Anndy Lian To Moderate at the CABA ASEAN Summit 2020 on Technology Adoption & Investment Trends

Anndy Lian, Advisory Board Member of Hyundai DAC will moderate a Panel Discussion at the CABA ASEAN Summit 2020 on 16 September 2020. Together with the panellists, they will be talking about technology adoption & investment trends and in particular on artificial intelligence and deep tech.

We will cover the following topics:

> Transformation of business technology – Opportunities, risks, and solutions
> Liability for artificial intelligence – Who is responsible
> Playing catch up – Regulation vs technology: The legal issues
> Creations and inventions by artificial intelligenceWho owns them?
> Ethical artificial intelligence – How do you prevent artificial intelligence from being misused?

You will also be hearing from:
> Dr Andrew Wu, Founder & Chief Executive Officer, Meshbio Pte Ltd
> Sheeram Iyer, Chief Executive Officer & Founder, Prisma Global
> Stephen Ho, Group Chief Operating Officer, Skylab Group

6th RHT CABA ASEAN Summit, with the overarching theme of “ASEAN – Dynamic Capabilities” delivered on a hybrid format on 15-16
September 2020, from 10am to 1:30pm.

This year, we are introducing a new component to the Summit centred on the China-ASEAN Business Alliance (CABA), a platform to promote business ties and collaboration for the China and ASEAN region. A series of insightful CABA forums will be held in the lead up to the Summit.

In 2020, Covid-19 wreaks havoc in all aspects of our lives globally. The health of the world’s population, economy and environment takes centre stage as organisations grapple with an increasingly volatile, uncertain, complex and ambiguous environment. The Summit’s focus on harnessing dynamic capabilities aims to deliver insights that will help businesses and organisations thrive during challenging times. The specially curated programme will dive into sustainability and the environment, healthcare, technology and intelligence. Up to 250 C-Suite Executives, ASEAN business leaders and industry professionals from various economic sectors are expected to attend. Past summits have also attracted the attendance of the diplomatic community and numerous Ministers as the guest-of-honour.

Join them on this 2 days conference,  Minister Edwin Tong, Minister for Culture, Community and Youth and Second Minister for Law will also deliver his keynote speech.

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Anndy Lian Speaks to Bobby Ong, co-founder of CoinGecko on Blockchain, Cryptocurrencies, DeFi & beyond

Blockcast.cc: Dear Bobby, this is Anndy Lian, I am a governmental blockchain advisor, book author and most recent Board Member of Hyundai DAC. We have in fact met very briefly in Malaysia during one of your meet-up. Good to hear from you again, can you give an introduction of yourself?

Bobby: Sure! I’m the co-founder of CoinGecko, an analytics platform for tracking cryptocurrencies and blockchain assets. CoinGecko was established in April 2014 and is the largest cryptocurrency data aggregator in the world.

CoinGecko provides comprehensive information derived from thousands of data points such as price, trading volume, market capitalization, developer strength, community statistics, and more. We currently track over 7,000 tokens from more than 400 exchanges.

Blockcast.cc: Tell us how you started CoinGecko?

Bobby: I met my co-founder, TM Lee in 2013. We were both interested in Bitcoin and were trading some alternative cryptocurrencies. We wanted some additional data such as community and developer data that was not available anywhere else. We decided to track these data on a website and make these data available for other people as well. This was how CoinGecko got started.

 

Blockcast.cc: What is your vision and mission for CoinGecko? What do you aim to
achieve in the long run?

Bobby: Our mission is to empower the cryptocurrency community with a 360-degree overview of the crypto market. We believe that in the future, anything of value that can be tokenized will be tokenized. We are building the infrastructure needed to track this decentralized future where we will have millions of tokens trading in the world and we aim to help traders get the relevant information for these tokens.

 

Blockcast.cc: I have openly commented on how the metrics do not work well in today’s context where many of the projects/ exchanges washed their trades. How do you see this? How can this be improved?

Bobby: Yes, we used to sort exchanges by trading volume. However, by early-2019, we started noticing that many exchanges were conducting wash trading and faking their trading volume numbers to appear larger and more liquid than what they actually are. We were not happy that the results for exchanges were no longer accurate and felt a deep responsibility to our users not to divert them to these small exchanges faking their volume.

Thus in May 2019, we introduced an algorithm to rank exchanges called Trust Score. This algorithm looks at multiple metrics for exchanges such as bid/ask spread, orderbook depth, web traffic estimate, exchange API quality, AML/KYC compliance and cybersecurity practices to give a holistic overview of each exchange’s quality. Exchanges are graded on a 1-10 scale and many of the exchanges conducting wash trading were no longer ranked at the top on CoinGecko.

 

Blockcast.cc: How is your ranking metrics compared to other similar platforms?

Bobby: We were the first crypto data aggregator to move away from ranking exchanges using trading volume. We saw how this metric had been manipulated by many non-regulated exchanges and introduced Trust Score to look at other liquidity based metrics.

Our metrics take into account several factors mentioned above such that it is holistic and robust. It does not use anyone single factor that can be easily manipulated by exchanges. We are also constantly looking to improve Trust Score and have done a few improvements since our launch.

 

Blockcast.cc: Will there be a chance that CoinGecko will transform into a wallet or an exchange? If no, will the group most likely to invest indirectly into the ecosystem?

Bobby: We view wallets and exchanges as our partners and have no plans to offer either of the above services for the time being.

If there are interesting opportunities to invest, we may consider it on a personal capacity as CoinGecko does not currently invest in any companies directly.

 

Blockcast.cc: What is your personal opinion of the blockchain and crypto industry? What is the future like?

Bobby: We view the blockchain and crypto industry as a multi-decade growth industry similar to how the Internet industry was in the early-1990s. There are tremendous opportunities offered in this space. It is still very hard for the average person to use crypto apps and as these apps get easier, faster, cheaper to use, it is expected that the mainstream audience will start using them and fuel growth in the years to come.

Blockchain and crypto industry offers permissionless innovation and there will be many interesting protocols and applications launched in the future. We view a future where there will be millions of tokens and we are building the foundation needed to support this future.

 

Blockcast.cc: How do you see Bitcoin, do you think Bitcoin will go to a value of $100,000 per coin like some said?

Bobby: Yes, I don’t see why Bitcoin will not go to $100,000 in the next few bull runs. Can’t tell when but eventually in the future. Bitcoin’s price is highly speculative by nature.

 

Blockcast.cc: Apart from Bitcoin, can you name 5 more coins that you see huge potential?

Bobby: I am particularly interested in seeing how Ethereum will perform as most of the innovations are coming on top of the Ethereum platform such as Decentralized Finance.
I am also interested to see how exchange tokens such as Binance Coin perform. Will it evolve from a fee-burn model or convert into some sort of governance model in the future.
I am also paying some attention to governance tokens such as Maker, Kyber and Compound. These governance token models will probably be something that will be adopted by many token teams in the future.

 

Blockcast.cc: Please share an inspiring quote for our readers.

Bobby: I like this quote by Tony Fernandes, CEO of AirAsia:

“Believe the unbelievable, dream the impossible and never take no for an answer.”

 

Blockcast.cc: Tan Sri Dr. Fernades is indeed an inspiring legend in the South East Asia Market. I have the honour to meet him in Singapore over dinner many years ago. He is an industry changer. Thanks for your time Bobby. Your insights are great. Keep up the good work for the crypto industry. 

 

 

 

Original Source: https://blockcast.cc/interviews/blockcast-cc-in-conversation-with-bobby-ong-co-founder-of-coingecko-believe-the-unbelievable-dream-the-impossible-and-never-take-no-for-an-answer/

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Anndy Lian to Speak at RHT RMF GAIL Sustainability Forum 2020

I will speak at the RHT RMF GAIL Sustainability Forum, happening online on 28 August 2020 on Sustainability & Blockchain. Ms Grace Fu, Minister for Sustainability and the Environment will be Guest-of-Honour and the Keynote Speaker for the virtual forum. See you later this week.

Many companies are under the microscope for struggling to prioritise sustainability in their business and operational strategies. Being at the forefront of sustainability is not only about excelling at compliance and reputation building, finding market opportunities, and meeting growing consumer interest in sustainable practices.

At the heart of sustainability leadership and development in every organisation is a culture that creates a lasting, tangible impact on our society. But what are the top business practices that are shaping corporate sustainability and reaching its targets today? Learn about these determinants and more at the RHT RMF GAIL Sustainability Forum, happening online on 28 August 2020, Friday 2:15pm to 5:15pm.

 

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Quick AMA with Anndy Lian on DeFi at Asia Blockchain Community

 

Blockcast.cc: Thanks for the time everyone. Today at Asia Blockchain Community, we want to answer some of your questions on DeFi since we have several AMAs in the past one month. Drop your questions now.

Anndy Lian will try to answer them. Anndy Lian is an intergovernmental blockchain advisor. His latest appointment is the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group where he looks after the governance and compliance aspects of the business. Hi Anndy. 

Anndy Lian: Thanks, sorry I had limited time today. I will try to take on 3-5 questions.

 

 

Questions from the channel (https://t.me/Blockcastcommunity): 

Shuja Hashmi, [14.08.20 19:43]
DeFi is one of the hottest topics in the blockchain space right now. Do you think DeFi will disrupt the existing financial system?

What are your expectations in the future implementation of the Blockchain Technology? In what way will the average person be influenced by Blockchain?

Jack ♥️♥️♥️, [14.08.20 19:43]
What is the transparent part of the token

Jack ♥️♥️♥️, [14.08.20 19:44]
Can we stake credit and the other token ??

Abid Rana, [14.08.20 19:44]
Defi is taking the market, are not people running behind making their investments double instead of solving real-world problems?

❤❤❤Momma Apple💛💛💛, [14.08.20 19:44]
Give Insights on DeFi market and future opportunities.

Jenny Zheng, [14.08.20 19:45]
Guys, Q&A will not be relating to PROXI, can ask anything relating DEFI

Jack ♥️♥️♥️, [14.08.20 19:45]
What major part will solve it DEfi ? What is ETH difference with this

Jack ♥️♥️♥️, [14.08.20 19:45]
Is Defi is full transparency and full secure..?

♥ #Ms khate 💛👈, [14.08.20 19:46]
With the emergence of new cryptocurrencies, utility tokens what can #defi project offer to the investors and coin holders in terms of the sustainability and stability of this platform?

Jenny Zheng, [14.08.20 19:46]
we will close the floor till 19:50 🙂 then Mr. Anndy will start to answer

Jack ♥️♥️♥️, [14.08.20 19:46]
How Defi can impress new investors in Cryptocurrency?

♥ #Ms khate 💛👈, [14.08.20 19:47]
How does #defi project provide real-world data to smart contracts?

Jack ♥️♥️♥️, [14.08.20 19:47]
Did Defi is good in a real lifetime,?

❤❤❤Momma Apple💛💛💛, [14.08.20 19:47]
Give Insights on DeFi market and future opportunities.

Shuja Hashmi, [14.08.20 19:47]
What is future Of DeFi project’s after YAM Scam? How average person will gonna Trust on DeFi Projects?

Venkatz K, [14.08.20 19:47]
Is De-Fi is fully Structured or still runs on Trial and Error Method?

Jack ♥️♥️♥️, [14.08.20 19:48]
How Defi can maintain their success? Or it will go down?

♥ #Ms khate 💛👈, [14.08.20 19:48]
Community support is by far one of the biggest factors for the success of a project.
What has the team #defi has planned on increasing the user experience?
How can the community get involved and be a part of your projects?

Abid Rana, [14.08.20 19:48]
#Defi is everywhere, in fact, taking over the whole market which is already in its evolution stage. New people scamming using the defi projects, what do you think will not hurt already shaking the reputation of crypto as it is very easy to be used for terrorist activities

Jack ♥️♥️♥️, [14.08.20 19:49]
Are there big Communities of Defi or small community of every Defi project?

Jenny Zheng, [14.08.20 19:49]
1 more minute 🙂

Jack ♥️♥️♥️, [14.08.20 19:49]
Defi can change real life of people’s to help like in Fiat market?

Jack ♥️♥️♥️, [14.08.20 19:50]
What inspired you about Defi??

Jenny Zheng, [14.08.20 19:50]
floor will be closed

❤❤❤Momma Apple💛💛💛, [14.08.20 19:50]
Q. What are the benefits of Defi project in everyday usage i? How effective will they be if there is a market crush and why?

Jenny Zheng, [14.08.20 19:50]
Mr. Anndy you can start to answer

♥ #Ms khate 💛👈, [14.08.20 19:50]
What was the value of tron in market cap haha

Jenny Zheng, [14.08.20 19:51]
@anndylian

 

 

— Replies —

Question 1: Shuja Hashmi: 

DeFi is a relatively new item and some say it is a fad. But to me, DeFi is giving us a new future to handle finance. So let’s not be unheartened by YAM and give a bad name to the whole DeFi market.

Anndy Lian: 
Whether YAM is a pure error or they do it on purpose, I don’t know. But I do know that if a project pumps too high in a short time, this is not sustainable.

An average person should not invest in DeFi. They should know what is DeFi before putting their hard earned money into it.

Right now it is the bull market (in my own opinion), we need to manage the risk properly. We should not overleverage ourselves and believe that a token could be pumped to 1000% returns.

So if we control our greed, then we will most likely fall into the trap of fake DeFi.

 

 

Question 2: Jack

Defi can change real life of people’s to help like in Fiat market?

This is a double-edged sword.

Anndy Lian:
While many complained about fiat, many love fiat because they know how to navigate in the financial system.

So for a straight forward answer: Yes DeFi will change our lives. CeFi and DeFi are complementary to each other.

So in order for DeFi to make it big, we need more decent projects, better people running them and not let history repeats itself by allowing the traditional banking people to ruin this again.

 

 

Question 3: Mahathi

What about JUSTSwap?

Anndy Lian:
In one of the article where the editor asked for my opinion, I said that ETH is taking the lead and all others are chasing his tail.

This is still the case.

But Tron and its ecosystem may be able to change some of the Defi problems that we are facing right now. Gas fees

If you are into Uniswap and all, you will notice that the gas fees are very high right now.

Well many of us are able to pay it since the possible returns are high enough to cover the cost.

BUT!!!

I cannot accept the fact that when I pay a high gas fee and the transaction still fail.

Imagine each transaction fail will means that we pay around $5 for a fail transaction.

It is not right to charge for fail transactions.

And since it takes time, we lose gas fees and also opportunity cost.

This is a double loss for many of us.

So I do hope to see JUSTswap making a difference in it

 

Blockcast.cc: Thanks, Anndy for his time. Stay on Asia Blockchain Community to learn more about blockchain. See you soon. 

 

Original Source: https://blockcast.cc/interviews/quick-ama-with-anndy-lian-on-defi-at-asia-blockchain-community/

 

About Asia Blockchain Community (#ABC):
Asia Blockchain Community (ABC) is a community that is based in Asia and run by Asian. We know the market very well and is backed by panel of blockchain & crypto experts and influencers. Our mission is to create value for projects & members & educate the general public about blockchain and crypto through the work in our community.

About Blockcast.cc:
Blockcast.cc is a broadcasting news source for the blockchain community. Founded in South Korea and Singapore, Blockcast has a network of contributors in China, Hong Kong, South Korea, Singapore and Malaysia. We have helped global blockchain and cryptocurrency companies reach their marketing, public relations and advertising goals.

 

 

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Talk about DeFi with Anndy Lian, Advisory Board Member of Hyundai DAC & Paolo Ardoino, CTO of Tether

Blockcast.cc: This is our weekly segment where expert meets expert. Let’s meet, Paolo Ardoin0 CTO of Tether & Anndy Lian Advisory Board Member of Hyundai DAC. Hi gentlemen. 

 

Paolo & Anndy: Hi Jenny.

 

Blockcast.cc: Let me start off with this question: Tether has grown significantly, what is your partner’s network like at Tether?

Paolo: The market cap of Tether has recently risen above US$11 billion. Tether works across a diversity of different blockchains, including Algorand, Ethereum, EOS, Liquid Network, Omni and Tron. Further, Tether operates a robust AML regime underpinned by adherence to, as a baseline minimum, U.S. Bank Secrecy Act standards.

 

Blockcast.cc: Ethereum is the market leader for DeFi now, do you think they will keep this position for long? Who else is the next contender?

Paolo: We are not in a position to comment on Ethereum’s longevity in DeFi. Definitely, we expect to see other blockchains trying to catch up and compete in this space. However, the Ethereum community continues to be really supportive of Tether. Their support has contributed to numerous DeFi projects wanting to use Tether for their projects.

 

Blockcast.cc: Tether is an enabler in the crypto space. Do you have plans for tether in the DeFi market?

Paolo: Tether (USDt) is playing a central role in the rapid ascent of decentralized finance (DeFi). As the most liquid, stable and trusted stablecoin, USDt will continue to help shape industry developments in a decentralized manner. We are aiming for USDt to be adopted by more DeFi projects, and that USDt will become the reserve currency of DeFi.

 

Blockcast.cc: Lastly, how do you see the DeFi space shaping up in two, three or five years?

Paolo: The DeFi space will continue to drive an alternative financial system that is disintermediating the need for banks and trusted centralised third parties. We will continue to see innovation in the DeFi space with USDt functioning as the reserve currency of DeFi, providing much-needed liquidity across the leading platforms in the space.

 

Blockcast.cc: I saw that you have been commenting about DeFi. Let me start with this question. At the moment, available data suggests that the vast majority of total DeFi value is locked into platforms that use the Ethereum blockchain. In your view, why is this the case? Is Ethereum the best platform for DeFi? Or was it simply the early mover?

Anndy Lian: Ethereum has the first-mover advantage as of many times in the crypto history from taking the lead to the early ICO to smart contracts and now DeFi. Ethereum is the 2nd on the chart and one of the best testing bed for the industry. If Eth cannot make Defi work, no one else can.

 

Blockcast.cc: Besides Ethereum, Tron and EOS have a notable presence in the DeFi space. Do you expect them to increase their market share in the future?

Anndy Lian: The market share is starting to spread but it will be slow. Ethereum will take the lead till 2021 on Defi while the rest are playing catch up. Justin Sun’s Tron DeFi project are gaining traction too but not as fast. We may be expecting to see big movements there too.

 

Blockcast.cc: How do you think the launch of Ethereum 2.0 will affect this picture? Do you expect Ethereum to increase its market share once it transitions to a more scalable proof-of-stake consensus mechanism?

Anndy Lian: When ETH goes into its full scaling mode, they will create another wave, it could be after Defi. I hope the 2.0 era will help elevate all coins. Tether will play a big part in this new wave too by providing liquidity.

 

Blockcast.cc: Lastly, how do you see the DeFi space shaping up in two, three or five years’ time? Will Ethereum still be the main DeFi blockchain?

Anndy Lian: The bubble is huge in the Defi space going at the current pace. The kind of return investors get from sites like Uniswap are very high, at times it is like an overnight 100%. If the current players create a proper environment and follow some form of governance, Defi will grow stronger in the next 2 years time. But if everyone is trying to get short term gains and every project tries to become “DeFi”, then this crazy period will just be a shorter ICO like run for the industry. Thanks, Jenny for bringing us together for this segment.

 

Blockcast.cc: Thanks, Anndy and Paolo for the wonderful replies.

Paolo: Likewise, we are all building up the crypto ecosystem.

Anndy: We are all shifting toward a decentralised finance era and there will be more excitement to come.

 

Blockcast.cc: Thanks gentlemen for your time with us this evening. This interview is bought to you by www.blockpaths.com and facilitated by www.blockcast.cc. For more interviews, please go to www.blockcast.cc/interviews.

 

Original Source: https://blockcast.cc/interviews/fireside-exchange-with-blockchain-experts-paolo-ardoino-and-anndy-lian-shifting-towards-decentralized-finance-era/

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Interview with Anndy Lian on Crypto-Wednesday Episode 10


Asia is constantly breaking new ground in crypto, blockchain and FinTech and it is time to hear from experts with deep regional expertise. Thus, Crypto-Wednesdays is proud to feature a wide-ranging interview with internationally recognized business strategist and acclaimed author of “Blockchain Revolution 2030” – Anndy Lian.

Anndy has been involved in a multitude of initiatives and projects in Korea, Singapore, and beyond, including the Asian Productivity Association and Linfinity (the world’s first distributed supply chain platform). Anndy has incubated several startups and is an active/activist investor with a keen sense of the opportunities arising from deploying disruptive technologies in the world’s most vibrant and expansive economic space.

All this activity and thought leadership has drawn the international media’s attention and Anndy has become a frequent studio guest and cited expert.

So… what can Anndy tell us about how politics, investing, crypto and blockchain will play out in Asia in the epochal 2020s? Join us and find out.

TIME & DATE
Wednesday, August 19, 2020

5:30 AM Pacific Standard Time
8:30 AM Eastern Standard Time
2:30 PM Central European Time
8:30 PM Singapore Time

 

ZOOM Info
https://zoom.us/j/89200977541

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FOMA Magazine Feature Interview with Anndy Lian on Art and Blockchain: “In code, we trust art. Heading global with blockchain.”

Thank you FOMA Magzine for the interview. It is always good to share how blockchain can be adopted. Art industry will definitely benefit from this technology.

 

 

Art is part of our lives, we see them in all shapes and forms. Technology plays a similar part in our lives too, in every step we make.

I have travelled around the world meeting people and advocating blockchain technology since 2017. During this period, I have managed to convince governments, government-linked companies, schools and also traditional businesses to embark on the technology journey. Many of them are happy with the decision and especially during this COVID period, they have benefited more than before as the world has gone into the digital space and blockchain been the technology that enhances security plays a vital role.

In this article, I would like to share about the art industry and how digitalising their work will bring them more good than staying traditional.

 

What is art?

To me, art is an expression of human creative skills and imagination. It is typically in a form of painting, sculpture or music, literature or dance. Ultimately, it expresses the artist’s conceptual ideas, technical skills and creatively intended to be appealing to the senses and emotions.

 

How big is the art industry?

The global art market grew 6% in 2018 to $67.4 billion in sales, according to economist Clare McAndrew’s report “The Art Market 2019,” released by Art Basel and UBS on Friday. That total makes 2018 the second-biggest year for the art market in the past decade, trailing only 2014 when sales totaled $68.2 billion according to statistics obtained from Artsy.

Art on the secondary market is often sold at an auction house. The artwork will be made available to the public and anyone can observe the price and buy it. Many times, gallery owners also bid at the auction to control the market price and value. I believe that a combination of art and technology will help to increase transparency in the industry. Blockchain can play a big part in it.

 

Going virtual

In the current pandemic times, everyone is encouraged not to travel. I do see that art is going digital too. Rembrandt, Miro, Banksy fetch millions at Sotheby’s virtual art auction. This is their new live stream auction format featured many pieces of artwork spanning five centuries of art history. This event attracted bidders from all over the world and managed by auction house’s staff from New York, London and Hong Office offices. Technology enables the sale. Good art waits for no man, be it virtual or physical.

 

What is the future for art?

As we move a step ahead on art and technology. I want to share a few things.

  1. NFT Collectibles Art

NFT stands for non-fungible tokens. Tokens are not mutually interchangeable and each token is different, as opposed to regular cryptocurrencies like Bitcoin, Litecoin that are fungible. These characteristics make NFT tokens perfect for verifying the ownership of unique digital items, like crypto collectables and digital art.

  1. Blockchain Tracking and Tracing + Authenticity

As mentioned, tokens can able verifications of digital collectables. It can also track, trace and even verify physical artwork as well through the use of blockchain technology, which is the underlying technology that supports tokens and cryptocurrencies. The ability to authenticate the artwork on the spot through the records that are captured on the blockchain can give buyers confidence in the transaction and may also increase the value of the artwork as everything about the artwork from maintenance records to where they were kept were all made available.

  1. Global Marketplace+

Right now we are in a global market for art trading and auctions, managed by leading auction houses. I hope in time to come, a decentralised marketplace on blockchain and cryptocurrencies can recreate into a marketplace+ and go onto the mainstream art world. There will be no middlemen, artwork can be verified immediately on chain and transacted directly using cryptocurrencies. Artwork can be sold in any parts of the world in a more trusted environment. This would be the ideal scenario.

 

“In code, we trust art.

Heading global with blockchain.”

 

 

About FOMA Magzine
FOMA (Fear Of Missing Art) is an international mag for immutable culture. We feature artist profiles, discussions & insights into the crypto-art movement.

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Anndy Lian endorses the book “Leadership in Disruptive Times” (2020)

Thank you once again and having me to endorse the book “Leadership in Disruptive Times” (2020).  The book was successfully launched on 30th July 2020 in New York by the publishers, Business Expert Press, LLP (BEP) New York, NY and is available on Amazon.

“Leadership in Disruptive Times will rock readers with stunning new perspectives. I like the emphasis on the usage of technology such as blockchain and cryptocurrency in the near future to advance in the vision of Industry 4.0. The need to use new technology to create a new value of ‘trust’ will be something we have to look into.

This book will be a good reference for leaders who want a good overview of the post-COVID times. The new world clearly values those that can deliver disruptive innovation.”

Anndy Lian
Blockchain Advisor
Asian Productivity Organization (APO)

 

About Business Expert Press (BEP)

Business Expert Press was born in 2008 because of one question: “Why do we pay so much for a professional book when we only want a few chapters?” From that question grew our initial priority: concise, precise, professional business information, published in print and eBook formats, written by experts in their fields, and organized into specific content collections so that consumers can immediately find the information they seek on subjects that matter to them.

Over the next few years, it became apparent to us that our primary audience — business students, faculty, and librarians — sought digital content built just for them. In 2010, assisted by the guidance of a panel of librarians, BEP released its first Digital Library. That library consisted of 50 eBooks with the goal of putting students first. It included all the features that we continue to offer today, beginning with No Usage Restrictions (students can print, share, download, and mark up any title in our library). We also offer Perpetual Access; Free MARC Records; and Free Archival Services. Finally, No License Agreement is Required (acknowledged by SERU). Our customers build their own collections. Today, we offer annual digital libraries of 110 eBooks, subscriptions to all 900 eBooks, topical e-collections, and custom bundles.

BEP has grown to be one of the premiere sources of business content for colleges and universities around the world. With its primary staff in the United States, BEP has a global sales and marketing operation, distributing our print and e-content to professionals and academics World-Wide. Our books not only contain ideas and solutions tailored to today’s business environment; they also offer content that anticipates the business environment of tomorrow—content that is both drawn from and relatable to many cultures in many different countries. Our books have won numerous citations and awards. Many of our authors are recognized as premier authorities in their fields. We’re proud to be a part of the business world today and look forward to continuing to serve the business community by offering innovative content in all areas of enterprise.

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Anndy Lian Shares “Ethereum Will Remain The Dominant DeFi Platform: Analyst Opinion”

Thanks CoinGenius for covering my comments made in the earlier article on DeFi and Ethereum.


Ethereum Will Remain The Dominant DeFi Platform: Analyst Opinion

Ethereum will remain the dominant Defi platform despite the attempts of other blockchains such as TRON and EOS of trying to catch up. Most of the total value locked into DeFi is locked in Ethereum based platforms and it seems that things are going to stay this way as per the Ethereum latest news.

The industry observers believe that Ethereum will remain the dominant Defi platform because the growth among Defi enabling blockchains will come from other network effects as well as utility and capacity. With Ethereum boasting the first-mover advantage and the rapidly growing, it will be the best place to be for DeFi. ETH is by far the most dominant blockchain according to the data from the DeFi pulse, accounting for 90% and 99% of the total value locked in DeFi platforms. Looking at the data, all of the 36 Defi platforms are based on ETH and out of the 4 billion now locked into these 36 platforms.

According to industry observers, this dominance will come not so much from ETH being superior but from it being the first platform to move and gain a decent base. According to Anndy Lian, the Singapore-based crypto advisor:

 “Ethereum has the first-mover advantage, as it has had at previous times in crypto history, from taking the lead in ICOs [initial coin offerings] and smart contracts and now DeFi.”

Lian noted that Ethereum has the biggest market cap in crypto and is one of the best testing platforms for the industry so if it cannot make Defi work, no one can. A spokesperson for the Maker Foundation said that Ethereum’s current success lies with the fact that it was able to build upon the activity on the blockchain which attracts even more users and more activity:

 “Scope, size and amount of activity on Ethereum are critical factors driving the DeFi ecosystem.”

The Maker Foundation spokesperson suggested that other blockchains that can interoperate with the build on top of ETH have the chance of expanding their market share:

 “Chains that can easily integrate or build across Ethereum should be able to take advantage of that activity and grow with it by providing scale for DeFi apps.”

The market shares of EOS and TRON will go upwards in the upcoming months as per the EOS newsletter and Anndy Lian isn’t sure how fast this growth will be:

 “The market share is starting to spread but it will be slow. Ethereum will take the lead till 2021 on DeFi while the rest are playing catch up.”

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]

 

Source: https://coingenius.news/ethereum-will-remain-the-dominant-defi-platform-analyst-opinion/

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Anndy Lian on CryptoNews: Ethereum Won’t Give Its USD 4bn DeFi Throne to EOS, Tron Anytime Soon

Quoted by Anndy Lian

“Ethereum has the first-mover advantage, as it has had at previous times in crypto history, from taking the lead in ICOs [initial coin offerings] and smart contracts and now DeFi,” said Anndy Lian, a Singapore-based cryptoasset advisor and author.

Lian also noted that Ethereum has the second biggest market capitalization in crypto and is “one of the best testing beds for the industry. If ETH cannot make DeFi work, no one else can.”

 

Ethereum will likely continue to dominate DeFi in the future, yet other blockchains will play a role. The thing is, just how big and sustainable will the DeFi sector really be?

“If the current players create a proper environment and follow some form of governance, DeFi will grow stronger in the next 2 years time,” predicted Anndy Lian. “But if everyone is trying to get short term gains and every project trying to become ‘DeFi’, then this crazy period will just be a shorter ICO-like run.”

 

——–

Ethereum Won’t Give Its USD 4bn DeFi Throne to EOS, Tron Anytime Soon

Source: Adobe/mnimage

Most of the total value locked (TVL) into DeFi (decentralized finance) is locked into Ethereum (ETH)-based platforms, and in the short term, it seems like things are going to stay this way.

As for the longer term, industry observers told Cryptonews.com that Ethereum will remain the dominant DeFi platform, even if other blockchains – such as EOS and Tron (TRX) – will catch up to an extent.

This is because growth among DeFi-enabling blockchains will come from network effects as much as technological utility and capacity. And with Ethereum boasting the first-mover advantage and a rapidly growing, most likely, it will be the ‘place to be’ for DeFi.

The king network rules DeFi

Ethereum is by far and away the dominant DeFi blockchain. Taking data from DeFi Pulse and DeFi.Review, it would seem that it accounts for 90%-99% of the total value locked into DeFi platforms.

Looking at DeFi Pulse, all but one of the 36 DeFi platforms it tracks are based on Ethereum (the other one is Bitcoin (BTC)). Of the USD 4 billion currently locked into these 36 platforms, all but USD 11.5 million of this total is on Ethereum.

Ethereum Won't Give Its USD 4bn DeFi Throne to EOS, Tron Anytime Soon 102
Source: defipulse.com

DeFi.Review tells a very similar story: only four of the 26 DeFi platforms it tracks are not on Ethereum. These four – EOS, Tron, Bitcoin, and WaykiChain (WICC) – account for almost 10% of the TVL (USD 3bn) tracked by Defi.Review.

Why is Ethereum so dominant? According to industry observers, this dominance comes not so much from Ethereum being technically superior, but from it being the first to move and the first to gain a sizable base.

“Ethereum has the first-mover advantage, as it has had at previous times in crypto history, from taking the lead in ICOs [initial coin offerings] and smart contracts and now DeFi,” said Anndy Lian, a Singapore-based cryptoasset advisor and author.

Lian also noted that Ethereum has the second biggest market capitalization in crypto and is “one of the best testing beds for the industry. If ETH cannot make DeFi work, no one else can.”

Figures working within DeFi take a similar view. A spokesperson for the Maker Foundation told Cryptonews.com that Ethereum’s current success lies largely with the fact that it was able to quickly build up DeFi activity on its blockchain, something which attracts more users and more activity in turn.

“Scope, size and amount of activity on Ethereum are critical factors driving the DeFi ecosystem,” they said.

Maker (MKR) now leads DeFi by TVL, with more than USD 1.2bn locked.

A chance for expansion

The Maker Foundation’s spokesperson suggested that blockchains that can interoperate with or build on top of Ethereum may have a chance of expanding their market shares.

“Chains that can easily integrate or build across Ethereum should be able to take advantage of that activity and grow with it by providing scale for DeFi apps,” they said.

On the other hand, the Maker Foundation isn’t entirely confident that the DeFi market share of such chains can be substantial.

“Many of these exist today, but usage indicates that the DeFi market is currently prioritizing activity over efficiency or transaction costs.”

In other words, the DeFi prize will go to the blockchain that can command the biggest network effects. This is Ethereum, and it’s likely to remain Ethereum, even if other blockchains such as Tron and EOS increase their respective shares.

These two blockchains are certainly trying to eat into Ethereum’s dominance.

Early in July, Tron founder Justin Sun announced the launch of three Tron DeFi projects, including a “JUST Lend” credit platform. Meanwhile, EOS announced the launch of the xNation platform in April, working in partnership with Bancor (BNT).

“The market share is starting to spread but it will be slow,” he said. “Ethereum will take the lead till 2021 on DeFi while the rest are playing catch up.”

The impact of Ethereum 2.0

The transition to Ethereum 2.0 – and to a proof-of-stake consensus mechanism – may enhance Ethereum’s dominance of DeFi even further. A 66% majority of polled Ethereum holders are planning to stake their coins in the network once it shifts to proof-of-stake, potentially increasing demand for the kinds of steady returns DeFi can provide.

“When ETH goes into its full scaling mode, this will create another wave,” said Anndy Lian, who predicted a boost to DeFi from Ethereum 2.0.

The Maker Foundation also expects proof-of-stake to boost Ethereum-based DeFi. Although it estimates that the biggest boosts to DeFi’s potential scale will come from interoperability and integration between blockchains, implying that there’s space for other blockchains to grow their market shares.

“While Ethererum 2.0 should bring greater efficiency, it will likely fall on apps to find scale by integrating across chains.”

Ethereum will likely continue to dominate DeFi in the future, yet other blockchains will play a role. The thing is, just how big and sustainable will the DeFi sector really be?

“If the current players create a proper environment and follow some form of governance, DeFi will grow stronger in the next 2 years time,” predicted Anndy Lian. “But if everyone is trying to get short term gains and every project trying to become ‘DeFi’, then this crazy period will just be a shorter ICO-like run.”

 

Source: https://cryptonews.com/exclusives/ethereum-won-t-give-its-usd-4bn-defi-throne-to-eos-tron-anyt-7301.htm

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Anndy Lian Moderated AMA Session with Conflux Network, a company led by Turing Award Winner Prof Andrew Yao

Blockcast.cc conducted an AMA with Christian Oertel from Conflux on Asia Blockchain Community #ABC channel at Telegram, 25 July 2020, 2 pm The discussion will be facilitated by Anndy Lian & Cofounder of Blockcast.cc Jenny Zheng. This AMA lasted for almost 2 hours and the following are the interview and questions.

Time: 14:00pm BJT, 25th July 10, 2020
Guest: Christian Oertel, Conflux
Moderator: Jenny Zheng, Co-founder of Blockcast

Basic Questions:

Jenny: Welcome Chris! Welcome, Anndy! It’s Great to have you guys joining us here in today’s Conflux AMA sharing session!

First of all, Chris, tell us more about yourself. What you have done before Conflux, your education background, hobbies and anything you can share.

Chris: Hello everyone, I’m Chris, and I am half German half Chinese. I got my Bachelor’s in Mechanical Engineering in Hamburg Germany, worked at Volkswagen and buildup a brand new factory in Papua New Guinea.

During my Master’s at Tsinghua University, I co-founded the Tsinghua International Blockchain Association (TIBA), was a senior project manager at a global crypto fund and incubator Blockchain Founders Fund, and co-founded an enterprise blockchain as a service platform before becoming global marketing manager at Conflux.

In my spare time, I like to experience new cultures through travelling and dining :D, study and experience new technologies to stay up-to-date with the tech-world, and communicate with people with different backgrounds!

My favourite soccer team is: SC Freiburg, a German team in the Bundesliga ~

Jenny: I remember u speak several languages, how many you can speak?

Chris: Only three. German, Chinese and English

Jenny: That’s already more than enough lol

2) We understand that you studied and worked in Europe for quite a long time. How was your life there? How is that experience affected your life?

As a half German half Chinese, I was always exposed to the Western culture from a young age, so moving there with 16 was not hard. There are differences in the University system between Europe and Asia, and people there find work-life-balance very important, whereas in China a six-day work week from 9am to 9pm is very commen.

Jenny: I work 24/7……lol

Chris: Haha, I know. Next time we meet, I’ll invite you to relax for a couple of hours :D!

Jenny: I know u r extremely busy when u r on a biz trip since conflux is growing so fast.

Chris: Yes, also the last couple of weeks were super busy as we have finally launched the second phase of our mainnet – Conflux Oceanus, we cannot stop, until we build a fast, secure and scalable blockchain protocol that everyone and use!

Jenny: Congrats! u can keep on going with question 2 ^^

Chris: ok, my biggest challenge there was that food is not as good as in Asia 😛 and that mobile payments, delivery systems, e-commerce is far behind of China and Asia. Europe is a nice place, but Asia is home to myself 😄 Everything is developing faster here, and this is exciting to be part of changing the world around us!
Jenny: haha Yea it’s exciting to be part of changing the world!

Jenny: How you get into blockchain? What is your role in Conflux? What excites you most in Conflux?

Chris: Heard about Bitcoin in 2010, but it seemed too complicated at that time to mine it, as I had 0 coding knowledge, and the information was hard to find. I always heard about it throughout the years but never dug into the technology behind it until I was having a skype call with an old friend of mine. And since then it has been a journey down the rabbit-hole for me.

Investing in crypto in 2017, making a profit and losing it in 2018. Working part-time in the crypto fund I’ve mentioned, starting a blockchain-as-a-service platform last year and then finally, having the opportunity to join Conflux Network 😄It was an exciting journey, and it has only been the beginning!

Jenny: knowing about blockchain back in 2010 is very early, and I also still remember the heat on 2017 and the down on 2018 lol

What excites me the most about Conflux? The founding team set out to build a decentralized platform to transact and communicate, a platform that would underpin a new cross-border financial system that is significantly more efficient and more secure than the current state. The ultimate goal is to create a platform that allows the world to interact in a trustless way – a truly global platform for trust.

Conflux is led by a team of luminaries and pioneers in the industry. All team members are top degree holders, to name a few Massachusetts Institute of Technology (MIT), Carnegie Mellon University (CMU), Tsinghua University, and are with diversified and elite backgrounds. The core team is prominent and well-recognized scientists in the fields of the distributed system, programming language, cybersecurity, cryptography, and game theory. Before Conflux, most of them worked in Wall Street and Silicon Valley.

It’s very nice to work and communicate with smart people every day, and it’s nice to see changes step-by-step!

Jenny: yea Conflux team is famous for being the team with the highest average IQ

Anndy: We met quite a few of the members. All are smart people.

Jenny: And the chief Scientist is the only one who won a Turing award in Asia

Chris: You guys are smart as well!

Anndy: Everyone here = smart to be in this industry. Tell us more about Conflux, what problems it solves? What is the application scenario? What is your happiest and saddest moment while developing it?

Chris: Sure! Let’s have a look at Bitcoin and Ethereum. Bitcoin solves the problem of having a secure and decentralized digital asset recognized by many people – BTC 😄Ethereum solves the problem of automating tasks involving the decentralized digital assets through smart contracts, current hypes like liquidity mining are not doable on the Bitcoin network.

What both of them fail at is: scaling! As their networks are easily congested, the transactions fees are high (limiting the number of users using the network, and the throughput is nowhere close to visa or mastercard (if we need a target of a truly global payment system)

Conflux Network is not reinventing the wheel, but improving it, keeping the best from all worlds and upgrading it so that everyone can enjoy the benefits and to explore unknown territory! And all this, while being secure, decentralized and fast.

Anndy: How different in terms of specs and deliverables when compared to Eth and BTC?

Chris: Let’s use the metric TPS (transactions per seconds):
Bitcoin: 4 – 7
Ethereum: 14 – 21
Visa: 3000
Conflux: > 3500
Jenny: Very impressive, even faster than VISA!

Chris: Exactly. And since Conflux Network is smart-contract compatible, developers can also do more than Visa.

Anndy: Fast is one aspect. The ability to scale is good. With such speed, what kind of use cases are you working on? Taking over NASA? LOL

Chris: Hahaha, Not for now, but maybe in the future!

Jenny: Keep my fingers crossing on that!

Anndy: Real business application is the draw for Conflux. Eager to hear.

Chris: A well-known Chinese aircrafts company will be storing their data on Conflux, so that they will have an immutable audit-trail of their data. One major aspect we are working towards is DeFi and in the long-term, our aims are to realized faster remittances for everyone!

Anndy: Is Conflux working with BSN in China too?

Chris: This we can disclose in a couple of months 😄

Anndy: The blockchain and crypto market have been changing. What do you want to see in the near future for this industry?

Chris: One of our partners has built a DEX on top of Conflux called moondex.io, where assets from different blockchains can be traded on top of Conflux like on a centralized exchange but fully decentralized and faster than all current DEXes.

Another team is working on FLUX, a lending and borrowing platform. We are reaching out to different stable-coin projects for integration so that more people around the world can use it.

With our transaction costs being 1000x lower than Ethereum, you can use any amount you want to experience DeFi unlike on Ethereum, where some smart contract execution cost up to 34 USD yesterday.

In the future, I see User adoption, better regulations, increased user-experience, fewer scams, and real-use-cases that can benefit everyone!

Anndy: If one of the future scenarios is to reduce the cost of the transactions, it will be wonderful. Let’s get into something more practical for our 3000 community members. They want to know more.

Tell us about the tokenomics and how individual investors like our community members can participate in and benefit from it?

Chris: Sure, Let me talk about our Genisis-Block 😄

5 billion CFX will be released which will be unlocked gradually as Conflux Network launches. This is the distribution:

– Private Equity Funders: 16% of the genesis tokens, released over two years.
– Genesis Team: 36% of the genesis tokens will be awarded to the founding team, released over 4 years and serve as a capital pool.
– Community Fund: 8% of the genesis tokens, unlocked within four years.
– Ecosystem Fund: 40% of the genesis tokens will be offered to community developers supporting the DApps, and will be unlocked within four years.

There is so much to say actually, but here is a link if you want to know more about it: https://medium.com/conflux-network/conflux-networks-economic-model-pre-mined-token-distribution-and-proportions-f92fe00696ea

Everyone can participate in the ecosystem development, help Conflux grow and benefit from it.

If you are a developer, I recommend checking out the grants-program that we just launched here: http://grants.confluxnetwork.org/

And we do many events within our community and with other communities as well, people can participate in the ecosystem development and earn tokens 😄

Jenny: Please tell us more about it? how to join in this bounty system and earn token.

Chris: I warmly everyone fo join our communities to stay tuned with all of our latest events in different regions here:

Global: https://t.me/Conflux_English
Vietnam: https://t.me/confluxvietnam
South Korea: https://t.me/ConfluxKorea

We have a bounty platform: bounty.conflux-chain.org
The goal for the Bounty Platform to engage users with the ecosystem development, where you can earn FC coins for contributions. The FCs are our FanCoins . FCs can only be earned in the current phase before we launch our mainnet. Once the mainnet launches, FCs will be swapped to the native tokens CFX on a 1:1 ratio.

Today’s lucky winners who win the prize please go to register on Conflux bounty platform: bounty.conflux-chain.org

Exactly, this way we can distribute your FC prices and you can #hodl them (recommended) or trade them on monndex.io

Jenny: Today’s lucky winners who win prize please go to register on Conflux bounty platform: https://bounty.conflux-chain.org/invitation/2fw@zD6s7k, and private message Admin Jenny your bounty ID to get your prize~

Jenny: Share with us an inspiring quote for our readers. Eg “I believe in blockchain, it can change the world.”

Chris: Does it have to be blockchain-related?

Jenny: Nope.

Chris: “Jede Lösung eines Problems ist ein neues Problem.” – Goethe (a German writer and poet). It means, every solution to a problem creates a new problem.

Jenny: Haha that’s y our financial system is so complicated.

Chris: I like this one, as it motivates me as an engineer, to never stop finding solutions, as there will always be problems!

Jenny: OK, Now here we come to our selected Twitter questions~ 3 questions to be chosen on Twitter, each winner will get 50FC in reward~ And if your question didn’t get picked, you still have a chance in our Q&A session, in the end, ~ 7 questions to be chosen live, each winner will also get 50FC in reward~

Twitter Questions:

1) @venkatz8: Regarding Covid Issues Peoples searched for the Insurance. mass buying and selling happen. IS CONFLUX gives a solution to this? You are Recently Partnered with LISXX (Life Insurance)So already they Believe you for this type of situations?

Chris: The quick answer is: yes! LISSX creates an ecosystem through which individual corporations, regulators, and institutions enjoy a frictionless way to participate in the massive and misunderstood life settlement market. Currently, the average person cannot sell their life insurance policy on their own, they must sell their policy through a broker — a process that is long overdue for improvement. LISSX is solving this problem in developing an exchange platform that benefits all parties involved in the life cycle of life settlements, across multiple countries.

As one of the largest networks for efficient transaction verification on the planet, Conflux Network brings a heightened level of maturity to the LISSX platform. This partnership allows for seamless life settlement exchanges and increased scalability that provide unequivocal expansion opportunities.
(This is a quote from the Lissx founder in regards of answering the question, I couldn’t answer it better)

You can read more about the LISSX partnership here: https://medium.com/conflux-network/conflux-network-partners-with-lissx-to-build-a-life-settlements-exchange-platform-e6186221375f?source=———14——————

2) @Mahi55833889: Shanghai Government is agreed to set up a Blockchain Research Institute with Conflux. How It Happens. The Government is Believing Conflux Great one. Will you please Explain about this and what is the current stage of this project?

Chris: The Tree-Graph Institute with the Shanghai Government has been established for over 6 months now. Conflux Network is the only government endorsed public blockchain in China, as we follow the regulations. This is also one important factor of why Conflux Network and not any other blockchain company in China.

The Institute is now building a top tier research team, lead by Prof. Andrew Yao and Prof. Fan Long, to contribute to the rules and standards of discourse in the age of distributed systems. As this is also an incubation platform, we will be gathering talents, technology and applications. The Research & Incubation Center will agglomerate industrial leaders and shape the future from the very start.

It is based on three pillars: investment, incubation, and service. This basis serves to support the development of sustainable blockchain projects. The Conflux Decentralized Application Fund will select outstanding incubation projects on the Conflux public chain, and provide them comprehensive support in terms of policies, funding, and technology. By creating an incubation platform, gathering talents, technology and applications, the Incubation Center will agglomerate industrial leaders and shape the future from the very start.

3) @iGaveUpToPickaw: Can you share some recent achievements done by #CONFLUX project and whats the Future Roadmap of #CONFLUX project for project developments?

Chris: This is a long one 😆But I will keep it short and about our recent developments. We have just celebrated our second anniversary on 2020.07.18 and launched our second phase of the mainnet – Conflux Oceanus. Prior to Oceanus, we have launched the first phase of the mainnet – Conflux Pontus – in April.

During Pontus, we have launched our DEX ecosystem, started several mid-scaled mining campaigns, cross-chain mapped 7 assets onto our network, made many new partnerships (Fliqpay, DeFiner, Lissx, MovieBloc, ZIP), attended and hosted many global events, launched a technical community DAO and 10+ projects have been chosen by them to be developed on Conflux, launched Community Developer Tutorials organized by the Community in China, etc. just to name a few things we did in the last 3 month.

Besides this, we have had a research paper accepted by one of the most renowned scientific publishers, continuously improved our technology, and launched more developer tools for everyone to use.

You can read more about our achievements and what you can expect from us in the upcoming month here: https://medium.com/conflux-network/oceanus-phase-2-is-live-7147e1d5c225 (https://medium.com/conflux-network/oceanus-phase-2-is-live-7147e1d5c225)

Jenny: Thanks Chris, for your sharings, but we are not over yet hahah. Now ill reopen the group chat so everybody can start to ask questions freely. You can choose 7 questions on the floor.

(Tons of questions flooded into the room…)

1) By Venkatz K , Decentralization is the Key of Crypto. But using DAG Structure the Decentralization is Questionable then Why Conflux choose DAG?

We have improved the traditional DAG structure to what we call Tree-Graph. In the so-called DAG structure, each block has only one edge in the figure, and in Conflux’s Tree-Graph structure, each block except Genesis block has two edges: the parent edge points to the father node and There can only be one father; the reference edge points to other blocks, expressing the Happens-Before relationship between different blocks. If you only look at the parent side, the structure of the book is a tree; if you look at the parent side and the reference side at the same time, the structure of the book is a picture. The tree diagram structure refers to such a structure that contains a tree in the diagram.

The Tree-Graph Consensus mechanism made up of the parent edge is very important to Conflux’s consensus mechanism. It enables machine nodes in the Conflux network to decentralize and securely agree on the full sequence of blocks and transactions. The structure of the tree determines the choice of the pivot chain, and the choice of the pivot chain further determines the full order relationship of the block and the transaction. Therefore, it is better to refer to Conflux’s book structure as a Tree-Graph structure than to generalize it into a DAG structure.

In contrast, some other existing DAG-structured projects, such as IOTA, Byteball, etc., have their own disadvantages: either do not support full sorting of transactions, cannot support smart contracts; or can’t use decentralization The way to achieve the node’s consensus on the full order of the transaction, sacrificing security.

2) By Mahathi, PONTUS, OCEANUS, and TETHYS will run separately ? or the Features of these three will be combined after the Tethys Release?

Chris: This is a good question! Actually, Pontus, Oceanus and Tethys are the names of each phase of our manner. Conflux Pontus, was launched in April, and everything we needed to launch, debug and test, has been completed, which is why we have launched Conflux Oceanus on the 18th of July. So the quick answer is: they will run one after another, and when Tethys launches, our completed mainnet is launched. Also, all features of Pontus and Oceanus will be included in Tethys!

3) By Raymund Anora, What is your outlook on the future of #CONFLUX in crypto? What can you do to keep increasing adoption to the whole industry?

Chris: Many blockchain companies have great technology, but one aspect everyone is trying hard on is community building and developer adoption. In regards to community building, we have launched Conflux sponsored PUBG tournaments or TikTok campaigns to not only do the traditional community expansion of blockchain companies.

We have expanded our communities to Vietnam, South Korea, Africa and will start a community for Russian speaking regions next week and Turkey as well. We are never stopping the expansion.

For developer adoption, we have launched our grants program, so that developers can realize their dreams on Conflux. One thing I have to mention is, Conflux Network is Solidity and EVM compatible, so Smart Contract Developers can easily migrate their existing work and deploy it on a technological superior blockchain network.

We are making new partnerships every month, and besides pushing developer engagement ourselves, we have a Technical Community DAO, which has already approved grants for community members to develop on top of Conflux.

Since Bitcoin and Ethereum Networks are the most commonly used networks, we have created a cross-chain asset protocol for interoperability of different blockchains.

If you’re interested about the tech behind the cross-chain asset protocol ShuttleFlow, I recommend this article:
https://medium.com/conflux-network/conflux-shuttleflow-a-cross-chain-asset-protocol-15ad6b2a9539

4) By Venkatz K , Recently the Phase II OCEANUS is coming to Live. How is the response to that from the developers? What’s your Plan about Releasing the Final Phase TETHYS?

Chris: Developer adoption is increasing day by day, if you’re a developer I strongly recommend joining our Discord channel: https://discord.com/invite/aCZkf2C, Or our forum: forum.conflux.fun

I was super happy to find out, that a project called “Bitquery”, integrated the Conflux Network on their unique Network Tracker without any knowledge about it actually, you can find it here: https://explorer.bitquery.io/conflux_oceanus.

And since we are PoW, based and you’re interested in mining with your CPU for now, please visit http://mining.confluxnetwork.org/ for more information about the participation to earn some additional FCs by contributing to our network!

5) By Jadmine, What is your strategy to survive in the long bear market especially now Defi coin are now booming how #Conflux competitive?

Chris: Right now the market seems bullish, at least in my opinion. Besides the two projects moondex.io (DEX) and Flux (Lending and Borrowing) that have been launched or are being launched, we welcome everyone to build on top of our DeFi ecosystem. On this landing page you can find more information about our DeFi ecosystem: https://defi.confluxnetwork.org/en/

I’m still unsure whether this DeFi Liquidity Mining thing is sustainable. One problem I see for sure is that only whales can benefit from it, and since the market is relatively new, it’s riskier than other existing DeFi platforms.

Jenny: 5 questions taken, 2 more to go~ im getting many private messages as well, hoping to know more about Conflux but due to time limit I think Chris can come back later next time to join in us ><

6) By SH, How safe is conflux for investors? Would you like to talk about your legal and security Measures?

Chris: During our private funding phase in 2018, the biggest investors of Conflux Network are traditional VCs like Sequoia China, IMO Ventures, MetaStable, or Baidu Ventures, just to name a few. The only reason why we are the only publicly endorsed public blockchain company in China is that we follow the regulations. We do not plan to change this.

As for the security of the network, we work with many 3rd party auditing companies to ensure a high-level of security. But from a networks perspective, we have integrated many mathematical proofs to show that attacking the Conflux Network, or trying to be faulty miners will not benefit!

7) By Venkatz K , why Experimental node is not from India. India is one of the biggest populated country a big platform for crypto. what are the minimum criteria for experimental node test?

Chris: If you have more questions about running a node just ping me. I also strongly suggest our developer documentation: https://developer.conflux-chain.org/ for setting up your private node of you want!

Jenny: Thx Chris! Thx for joining us today!!!

Jack: Thanks for AMA @ConfluxCris , give my 2 hours and learn,

Chris: And a massive applaud to @anndylian and @jennyzheng3568 to hosting this AMA and inviting me!

For more information, head down to www.blockcast.cc to find out more. 

 

 

Original Source: https://blockcast.cc/interviews/blockcast-cc-interviews-christian-oertel-from-conflux-every-solution-to-a-problem-creates-a-new-problem/

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新加坡区块链专家Anndy Lian对话Knnit -二线交易所的出路在哪里

 

Knnit: 首先请您简单的介绍一下您自己。

Anndy: 我是Anndy Lian,目前我主要为政府提供区块链咨询服务,并担任瑞士Decent基金会的主席(亚洲), 可能更多的人认识我是通过我写的区块链科普书籍《 2030年区块链革命》。2017年以来,我一直活跃于区块链市场。2010年初,我有了我的第一枚比特币,当时它们的价值小到可以忽略不计,大家都没有想到今天它的价值已经突破1万美金了

Knnit: 您认为二线交易所有独特的卖点吗?他们的价值在哪里?他们提供了头部交易所没有提供的服务

Anndy: 毫无疑问,头部交易在市场上拥有绝对优势,他们几乎垄断了市场绝大部分的资源和用户,所以就给二线和小型交易所的空间就很小了,因此他们为了生存就需要特别努力奋斗。

与老大哥相比,二线的优势因为不受监管部门的重点关注他们往往可以玩的很野。你很少会看到大型交易平台上上几十倍上百倍的爆拉暴跌,但在二线交易平台和小型交易所上这样的戏码依旧还在上演,而且中小交易所往往为了拉新给出更高福利。

与小型交易所相比,二线交易所风险相对低一些。我们每个月都会看到离场的小型交易所,随后伴随着的就是用户的利益蒙受损失,而这又进一步加剧了用户对小交易所的不信任,形成恶性循环。

Knnit: 那二线交易所应该如何突出重围呢?

Anndy: 他们需要一个新的模式一个新的玩法,如果能成为业内第一个成功的模式的话那成功崛起也是可能的。但是,新模型也意味着高度的不确定性和风险。做得好,可能成为Bitmex(第一个引入合约)做砸了,那Fcoin(交易挖矿)就是前车之鉴。

Knnit: 在整个行业生态来看,二线交易所发挥什么作用

Anndy: 启动鲶鱼效应的作用吧。二线交易所就像沙丁鱼中的鲶鱼,更多的玩家意味着更多的竞争,更多的竞争带来了更多的创新和更好的服务。而且他们已有很多成功的案例可以借鉴,可以说站在巨人的肩膀上,他们可以以最整洁,最有效的方式进行构架设计,可以更自由地尝试新功能,更快地响应和适应市场。而这也反过来刺激了头部交易所和整个行业做出响应,提高效率和服务,对于用户来说是件好事。

Knnit: 未来在交易所这个赛道除了竞争之外,是否也会有合作或者资源整合?

Anndy: 这是肯定的,并且它已经发生了:

1)头部交易所已经在国外布局了,有时他们自己做,但是更多时候与本地交易所共同合作发展

2)小型/新交易所正在更多地采用头部交易所的云服务,这样它们就可以轻松,廉价地启动。而且当它们成长良好时,甚至可以从头部交易所获得投资(例如OK Cloud在海外扶植的众多当地交易所)

3)大型交易所也一直在投资有潜力的中小交易所,例如Binance向WazirX India投资。

Knnit: 对交易所这个赛道还有哪些其他看法?

Anndy: 新的交易所还是会不断涌出,并且现在开交易所也更加容易了,有ChainUp,HyrdaX,SHIFT等这样的公司可以为他们提供技术服务。一些趋势可能会复兴,例如DAPP和去中心化交易所(DEX),趋势可能会一直延续到2021年中期。我也一直都非常关注这些可能性。简而言之,二线交易所将不会消亡并且不排除会有黑马出现,这是行业发展的必然需求和方向。

 要了解有关区块链的更多信息,您可以在其网站(https://www.anndy.com)上访问Anndy Lian,并在Twitter(https://twitter.com/anndylian)上关注他。

 这次采访是由KNNIT和Blockcast.cc共同联合举行

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