JINGTONG INTERVIEW | EOS UNION

Interview time: April 2, 2018

Journalist: Yang Ning

Location: Shenzhen Futian District, New Media Industrial Park

Interview topic: Come Into the EOS Alliance

Hello everyone, I'm Yang Ning, a journalist of the dialogue blockchain media platform in Shenzhen. Near the EOS mainline, the EOS node has become more and more fierce. We have noticed that there is an eye-catching node in these node - EOS Alliance, EOS Alliance. It is the world's largest EOS ecological alliance. with the concept of “ MAKE EOS GREAT, MAKE YOURSELF GREAT ” enjoys a high reputation at home and abroad.

In the BIJINGTONG’s organizing and hosting, we scheduled an interview to the EOS Alliance sponsors Wai Ming and core technical staff Jimmy ( Xman ) on April 2, 2018, Wai Ming is senior serial entrepreneur, former TOP3 Internet executives, has Rich experience in team management and project plannin, participated in the ecological construction of Alipay Word of Mouth; Bitcoin’s early believers, strong supporters of EOS , and invested in multiple blockchain projects.

Interview

The following is the specific content of this interview:

Yang Ning: We all know that the vision of the EOS Alliance is MAKE EOS GREAT MAKE YOUSELF GREAT. What is the source of this vision? What are the major significance?

Jimmy: The source of such a vision like this, in the blockchain world, the most scarce resource is the community or the ecology.

In the Chinese community, the blockchain has a small stock, ranging from 2 million to 3 million. However, the vast majority of people don’t have a good channel to contact the blockchain to gain in-depth understanding. .

So EOS Alliance is the starting point, to built EOS community, which is one of the largest starting point, and this is the basis for an community, revitalize the stock, increase incremental, this is a prerequisite for all of the block chain development.

What is the hottest thing in the blockchain world? Of course, it is the public chain, because the blockchain industry has not reached the point of application yet, just as a city,it is still at the bottom of the industrial infrastructure.

In the public chain, there is no doubt that EOS is the most powerful one at present, which is why we have to do such a public chain community.

why we choose EOS, as we know EOS deeply, because we has been involved in EOS when White Paper stage. We are convinced all aspects of its performance, EOS can solve many problems encountered in the current blockchain.

Secondly, BM is the only person in the world who has developed two blockchain applications and is developing the third blockchain application. From this background, from the perspective of the public chain, from the perspective of people, it should be said that it is perfect chance, and this is a perfect combination of points, then EOS alliance come into being.

Why do we think that EOS can become the bottom-level public chain, because if such a chain is to be successful, it must be ecological. If the ecology is unsuccessful, it must not exceed Ethereum. This is certain, and we hope to do it in an ecological way. A very great public chain.

Another reason is that we are actually forming a virtuous cycle in the EOS Alliance . We know that Ethereum was only issued for a few bucks, but when the highest peak was nearly 2,000 US dollars, Ethereum also achieved a large number of achievements. People, then the propaganda of the early preachers, who are operating for the Ethereum community, they are very much benefited.

We are doing EOS Alliance is actually for the EOS doing community for EOS doing promotion and publicity, but in turn, EOS price increases when, EOS -holder will also benefit from this, so this can be a form Very good virtuous circle.

Yang Ning: Yes, in fact, in almost all high-quality blockchains, people who contributed to the community early on could benefit from it, but in turn, it is precisely because of those who contributed to the community early on. They Achievements of blockchain, such as Bitcoin, such as Ethereum.

Yang Ning: At present, the EOS Alliance global bank has been held in four cities including Changsha, Zhengzhou, Jinan, and Beijing. What is the biggest achievement of the alliance in these activities? Where can we improve in the following global events?

Wei Ming: We currently organize global activities in the four seasons in Changsha, Zhengzhou, Jinan, and Beijing. The effect is actually higher than expected. When we go to any place, we will find EOS in every place. Enthusiasts are very, very much, but we do not have any strangeness. Everyone feels like a friend who hasn't been seen for many years.

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The first quarter of the event was very successful. We are also preparing for the second season, which is Fuzhou, Hainan, Shenzhen. In fact, many places we really want to pass, but it is true that the current itinerary may not be able to take care of all city.

Based on the nature of the EOS coalition's global activities, we have fully opened coalition nodes. That is, we hope to establish coalition nodes in different cities in China and even in the world. These nodes are like one station and we hope that We can help these nodes and manage the coordinated forms through the local leaders to make the ecology work.

We have already received applications for more than 100 cities in our global node recruitment activities . Next, we will also speed up the progress of expanding the community of the EOS Alliance to more places.

Yang Ning: The EOS Alliance is really doing a very meaningful thing. Based on helping these EOS holders to have a deeper understanding of EOS , there will be more applications to be built on the EOS public chain in the future . I also It is hoped that the EOS Alliance will be able to expand into every corner of the globe in the future, bring more positive changes to the world, and promote human progress.

Yang Ning: How does the node alliance provide support for the EOS infrastructure network?

Jimmy : The role of the node can be summarized as three rights.

The DPOS mechanism is actually to develop the separation of the three powers into the three powers , that is, in the legislative power , the EOS is the largest DAO , and the foundation is the constitution. The node can initiate the proposal to change the constitution because there are many things we are uncertain about in the future. It is therefore likely that changes will need to be made in the future;

The power of law enforcement means that the node can freeze some accounts and eliminate disputes. It is like the Supreme People's Court, which has the right to arbitrate, and thus avoids the possibility of diverging;

In fact, the executive power is just like the daily comprehensive affairs processing, out of the block, bookkeeping and so on.

Therefore, the DPOS + constitution is actually a form of a unified three powers.

A total of 21 nodes, each with 5% voting rights, also have judges and administrative rights.

Yang Ning: ****But the node has both enforcement power and administrative power. Is there any conflict?

Jimmy : this and related philosophy, and POW are very different, POW itself grasp the holder body count in force, BTC To some extent that is considered to be controlled by force.

However, in an EOS node, if one node does evil, it will be voted out by all other nodes. Although only 21 nodes, but there are numerous nodes in the back of the queue, now EOS address can be queried is 30 million, but taking into account a lot of the Exchange, the actual number should be more than 100 million and so this 100 Wan can be The evil node is thrown out.

Therefore, this is actually a philosophical issue. You can deceive most people for a short period of time and you can deceive a small number of people for a long time, but it is impossible to deceive most people for a long time.

Yang Ning: For the DAPP Alliance to prosper the application of ecology, whether the EOS coalition has applied the ecological deployment?

Jimmy : We already have investments to do hatching and deployment. In the process of doing it, the node is actually the center and it surrounds the DAPP . This is not an included relationship. The node is the center.

At present, then we have incubation projects have games category and purse class DAPP , and has applied wallet class landing , we have set up incubators, we hope to hatch by node earnings DAPP , DAPP but also the prosperity of Applied Ecology, then EOS 's good ecology can also improve the revenue of the node, so this is a very good closed loop, so as to make EOS invincible.

We are not simply doing nodes. We are more hopeful to help communities by doing nodes, thereby prospering the eco-system of EOS .

EOS Alliance will work with our partners TokenPocket jointly launched EOS wallet, on EOS mapping, in TokenPocket fully support the new version, expected 4 Yue 7 number on the line.

TOKEN POCKET : https://www.mytokenpocket.vip/

Yang Ning: Coalition of shared revenue, may I ask how to treat the chief is prohibited node Crown return from dividends and 5% of adjusted earnings to 1% of such a policy change it ?

Wei Ming: When we were still discussing whether EOS could surpass Ethereum, BM had already stated that EOS had no problem surpassing Ethereum.

In fact, we should consider the future value of dividends. We should not only focus on the immediate interests. We are highly convinced of the adjustment of the revenue of nodes, because nodes actually need the cooperation of all people to build a better ecology.

Many people come from the revenues of the nodes instead of actually doing ecology. If they just make profits, they will not think of paying for the community, helping the ecology, and incubating more DAPPs .

As the income drops, many people will withdraw. The rest are those who are willing to do things and are willing to pay for the ecology. This policy of BM adjustment is actually promoting the development of the community. This is a positive cycle. Therefore, in the long run, what is left is the person who really does things.

The 80% revenue that is cut off will be used by the entire community to vote on the use of income in the future. This will greatly increase the sense of participation and honor of the community members , so this is also very beneficial.

**Jimmy: The ** EOS coalition actually focuses more on the ecology itself and the ecology. This is the long-term, the benefits of the nodes are short-term, only the ecological prosperity, EOS will be more valuable in the future, and the entire community It will benefit from this. This is a win-win situation.

Yang Ning: In addition to voting for ways to obtain bonus points for the nodes, for the purpose of renting resources, the investment in primary resources of the project can be briefly introduced?

Jimmy : The renting of hard- power is a unique feature of EOS . Just like a chain, a house can be sold not only, but also rented.

The house can also add value. We will set up a rental platform to rent downstream tokens of the supply side, that is , the holders of EOS , to the demand side of the upstream DAPP application. This means that we will be chained up and down. Because of the upstream DAPP , they need to calculate power and tokens. At this time, we will rent the tokens to build a virtuous circle.

For example, when we incubate DAPP , then the users of the community can participate in the construction of DAPP through the white list. If there is such a technical strength in the alliance members, it can also participate in the development of DAPP or community construction. and many more.

Then the alliance can provide financial support and community building for these applications to help these DAPPs grow faster and better.

Yang Ning: I know that you originally participated in the community construction of Bitcoin, Ethereum, LISK, and EOS . How do you think about the significance of community construction for the development of a project?

Jimmy : In fact, the community is the most important foundation and carrier of the blockchain. Both Bitcoin and Ethereum are successful in the success of community building.

Public address block chain, originally designed to turn 0.1 months EOS is not as some media publicity is Warlords, purely technical means to verify the address ownership, but also whitelist the future so that we have the opportunity to share the fruits of development alliance .

This turn of 0.1 is actually a rather cumbersome operation, because it has to be put forward from the exchange. If the account does not have eth , it has to be bought. What did not expect is that thousands of members have used practical actions to support us. This made us very moved. It is not the quantity but the quality that determines the success or failure of a community.

Each verification generated id number is actually a heavy responsibility. Let us see a fresh face looking forward to the success of the alliance.

In fact, the most fearful thing in my career is: I heard a slap in the back and thought I had thousands of troops. But when I stepped onto the battlefield, I discovered that I was empty.

With so many hardcore members, we are not alone in the fight and we are very confident in the success of the Alliance campaign.

During the actual operation, some people directly transferred hundreds of EOS . At that time we were even more anxious than him, so we tried every means to return them to him.

The quality of fans for community building is very important, not quantity. At present, our recognition is very high, so we are ranked in the top of each vote.

The alliance platform provides a very good connection opportunity. The business philosophy of “ Community autonomy, community-based management and community management ” allows more interested people, but it is hard for people who don’t know how to get on the train to participate in it. This is also the second half of our concept: the purpose of “ achievement of self ” .

Now that the alliance is decentralized to a high degree of autonomy, we have a unified alliance collaboration platform. Many day-to-day operations are managed by members in an efficient collaboration. They are the heroes of the alliance. We also hope that more people with the ability to have ideas want to join members to contact us to create a community of their own.

In fact, we are also the first community in the country that claims to be a node . To establish such a decentralized community, each city is an alliance, and each place can become a good alliance.

Yang Ning: Wei Ming Hello, I know that you have rich experience in management and project planning in the Internet industry. How do you think about the impact of the blockchain on the Internet? What will be the future development of the Internet and blockchain?

Wai Ming: Internet 97 years 98 years is an information industry, we are in fact standing in 90 years to look at the Internet.

From the Internet to the blockchain, from the information transmission to the value transmission , there is a very large information asymmetry in the transmission of information, but the blockchain will have a very large role in promoting the Internet and subvert many of the original industries.

As for the current direction of development, it is difficult to predict. It is only when some super-applications are landed that many applications have entered our lives. Perhaps we will really feel this change.

The people who realize that you can see your articles are all in such a big wave. We may all be the people who change the next decade.

Jimmy: The development of the Internet began as a technology, but it eventually became a basic facility. The inside of the blockchain actually contains philosophy. There are economic philosophies coming in. We can't just look at these things like cryptography, elliptical asymmetric algorithms, P2P .

Judging from Chinese road magic devices, most people only see the technology, or just see the application of this level, but this is only the level of the device, the technology is the level of surgery, but the blockchain is really powerful And Dao, the vast majority of people only see the level of the device, and some people have seen the level of surgery, and few people are concerned about the level of the Tao and the law, but this is the real essence of the blockchain.

The level of law: To put it plainly, it means how to divide the money. How the economy is designed, how to divide the money, whether it is wages or tokens , not only solve the problem of making money, but also solve the problem of how to divide the money.

There are many powerful companies in China. Actually, they not only solved the problem of how to make money, but also solved the problem of how to divide the money, such as Tencent, Huawei, and Ali.

The law is to solve the problem of how to operate and how to divide money.

This level is actually very difficult to solve.

Tao: Actually, it is the consensus of the blockchain. We look at Bitcoin's POW . It seems to be just three words. In fact, it is a consensus concept. It is mining, and I recognize this method. Who counts quickly? You can get rewards. DPOS entrusts rights to different nodes. Nodes have different rights and can be restricted at the same time.

The Internet and blockchain are not really subversive, and they can be combined very well. Most people see only the tip of the iceberg.

Yang Ning: Regarding the DPOS mechanism of EOS , compared to the POW mechanism, it does balance the decentralization and decentralization to a certain extent. Will DPO solve the problem of high energy consumption and long time out of POW? After that, is it possible that the DPOS consensus mechanism itself may have problems ?

Jimmy: There are two common questions in the industry: The first is the centralization risk of 21 nodes. However, judging from the actual situation, 21 nodes and 100 nodes are queued afterwards. Others can cast these nodes out of the game. This is dynamic, only 21 characters, not 21 individuals. This is the essential difference. It looks like The president is a role. This role is dynamic, so this risk does not actually exist.

Compared to Bitcoin, Bitcoin appears to be decentralized on the entire network, but the major mining pools account for 60% of the computational power. The proportion of this vote is very large. In fact, if these pools are combined, they can attack. They can determine which chain is the main chain and which chain is the fork.

The second is security: the node is attacked to cause the network to collapse. We see further, from a security standpoint, DPOS relative safety is very high, because DPOS is a random block attacks from the inside, if there AB two nodes, when A taking advantage of B when an active attack block Node B , then B can not block. Of course, this situation can be monitored. If this behavior is detected, A will be thrown out. On the other hand, the voting address is just a public key address, but knowing the public key has no meaning. To solve the ellipse algorithm, the current level of technology cannot be solved. In the future, quantum computers may be possible. Therefore , it is not risk that these two risks are open.

[图片上传失败...(image-ed7e74-1522759046426)]

Compared to Bitcoin, Bitcoin appears to be decentralized on the entire network, but the major mining pools account for 60% of the computational power. The proportion of this vote is very large. In fact, if these pools are combined, they can attack. They can determine which chain is the main chain and which chain is the fork.

From a security standpoint, DPOS relative safety is very high, because DPOS is a random block attacks from the inside, if there AB two nodes, when A taking advantage of B when an active attack blocks B node, B can't get out of the block. Of course, this situation can be monitored. If this behavior is detected, A will be thrown out. On the other hand, the voting address is just a public key address, but knowing the public key has no meaning. To break the ellipse algorithm, the current level of technology cannot be solved. In the future, quantum computers may be possible.

Yang Ning: In the DPOS mechanism, if a node cannot fulfill its responsibilities, that is, when a block is generated, the network will select a new super node to replace the node. For this problem, in which case will the node be replaced? How to achieve the stability of the node?

Jimmy : Node's maximum power is the biggest weakness.

Subjectively speaking, if a node commits evil to others, it will throw it out, or it may freeze other evildoers, but malicious freezing can also be detected. Just as rights are given by people, people can also invest you if they abuse their rights.

Objective reasons often drop packets and they will be replaced.

In general, the most important thing is to subjectively use the right hands to do a good job ecologically, rather than doing a split.

Yang Ning: What is the impact on the current peer-to-peer payment system and smart contract platform if the transaction speed of EOS reaches one million per second?

Wei Ming: Now it has reached 3,000 times, and it is still impossible to achieve it. It may reach 1 million times in the future with a goal of 1 million times. With the promotion of node servers, it is possible in the future. This requires a process.

Jimmy : Of all blockchains in the entire network, 50% are BTS plus steem , even more than 50% because the blocks per second are already thousands of times because of the underlying architecture and EOS of the two applications. It is the same, but because the application scenarios of BTS and STEEM are limited, the underlying technology has already been achieved. The application scenario is limited to exchanges and content creation. Many applications can be put on EOS in the future . The key is technology and Can ecology accept this migration?

Yang Ning: Is EOS likely to replace Bitcoin ?

Jimmy : It's technically possible, but it's actually impossible. Although EOS is technically advanced, Bitcoin is really powerful. With POW , other POWs can't survive. What's really powerful is the network. In 8 years, there was no problem. Although the current transaction speed is really slow, it can be solved through side chains and other methods, such as Lightning Network.

Bitcoin has now reached consensus in the community. This is his way. It has now taken shape, so it is unlikely to break through.

to sum up

In this interview, we learned that the importance of the community to the project is that the project is fish, the community is water, there is no water, the fish are also difficult to live, and it is because of the fish, the water is full of vitality. At the same time, as for the community construction made by the EOS alliance, the DAPP Alliance has prospered ecological applications and the global activities are also very much in agreement.

At the same time, the use of Taoist devices to elucidate the consensus, incentives, techniques, and applications of blockchains is also a big gain for this interview.

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