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From Bitcoin White Paper translator to global encryption pioneer, Peking University talent's ten-year journey in Blockchain.
From Bitcoin White Paper Translator to Global Encryption Pioneer: A Blockchain Legend from Peking University
In a decade-long journey, a top psychology graduate from Peking University, with keen insight and unwavering belief, has chronicled the rise of China's Blockchain industry. His technical intuition and strategic vision have not only ignited the global encryption wave but also defined new rules for the industry.
Bitcoin White Paper Translation: Ignite the Enthusiasm of the Chinese Community
In 2011, in an office building on Beijing's Financial Street, he, then 25 years old, stumbled upon the Bitcoin White Paper. This encounter seemed to show him the future, leaving him so excited that he couldn't sleep all night. The next day, he resolutely invested all his savings of 100,000 yuan to buy Bitcoin—at that time, each Bitcoin was worth only 10 dollars. Although his friends scoffed at his decision, he worked hard and introduced the concept of Bitcoin to the Chinese-speaking world for the first time.
He collaborated with others to establish the first domestic Blockchain media platform, creating a communication center for industry information. In the forum, he passionately discussed the value of "decentralization" with netizens, becoming one of the earliest advocates of Bitcoin in China. His translation and sharing work laid the ideological foundation for the encryption craze in the Chinese community.
Antminer: Leading the Global Hashrate Landscape
In 2013, the price of Bitcoin skyrocketed, triggering a global mining frenzy and a surge in demand for mining machines. He teamed up with a Tsinghua technology expert to develop the Antminer S1 in a humble residential house. Within just six months, this mining machine conquered the global market, capturing 75% of the share. The Antminer S9, launched in 2016, became a benchmark for energy efficiency and led a revolution in ASIC chip technology.
His company rose rapidly, with revenue comparable to tech giants, and he has been respected in the industry as the "Mining Overlord." Miners have mixed feelings about his mining machines: "Without these mining machines, we can't even cover the electricity costs!" He reshaped the mining landscape through technological innovation and established a dominant position in global computing power.
Bitcoin Fork: Participate in the Formulation of Underlying Rules
In 2017, he led a fork of Bitcoin, launching a new cryptocurrency that triggered a "hash war," shaking the entire industry. In the face of skepticism, he calmly responded: "For technology to progress, one must forge new paths." Through forks and mining pool alliances, he was deeply involved in the game of underlying protocols of cryptocurrencies, gaining a voice in the industry's rule-making.
Despite the setbacks in 2018 when his company's listing plans were thwarted and he parted ways with his partners due to strategic differences, he did not stop moving forward. He took the mining pool business with him, founded a new company, and personally went deep into the Inner Mongolia mines, living and eating with the workers. He humorously remarked, "The psychology I learned at Peking University was of no use, but I did learn how to repair mining machines." His resilience and down-to-earth style have created a new legend.
encryption financial innovation: pioneer of compliance
In 2019, he founded a new encryption financial services company and pioneered the "safety cushion" model for encryption asset management, managing assets exceeding $10 billion. He actively promoted licensed operations in encryption finance, paving the way for regulatory frameworks in places like Singapore and setting a benchmark for industry compliance.
His other company 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 compliance trading centers in the Middle East, leading the industry towards standardization. His vision has propelled encryption assets from the fringes to the mainstream.
Future Layout: The Integration of AI and DeFi
Today, he proposed a fusion strategy of "AI + DeFi", and his company is developing a cross-chain protocol that integrates AI computing power verification into decentralized finance, aiming at the future of distributed financial infrastructure. His layout is not limited to cryptocurrency, but rather seeks to reshape the global financial landscape.
Wall Street analysts once commented: "By understanding his strategy, one can gain insight into the power landscape of the encryption field in the next five years." From translating the White Paper to power dominance, from financial innovation to AI integration, his ten-year journey reflects the transformation of Blockchain from a geek experiment to a new global financial force.
The Legend That Is Yet to Be Continued
He defined the industry rules for mining machines, computing power, and asset management with a "dual-driven approach of technology commercialization and regulatory collaboration." His story is a portrayal of belief and perseverance, as well as a vivid footnote to the rise of the blockchain industry in China.
From a top student at Peking University to a leader in the encryption field, his journey continues. How will he continue to write this legend in the next decade? The answer may already be quietly revealed in each of his strategic moves.