urges industry professionals to maintain patience during difficult times and to continue delving into the technology to prepare for the next wave of development.