blockchainblockchainThe annual grand ceremony and the second Bochain Finance "Star Force" award ceremony were successfully held in Shanghai Tower Hotel (Broadway Tower). More than 500 blockchain industry leaders and practitioners participated in this annual event.

At the beginning of the event, Fan Yuanyuan, the co-founder of Bochain Finance, delivered a welcome speech on behalf of the organizer and released the "Major events in the blockchain industry in 2020". According to reports, before the release of this major industry event, the Organizing Committee of the 2020 "Star Power" Ceremony launched the 2020 Blockchain Forum to the founders, executives, business leaders and KOLs of nearly a hundred companies in the blockchain industry at home and abroad. Collection of industry development information.

Bochain Finance's "2020 Blockchain Industry Major Events" are:

bitcoinbitcoinIt plummeted more than 50% in 2 trading days, falling as low as $3,800. Blog Chain Finance Comments: The market always bottoms out in panic, moves forward in hesitation, and ends in madness.

2) On April 20, 2020, blockchain, as a representative of information infrastructure, was included in the new infrastructure category by the National Development and Reform Commission. Blog Chain Finance Comments: The ultimate significance of all technological changes lies in "people".

bull marketbull marketBorn in despair, grown in doubt, matured in optimism, died in excitement.

miningmining, causingDeFiFrenzy, a new round of bull market has begun. Blog Chain Finance Comments: All success does not happen overnight. Thanks to Compound founder Leshner and Balancer founder Fernando Martinelli for a brave start.

5) On August 30, 2020, the decentralized trading platformUniswapFor the first time, the daily turnover exceededCoinbaseOn September 16, Uniswap announced the launch of the governance token UNI, pushing DEX to an unprecedented climax. Bolian Finance Comments: Don’t overestimate the power of change in the short term, and don’t underestimate the big wave of the trend in the long term.

6) On October 8, 2020, China's digital renminbi (formerly DCEP) will gradually land. Shenzhen distributes digital RMB red envelopes to citizens. Blog Chain Finance Comments: From DCEP to digital renminbi, China is constantly moving forward in how to make good use of emerging technologies.

7) On October 15, 2020, the main network of Filecoin, a decentralized storage project planned for three years, was launched, and the sharp drop of the token Fil raised doubts. Bolian Finance Comments: Most of the wealth codes are not planned. Filecoin, the pigeon king project, is afraid that many people will be disappointed.

cryptocurrencycryptocurrencyPayment, will cover 26 million merchants by 2021. Subsequently, Bitcoin hit $13,200, a new high in 2020 and approaching a new high in 2019. Blog Chain Finance Comments: You can't escape the law of "true fragrance", as long as you start, it will not be too late.

EthereumEthereum2.0 gradually surfaced in the constant "release of pigeons". Bolian Finance Comments: "Buddhist" V god, the new generation chief rudder of the currency circle god religion, is still courageous and resourceful.

BitmainBitmainHuobiHuobiCo-founder Du Jun returns to Huobi.

Subsequently, Kelvin Chen of Huobi DeFi Labs made a presentation entitled "DeFi 2.0: From niche to Wall Street"The theme sharing systematically disclosed Huobi's many researches and practices in the DeFi field. Kelvin Chen said that the troika in the DeFi world: stable currency, AMM and lending. DeFi will realize the paradigm shift of traditional finance, and its core is stable currency. Now DeFi 1.0 has achieved zero to 10 billion US dollars. If you want to go up, it is from DeFi 1.0 to 2.0, which can increase the funds from 10 billion to 100 billion. However, the agreement needs to be upgraded, and the risks must be controllable. When the risks are controllable, big funds are willing to come in. In the end, it can be realized, from minority funds to public funds, allowing DeFi to evolve into the Wall Street world.

Immediately afterwards, Zhu Wei, the co-founder of INBTC, made a speech entitled "3 historical stages of the mining industryNext,

Next,ETCEther Classic Asia-Pacific Chief Strategy Officer Ruchu made a speech entitled "ETC and the stories of everyone in the community"Theme sharing. As stated earlier, ETC is programmable digital gold. Compared with Ethereum, what the ETC community has been doing is "seeking common ground while reserving differences". In different aspects, three hard forks were completed before June 2020 (respectively: Atlantis in September 2019; Agharta in January 2020; Phoenix in June 2020); The core organization ETC Core has many development achievements to help and build ETC. Regarding the "51% attack" that has attracted much attention before, Ru Chu said: "In my opinion, this is not a chain problem, but more a problem of economy and computing power, and more importantly, it comes from the miner group. We are about to Build miner facilities."

After the topic sharing is over,Derivatives RoundtableDuring the session, Bochain Finance specially invited Maggie, vice president of BitZ, Jing, market leader of KuCoin, Willson, business leader of BiKi, and He Wei, co-founder of LBank, and other star players on the trading track to review the upcoming 2020 and derivatives Where will it go. This round table is hosted by 499Block partner Josephine.

encrypted assetsencrypted assetsWaiting for the rise of core assets. Compared with 2019, the overall growth of derivatives transactions in 2020 is quite obvious. Among them, from the perspective of the first quarter, the trading volume of perpetual contracts accounted for almost 40% of the total derivatives trading volume, and the trading volume of perpetual contracts in the second quarter was basically 75%.

Jing, head of the KuCoin market, said that in the short term, the market sentiment is not particularly good. Bitcoin is in a very strong wait-and-see attitude, because many things are pending, especially holders of large funds, who are afraid to Make big moves. 2019 may be a glorious year for derivatives, but 2020 is a year of strategic adjustment and contraction of derivatives. This does not mean that the importance of derivatives in the market will decrease in the future, but its potential is great . KuCoin internally feels that the entire market in Q4 may not be as lively as Q3, but there may be a better market in 2021.

Willson, the head of BiKi business, said that the trend of Bitcoin, which has just been halved, is still continuing the trend of the previous two halvings, so it will not be able to achieve a particularly good trend in the short term, but the future can be expected. Possibly affected by the rise of DeFi, the contract status dominated by Bitcoin has been weakened, which also balances the scene where the derivatives market has long been occupied by a single currency, and the contract volume of Ethereum, DeFi and other derivatives projects has increased significantly .

He Wei, the co-founder of LBank, said that LBank has relatively little layout on the derivatives track, which can be regarded as a supplement to the business. The contract, including the entire derivatives, is a zero-sum game market. Of course, it has its own necessity. "We tell users every day that the contract can be increased by 5-10 times, but users don't listen, and they like high leverage." At present, the premise of derivatives is compliance, and there will be a very large market after compliance.

DeFi Roundtablepublic chainpublic chain, project parties, investment institutions, and incubation institutions, let’s talk about the DeFi market that will be hot and cold in 2020. This round of round table was chaired by Du Chao, the founder of ByteLink.

Co-Founder Steven of Chain Hill Capital said that most people see the popularity of DeFi in the second half of 2020. But in a real sense, DeFi has matured in the second half of 2019, and in the first half of this year, the data has begun to show clearly. One is the soil of Ethereum, and the other is the gradual maturity of transaction users. These two points determine that DeFi can have a relatively large development. The entire DeFi market, including Uniswap, is currently able to account for 5%-10% of the total transaction volume including centralized exchanges. This is a particularly scary figure.

Conflux Business & Technology Director Shang Shu said that the outbreak of DeFi in 2020 feels a bit early. The essential logic of DeFi is still not resolved even today, and the over-borrowing still has not found a realistic scenario. Exchanges on UNI should be cheaper than those on centralized trading platforms. The benefit of UNI to the industry may be that it can reduce the listing fees of the three major exchanges, which is also very powerful.

Cocos-BCX technology contributor Reed Hong said that the liquidity mining model has detonated the industry, and the huge wealth effect has made many people follow suit. This is the fundamental reason why DeFi is discussed by everyone. Looking back at DeFi now, the Ethereum community is really a large developer community. The code of the entire UNI is amazingly written. The core exchange logic can be made with less than 200 lines of contract code. Every line on the UNI None of the code is redundant.

digital currencydigital currencyOriginal value derives greater value. In May, Compand came with super high mining income. In the mainstream currency circle, there is a need for behaviors that can make users feel more involved. The biggest starting point for this wave of DeFi popularity is profit.

Liesa, a partner of Jubi Labs, said that whether the encryption industry is a centralized transaction or a decentralized application, the essence is still around transactions. It is normal to make a series of innovations around finance, even if it is very simple and rude at the beginning, and even be regarded as "rebellious" by the traditional financial industry. This is also the value of the encryption industry. Traditional financial thinking is really not suitable in the currency circle. UNI can stand on this track, which means that its community and investors have basic recognition for it.

Guo Tao, head of Zenlink China, said that in 2017, the concept of the public chain was discussed. Recently, the smart contracts on Ethereum have been continuously improved, and some products have been launched, which has led to the popularity of DeFi. The centralized trading platform may be spot at the beginning, and later it will become futures and various derivatives. DEX will follow the same path in terms of business form, so it is necessary to lay these all out from the technical level. The traditional Internet, industry and capital go here. Whether it is technology or underlying high-quality assets, it will definitely carry the entire building. We will see more and more "Lego building blocks" to improve the entire industry.

Finally, the Organizing Committee of the 2020 "Star Power" Ceremony has previously completed the collection of information on the development of the blockchain industry in 2020 with the founders, executives, business leaders and KOLs of nearly a hundred companies in the blockchain industry at home and abroad. In 2019, the blockchain industry was reviewed, and a number of awards were set up, focusing on companies, projects and pioneers who have greatly promoted the blockchain industry.

Among them, the 2020 "Star Power" annual blockchain innovation companies are: Huobi, OKEx, FTX, Uniswap, KuCoin, BiKi, MXC Matcha; the 2020 "Star Power" blockchain companies (projects) with the most technical strength are: : Chainlink, ETC Ethereum Classic, Conflux, Yunxiang Blockchain, Cocos-BCX, OKLink, ChainUP, HBTC CHAIN; 2020 "Star Power" Blockchain Pioneer of the Year: Huobi DeFi Labs Climax, Inbit founder Zhu Wei, ETC Asia-Pacific Chief Strategy Officer Ru Chu, KuCoin Senior Partner Alicia, Conflux Baker, Wu Lian Technology CEO Wu Fengheng, Henha Interactive Founder Jiang Xiaoyu, Women's Blockchain Founder Chen Zhu, the above rankings are in no particular order.

In addition, the authors of the 2020 "Star Power" blockchain annual column: Blue Fox Notes, Aunt Zhang, Aunt Yang, Women's Blockchain, Big Cousin of Blockchain, Block Gold Diggers, Where is the Currency Circle, Scale Blockchain, Huobi Institute, the above rankings are in no particular order. In addition, TitanSwap, N7 Labs, and Farmland won the Most Noteworthy DEX Platform, the Most Noteworthy Emerging Institution, and the Most Noteworthy DeFi Aggregation Platform in 2020 respectively.

Wang Hui, founder of Broadchain Finance, said: “This is following the 2019 Blockchain Fashion Night·Shanghai Cruise Dinner on October 25, 2019, and the annual Blockchain Awards Ceremony of the “Star Power” of Broadchain Finance on the luxury cruise ship on the Bund in Shanghai. After the successful holding, it is another annual event held by Bochain Finance. The 2020 "Star Force" event mainly reviews and takes inventory of encrypted assets (Bitcoin halving), derivatives (contracts, futures, options), DeFi (DEX, Annual hot topics such as liquidity mining).”

"Bolian Finance, as an old-fashioned blockchain financial media that has gone through bull and bear, holds the "Star Power" annual grand ceremony, intending to inventory and summarize the development of the blockchain industry in the past year, and to witness and promote it from the perspective of the media. Industry development," he said.