Press Release
Key Takeaways from CoinXP’s First Private Meetup in Beijing
Summary: On the evening of October 25, 2018, I was invited to attend CoinXP’s first private meetup in Neutrino Co-working Space in Beijing. The meetup was intended to celebrate CoinXP’s testnet launch as well as to share industry insights from other leading crypto projects. As a crypto professional (the co-founder of two blockchain projects, a technology ...
On the evening of October 25, 2018, I was invited to attend CoinXP’s first private meetup in Neutrino Co-working Space in Beijing. The meetup was intended to celebrate CoinXP’s testnet launch as well as to share industry insights from other leading crypto projects. As a crypto professional (the co-founder of two blockchain projects, a technology project and a consulting firm), I have to admit that I’m very impressed by the CoinXP’s professional teams due to their philosophical view about the world and their in-depth understanding of the crypto market. I would like to share some of the key insights I have learned from Mr. Liangliang, the CEO at CoinXP.
Mr. Liang started his speech with a single word, anxiety. The whole world is coping with anxiety. So, what’s the cause of anxiety? It’s the uncertainty that leads to anxiety. In the past 10 years, there has been waves and waves of leading internet firms, such as Tianmao, Didi, Jinri Toutiao, Meituan, Douyin, Eleme, that have been making significant influence on our daily lives, but none of them existed 10 years ago. The speed in technology advancement has made every one of us a new-comer to the world. The speed is so fast that sometimes we cannot even keep up with this pace.
The uncertainty level in the crypto world is even more severe. People say “one day in the crypto world is like one year in the real world”. There are various kinds of exchanges and public blockchains with very different business models and underlying technologies. No one is entirely sure about the future direction of exchanges and public blockchains.
Mr. Liang explained why decentralization is the solution to solve uncertainty, as the more decentralized a system/organization is, the faster it could react to uncertainty. Mr. Liang gave two vivid examples to explain why this is the case — — Why it is so hard for heavily armed U.S. armies to fight against Al Qaida and the Taliban; and why the Communist Party finally won over the Nationalist Party though the Communist Party lacked significant resources compared to the Nationalist Party at the time.
Therefore, Mr. Liang and his team are firm believers in the decentralization world and blockchain technology. Their vision is to apply blockchain technology to solve trust issues in the crypto exchange world. Their product features have again validated their vision:
- Investors’ assets cannot be used by any parties;
- Unauthorized transaction orders cannot be executed;
- Decentralization;
- User experience first;
- Encourage complete market competition to create equilibrium.
I have been attending lots of crypto related events since I learned about blockchain, but this has been one of the most educational crypto events that I have ever attended in life. I strongly hope CoinXP team can hold many more of these crypto seminars in the future to share their insights to the world. One of effective ways to facilitate the blockchain industry to advance is to invite more and more industry experts to build the eco-system together!
by Cicily
