Dialogue guest: Mr. Rong Chen, founder of Elastos.
Host: feng zhang, Elastos investors, digital time block chain service alliance founder, golden guest lecturer, school of block chain study community bit university counselors, in accordance with the special experts help financial knowledge sharing platform, Beijing the jin cheng TongDa (Shanghai) law firm practicing lawyers, chain blocks, founding team and investors legal adviser.
The following is the text of the dialogue.
The first question
Feng zhang:Elastos, as an Internet operating system driven by the block chain, hopes to build the intelligent world wide web. How does Elastos plan ecology and application? In fact, the development of the operating system requires a very heavy workload. What is the preparation for the task of Elastos as a start-up team? Where does confidence come from? What is the means of implementation?
Rong Chen: we all know that there are people who divide the blockchain into three generations, the first is bitcoin, the second is the smart contract of the taifang, and the third generation is DApp. I am interested in DApp, because it requires an operating environment, which is the operating system.
Many people find operating systems difficult and mysterious. Since 1985, I began to do the related work of the operating system to do now for 30 years, especially in the 2000 home business do system of eighteen years, has experienced many frustrations, among these also can saying is ready to work. We took a lot of detours, but there was still some accumulation. Based on the previous experience, and then look at the block chain project, I think DApp is really an opportunity.
Will block chain in this field, most people focus on block chain itself, such as PoW, DPoS consensus mechanism, or some of the social impact, such as building trust, financial payment, etc. But I think that whatever the technology, it's going to benefit the people in the end, and it's going to be affordable for consumers, and it's going to be based on the so-called DApp.
Our confidence comes from our understanding of computers. After all, the digital world and the smart economy we do have a lot to do with computers and IT. App or smart or contract, a lot of people speak Turing, basically can programming is the perfect figure (flash-back turing-complete concept: all calculable problem is turing-complete), the need to really implement to mobile phones or the Internet, we itself is a new Internet to do. Change a perspective, throw block chain, as of today's Internet is not an ID, anyone can get a server to the Internet as a node, so the development of the Internet especially rapidly, because there is no approval, this has led to a lot of virus, fake identity, stealing users' privacy, and a series of serious problems in particular, these are all with no ID. Now, some of the bigger apps that people use, such as tencent, Google, Microsoft and other oligopolies, have given you an ID, which makes it safer.
Here are some of the features of the blockchain:
The first feature is sent the Internet a ID, not controlled by which country, do a purse, wallet is a kind of ID, because the wallet is used to pay, must be a unique identifier for a principal. So we don't go to entanglements what block chain can achieve realm or efficiency, we put the block chain mature characteristics for use on the Internet, such as the Internet can have a ID, at least is the beginning of the security.
The second is that there is a deposit certificate, which is a fair and fair notary office, which does not belong to any country and USES mathematics to prove the problem. COINS can do six times a second operation, both computer fast or slow is six times, said this, in turn, save the how much speed is not a particularly sensitive issue, so the speed of the chain block is not so serious.
The third feature is scarcity, the fourth feature is consensus,
Applying these four features to the Internet has changed a lot, and the key is to be able to use it.
The second question
Feng zhang: as a new generation of Internet operating system, Elastos is ready to run on some hardware. How can we persuade partners to bet on the future with such fierce competition in the hardware market today?
Chen banyan: let me explain the operating system first. When it comes to operating systems, many people think of Linux and Windows, and think of PCS or mobile phones. But you may have noticed that virtual machines can run several virtual operating systems on an operating system. The original operating system, like the predecessor of Linux, Unix, was developed around 1970 and began to mature in 1985, 15 years later. But 30 years from 1985 to now, there have been a lot of people try to challenge the Unix or Windows, but in the end prove their equivalence, that is our today's operating system architecture or forty years ago actually operating system architecture.
At this stage, the new generation of research and development is actually not the operating system of the physical machine itself, but the virtual machine, which is called cloud computing. Cloud Computing is also called Elastic Computing, and amazon calls him Elastic Compute, not Computer or Computing, Computer is the hardware Computer, Computing is the operation of the program, and Compute is the virtual machine.
So Elastic Compute Elastic Compute is how many virtual machines can be started on demand and how many virtual machines can be destroyed. The English Elastos, also known as the cloud, is actually the operating system of the virtual machine.
This name was I in 2002, because I was in 1998 participated in 1999 Microsoft design. Net operating system, the operating system is a network as a computer, run the virtual machine, the virtual machine is known as the "flexibility", the word "resilience" (Elastic) is only 2006, 1999, no. In 2002, I got the name "Elastos", which is called elasticity. Four years later, amazon used the word, but I can't say that amazon copied it, because I had returned to China at that time.
So now we do the so-called network operating system not much relationship with hardware, prefer to call it a Smartweb, is a world wide Web can run the program, because our generation on the Web, in 1995 the birth of the browser, which has a URL, a Web page with one click on display to the user. A click on a URL, the next generation of world wide Web is the show in front of the user, a program Google call this Instant App, and we are the pipe this Smarweb, run Smartphone is like mobile phones, Smartweb Web is running program.
When you think about it, it's easier to convince your partner. Because the cost of hardware is very high, the supply chain is long, the time is long, and the cost is very large. To make a virtual machine, only the software development cost, the production cost is almost zero, just like the browser installed on your mobile phone can run. So now we're doing the Elastos virtual machine, which is called Elastos Runtime. Already available on apple phones, android phones, ubuntu, and Linux PCS, it has been able to run the simplest Hello World program.
Our decentralized network platform was open source in February 2018, so our progress is fast. At this point, just as the browser was born in 1995, as long as we make a few typical applications, I'll explain what that is. It doesn't cost much to convince these high-cost big partners, but it's a grassroots startup that can be used.
If such a Web with the characteristics of blockchain, such as ID and card, can form a scarcity, then there are many new business models and profit models. Then we want to create a startup wave that some small startups will use. We can use it; ELA encourages them to use the Smartweb.
Bing he: similar to WeChat for small programs?
Rong Chen: it's a little bit like WeChat, but WeChat is not decentralized like the blockchain, but centralized and controlled by a company.
The third question
Feng zhang: thank you, Mr. Chen, for the third question, which is the Token ecology of the cloud and the Token ecology of each DApp, how to deal with the relationship between competition and competition?
Rongchen: let me tell you two more tokens. The common chain is a Token called Crypto Currency, and the Utility Coin, which is what we call Token. Recently, some people refer to the common chain as Currency, and the Security Token of this interest class is called Token, to distinguish these two different tokens. The United States is very strict about the Security Token, like ERC20, which can be used to raise money if it costs thousands of yuan, and the United States is very strict about such activities. The real chain of deployment nodes in the world mining, countries encourage innovation. The common chain is the basis of trust, but not all of the common chains are naturally trustworthy. Bitcoins and Ethernet are trusted because they now have traffic, so there is trust that no one is in control. Elastos must build Smartweb, if the traffic is much, much more DApp, more users and slowly to build trust, users of Elastos so on Elastos public trust chain is much, so need time is trust and flow is established in this paper.
We don't think elastos is competing with bitcoin because we're working with bitcoins in a joint mine; We don't think we are in the etheric fang competition, because some website elastos future contract is based on the consensus and intelligence, so we will support the etheric, will also support the intelligence of the Neo contracts. Actually like a Web, people are willing to use Java language development, people are willing to use C language development, people are willing to speak English, does anyone want to speak Chinese, this is we don't have to choose to restrict which kind of, we will go to support.
The elastos system, we're going to support some apps, and there's going to be something called entitlements. So let's say I write a book, I issue 10,000 copies, who has a 1 in 10,000, and that's the equity. It could be that you wrote a Blog, and I give you a reward, a little bit of circulation, but it's mostly about equity. On the elastos platform, DApp is encouraged to form ecology, not to compete, but to support cooperation. A Web, without a website, without a DApp, can't be an ecosystem. , of course, whether there will be the same on the ecological DApp will compete, it's similar in what is now the mobile phone operating system, on the IPHONE do same cloud notes may have several, also play games, I'm afraid there are several. This is not competition with elastos, which is normal market behavior.
The conclusion is that elastos is a platform. Elastos does not compete with anyone. We welcome you to develop DApp on our platform.
Fion wu: teacher Chen, please ask the extension of the second question (2.1 now it is generally believed that the block chain is used as a tool to embed other mature operating systems, and to acquire them from each other; The launch of your product shows me the hope of fast access to the Internet of things. But based on the relationship between the main function of the existing mobile product or the smart hardware and the block chain ID, how can you guarantee the performance of both? (2.2) elastos system used to construct the personal ID is a natural advantage, despite the security and stability of elastic system performance problems, such as can imagine its infinite chain was used to build the private character networking assets. In this part of the ID dependency, has Mr. Chen considered how to build it?
Rong Chen: I don't particularly understand these two problems, which is that the blockchain is embedded in the mature operating system. Is the blockchain embedded in Linux or Windows today? I'm not sure. Like today or some other block chain development and application of Ethernet fang, they actually or they are doing this, virtual machine, such as EVM entry or development environment, and then their programming with Windows, Linux also different, not embedded into the operating system.
He ice: Fion.Wu is probably based on the Internet of things she is working on, probably referring to the operating system of the Internet of things devices.
Rong Chen: I feel like there is a connection to the Internet of things, like a DAG. I think it's a special case, and it's not widely said that he is an Internet of things. This question we can discuss again in private, because a lot of things still need to face to face, or to ask a few more, back and forth, to know their this basic Angle and position.
In fact, I have a view, the Internet of things three words, according to the understanding of Chinese actually is a net, the front is an adjective, the last one is a noun. What you're talking about is the Internet of things operating system, most of which is the sensor operating system, which is the OS. Whether we should be talking about OS, or net OS, it's actually two very different angles.
So I think the OS, such as sensors in the CPU and then do a operating system, because the sensors are different, so it is difficult to use an operating system to apply all sensors, is unlikely to be one size fits all, and the various operating systems. But it is not the case that these operating systems deviate from the design of the classic operating system, just a variety of clipping of the classic operating system, which is far from the operating system of the web. Some people know my experience, we plan Microsoft.net operating system is really want to make a network operating system. I have been working in the cloud for 18 years, and I have been working on a network operating system, which I really don't think China will do.
The fourth question
Feng chem: thank you very much, Mr. Chen. How can elastos obtain its own benefits when it brings convenience to distributed applications, and do they support the large-scale development of continuous evolution?
Rong Chen: speaking of elastos revenue, you might not believe it. Operating systems such as Linux are open source, and he is primarily concerned with fostering ecology. So we all know that, for example, when we do a science park to attract investment, it is very different from the position of the enterprise. Like a country, he is maintained by taxes; And then you have to pay taxes, or you have to pay taxes on your own money, so these two angles are very different. Operating system, it is like a science and technology park, like an incubator, as a nation, they hatch in the ecological, so first of all to say to want to let their ecological benefits partners.
The ecological use more people, its value is reflected, such as Windows with more people, Windows is valuable, android with more people, Ann has value, its interest is not evident at this time. That's what elastos says, first of all, we've got some bitcoin, and it's enough to develop this so-called Smarweb of elastos. So after the development, our operation is based on one percent of the market capitalization, and one percent of the annual mining is given to the developer, which supports the maintenance and improvement of the later stage.
Of the 4 percent of the increase, 70 percent were mine owners, and about 4 percent was 1.2 percent to developers and operators. Our operations team or development team, after the development of this platform, is maintained by 1.2% of GDP.
5 q
Feng zhang: in a time when the white paper was rampant, everyone said they were the blockchain operating system. What is the difference between elastos and its competitors? Whether elastos has found worthy competitors.
I will give you some basic common sense literacy. From two angles I give you a little bit to define what is not operating system, such as operating system generally can not to describe how many times per second operation, how many times per second is a computer operation. So I have a basic understanding, from the point of view of a computer scientist, that I think a blockchain is a computer. Although there are a lot of a block chain nodes, such as six thousand or ten thousand nodes, each node or computer, but the ten thousand nodes computer and formed a larger computer, equivalent to say that we, the four nuclear can form a mobile phone, we can form a one hundred and twenty-eight cabinets and galactic machine, is the small computer can make a big computer. So the computer is talking about the main frequency, the processing speed. The operating system doesn't talk about the main frequency, it doesn't talk about speed, it goes faster with the machine, and the operating system runs faster.
The second point, of course, is the difference between a system program and an application. What is an application? Apps are apps that the average end user (or consumer) can see and touch. Let's say I used a browser, I used a Word processing document, and that software, we call it application.
We turn on the computer and look at the hard disk, which also has a circuit board, which has its own operating system and its own software. Such as a sector of the hard disk is broken, it will automatically jump in the past, because the hard disk is very big, such as 1 t of hard disk, it is good not every sector, every record is good, it will be fault tolerance, it will jump over it is done by software, but the software is systems programmers to write is what they use. End users can't see it directly. Behind the camera is Linux on the back, is Linux running Linux on the run, or is Linux running a camera? When he was running the Linux on the camera, he was actually the system software, not the app, and that was a device.
EOS is emphasizing that he is faster than the etheric, and in that sense, it's not the operating system. Second, that is, the general operating system, is to run applications above, so when the operating system will provide a things, called the SDK (software development kit), Linux is to provide a Linux SDK, Windows provides a Windows SDK, android will provide an android SDK, invented the operating system will provide original SDK.On the contrary, we use android, such as huawei's mobile phone and xiaomi phone. These mobile phone development applications, in fact, use the android SDK. So from this point of view, the xiaomi phone SDK is not much different from huawei's mobile SDK, which is almost the same, both from a company called Google. In other words, the operating system is Google and not huawei or xiaomi. So let's take this concept in turn to set up a set of today's block chain, which block chain company provides the SDK?
First of all we know of EOS in call Web Assembly, the SDK is developed by Microsoft, apple and Google and other Web browser agreed a standard, is provided by their three discuss a SDK, is not provided by the EOS. Just as huawei didn't do the operating system, it was the operating system that Google did, in other words, the EOS didn't do the operating system, because he didn't have the SDK.
Then assess the etheric, etheric fang contracts of EVM entry support is implemented, the etheric fang said a white paper, EVM entry does not develop non-financial not record the application of class, so that is it an encrypted cats, or other games, are running under the chain, not the etheric fang run on this chain. Smart contracts that is actually the etheric lane, like the inside of the hard drive program, or when we use Excel macro inside, or when we use the database inside the Store Procedure, meaning that the database is programmable, Excel are also programmable. The hard disk is also programmable, but these three are not directly facing the customer, whether they are database, Excel or hard disk.
So it's not DApp. There are a lot of people who confuse smart contracts with dapps, which is very lax. So it's not the operating system, at least not the traditional Windows operating system and the android operating system, not the operating system in that sense. It can only be the operating system on the hard disk, or the operating system on the head of the camera, which has nothing to do with the people. EOS is just a computer, it's a dedicated computer; It can only be used for bookkeeping, not for ecology.
Q 6
Feng zhang: can elastos use/contact the established blockchain platform of existing large companies? For example, Microsoft Azure, the IBM block chain platform.
Rong Chen: the simple answer is that you can't be compatible with Microsoft or IBM compatible. Elastos has its own SDK, with its own programming style and programming language. The elastos programming language is standard c or c++, rather than the EVM language, like solidity itself.
On the other hand, the blockchain requires credibility, especially the common chain. So the common requirements are open source, you can trust that you are not hidden. Next we made a smartweb, which is now 100 percent open source, and the c++ virtual machine is 100 percent open source. Now it's just a simple prototype that will be available this summer at 0.1, and it's 100% open source.
Having a user ID doesn't mean he knows the real source of the user. Like bitcoin, anyone can apply for a wallet in bitcoins, but you don't know which country it belongs to, and of course you know it should be a person in the back. That's a lot better, because if this guy bothers me back and forth, I'll put him on the blacklist. Or this person initiated DDOS attacks, such as taking a million cameras and attacking a website. He had to have at least a million different ids, otherwise it wouldn't have been able to launch the DDOS attack.
But now the Internet, because he didn't ask for ID, so you held one million camera, you can immediately attack, even you don't have to have one million half an anonymous ID. The other point is a philosophical question, which is that Microsoft, IBM, Google, and apple are very hard to be 100% open source, and then they have to go back to the problem and they can't make a profit. Can't do a male chain every company or every company do the Internet, the Internet is to put all of the company all the sites to together, so the Internet is to have credibility, but on the other hand, need to open source is not for profit for the first goal.
This philosophy is very different from the company. The company's first goal is to make money, and the network is two very different positions. The product is competition, the company is profit. Smart as the national economy, is the ecology, in order to breed hatch it state is the common people to live and work in peace and contentment, in order to make it not to argue with anyone out, so the location is very different.
That's why you think of Linux as an operating system and Windows as an operating system. But they are technically similar, but their positioning is very different, because the Internet's boom has caused Linux to come and go. Technically, around 1990 in Linux, Windows technology is far ahead, because Linux is written by a graduate student at the time, its technical level was still very limited, only because of the Internet, the operating system must open, fair and just get the support of some Internet users, Linux also got some grow slowly.
7 q
Feng zhang: how does elastos establish a user ID system, and how do you identify the real source of user ids?
Rong Chen: based on the half anonymous ID, we can also derive a layer above, for example to Kyc (know your customer: know your customer), if use this ID do website, we will request the site must comply with local laws and regulations, such as open web site in China must be real-name system, you have to take the ID card to go with you for half an anonymous ID of the binding, this half an anonymous ID is equivalent to say, is a world within the scope of the identity card number, you just don't know who is behind him the ID number, then also don't know what nationality are. But if you'd like to open web site, it must be done to the public security bureau real-name certification, must be a phone number with unionpay binding, if he sold some of the illegal goods, he will bear the legal responsibility, can go to court to accuse him. Of course, this is not entirely technical, but legal compliance, and there are many lawyers in this group who are probably more professional than I am.
8 q
Feng zhang: why is the circulation of ELA linked to the circulation of bitcoin? What is the face value of ELA? For example, exchange with usd or RMB.
Rong Chen: the design of elastos is basically a reference to bitcoin, which is that the circulation and mining speed of ELA is double the circulation of bitcoins. It's now worth $16.5 million, so ELA has a circulation of 33 million, and now it's worth twice as much, and 12.5 for every 10 minutes, so we're every 10 minutes. About twenty-five eles. When it was released we were twice as fast as bitcoin and twice as fast as bitcoin, so we were about twice as fast as bitcoin.
On the contrary, we use android, such as huawei's mobile phone and xiaomi phone. These mobile phone development applications, in fact, use the android SDK. So from this point of view, the xiaomi phone SDK is not much different from huawei's mobile SDK, which is almost the same, both from a company called Google. In other words, the operating system is Google and not huawei or xiaomi. So let's take this concept in turn to set up a set of today's block chain, which block chain company provides the SDK?
First of all we know of EOS in call Web Assembly, the SDK is developed by Microsoft, apple and Google and other Web browser agreed a standard, is provided by their three discuss a SDK, is not provided by the EOS. Just as huawei didn't do the operating system, it was the operating system that Google did, in other words, the EOS didn't do the operating system, because he didn't have the SDK.
Then assess the etheric, etheric fang contracts of EVM entry support is implemented, the etheric fang said a white paper, EVM entry does not develop non-financial not record the application of class, so that is it an encrypted cats, or other games, are running under the chain, not the etheric fang run on this chain. Smart contracts that is actually the etheric lane, like the inside of the hard drive program, or when we use Excel macro inside, or when we use the database inside the Store Procedure, meaning that the database is programmable, Excel are also programmable. The hard disk is also programmable, but these three are not directly facing the customer, whether they are database, Excel or hard disk.
So it's not DApp. There are a lot of people who confuse smart contracts with dapps, which is very lax. So it's not the operating system, at least not the traditional Windows operating system and the android operating system, not the operating system in that sense. It can only be the operating system on the hard disk, or the operating system on the head of the camera, which has nothing to do with the people. EOS is just a computer, it's a dedicated computer; It can only be used for bookkeeping, not for ecology.
Q 6
Feng zhang: can elastos use/contact the established blockchain platform of existing large companies? For example, Microsoft Azure, the IBM block chain platform.
Rong Chen: the simple answer is that you can't be compatible with Microsoft or IBM compatible. Elastos has its own SDK, with its own programming style and programming language. The elastos programming language is standard c or c++, rather than the EVM language, like solidity itself.
On the other hand, the blockchain requires credibility, especially the common chain. So the common requirements are open source, you can trust that you are not hidden. Next we made a smartweb, which is now 100 percent open source, and the c++ virtual machine is 100 percent open source. Now it's just a simple prototype that will be available this summer at 0.1, and it's 100% open source.
Having a user ID doesn't mean he knows the real source of the user. Like bitcoin, anyone can apply for a wallet in bitcoins, but you don't know which country it belongs to, and of course you know it should be a person in the back. That's a lot better, because if this guy bothers me back and forth, I'll put him on the blacklist. Or this person initiated DDOS attacks, such as taking a million cameras and attacking a website. He had to have at least a million different ids, otherwise it wouldn't have been able to launch the DDOS attack.
But now the Internet, because he didn't ask for ID, so you held one million camera, you can immediately attack, even you don't have to have one million half an anonymous ID. The other point is a philosophical question, which is that Microsoft, IBM, Google, and apple are very hard to be 100% open source, and then they have to go back to the problem and they can't make a profit. Can't do a male chain every company or every company do the Internet, the Internet is to put all of the company all the sites to together, so the Internet is to have credibility, but on the other hand, need to open source is not for profit for the first goal.
This philosophy is very different from the company. The company's first goal is to make money, and the network is two very different positions. The product is competition, the company is profit. Smart as the national economy, is the ecology, in order to breed hatch it state is the common people to live and work in peace and contentment, in order to make it not to argue with anyone out, so the location is very different.
That's why you think of Linux as an operating system and Windows as an operating system. But they are technically similar, but their positioning is very different, because the Internet's boom has caused Linux to come and go. Technically, around 1990 in Linux, Windows technology is far ahead, because Linux is written by a graduate student at the time, its technical level was still very limited, only because of the Internet, the operating system must open, fair and just get the support of some Internet users, Linux also got some grow slowly.
7 q
Feng zhang: how does elastos establish a user ID system, and how do you identify the real source of user ids?
Rong Chen: based on the half anonymous ID, we can also derive a layer above, for example to Kyc (know your customer: know your customer), if use this ID do website, we will request the site must comply with local laws and regulations, such as open web site in China must be real-name system, you have to take the ID card to go with you for half an anonymous ID of the binding, this half an anonymous ID is equivalent to say, is a world within the scope of the identity card number, you just don't know who is behind him the ID number, then also don't know what nationality are. But if you'd like to open web site, it must be done to the public security bureau real-name certification, must be a phone number with unionpay binding, if he sold some of the illegal goods, he will bear the legal responsibility, can go to court to accuse him. Of course, this is not entirely technical, but legal compliance, and there are many lawyers in this group who are probably more professional than I am.
8 q
Feng zhang: why is the circulation of ELA linked to the circulation of bitcoin? What is the face value of ELA? For example, exchange with usd or RMB.
Rong Chen: the design of elastos is basically a reference to bitcoin, which is that the circulation and mining speed of ELA is double the circulation of bitcoins. It's now worth $16.5 million, so ELA has a circulation of 33 million, and now it's worth twice as much, and 12.5 for every 10 minutes, so we're every 10 minutes. About twenty-five eles. When it was released we were twice as fast as bitcoin and twice as fast as bitcoin, so we were about twice as fast as bitcoin.
We're a little bit different from bitcoin. The number of bitcoins is less and less, halving every four years, now 12.5, and only 6.25 in four years. ELA is raising about 4 percent a year, and that's mainly to do an economy, with 4 percent inflation. That is to say, bitcoin is deflationary and ELA is inflationary.
Our basic idea is to make a Smarweb, a smart economy. My partner, Mr. Fenghan, has a great deal of research on the smart economy, and I am very impressed with the idea that we have a digital point-to-point direct sale on Smarweb. , for example, we make a book and a scarcity of ten thousand books circulating on the Internet, and then I want to buy a book, read after can I put it sold out, it has formed a smart economy.
We designed 4 percent inflation for this smart economy, and I've seen it in some literature. Said at the time of this smart design COINS, with around 2020 dollars about issue number should be $two quadrillion, he is two quadrillion one hundred trillion, so the face value of the ELA is also take money orders of magnitude as the reference.
People are saying that bitcoin is the digital gold, and it is in elastos's Smarweb that it flows with ELA. ELA is not necessarily the main currency of Token. Since you can open a website on it, the website can be settled in us dollars and can be settled in RMB. Web sites use different currency to settle accounts.
We asked the ELA to have a price, otherwise it wouldn't be able to motivate the miners, so it must be like gold. After the miners have dug it, it can be exchanged for different legal COINS in the trading market. That, of course, we do Smarweb, user registration ID, such as coin purse, registered wallet is free, you can do a purse, this half an anonymous but if you call this wallet named zhang SAN, to make money, you need real-name authentication. If want to open a website called sina.com.cn, this time the need to go to the real-name certification, just as the Internet domain name certification is the same, not free, or you'll put sina, sohu, Google all take off, others can't use, so be sure to pay to register.
Because you want to use the registration system, for example, to use the ID of zhang SAN to visit sina website. At this time, zhang SAN also has to pay the money to register this zhang SAN. Id, so sina also wants to pay money to register sina, when registering the name, we ask to use ELA to register. Of course, we also need to use ELA to invest in the DApp above, just as we can use bitcoin to invest in some ecological applications today, we must give ELA some usage scenarios.
This is to let the ELA circulation, so valuable, it is necessary, otherwise don't form the incentive and, in turn, we do not require websites sell with ELA settlement, our operations to the site itself is not charge as a GAS.
ELA have a place to use, because we are a Smarweb, some people help to guide the flow or provide the cloud set, they can also earn some the ELA, that is to say, some people spend ELA for registration website, so some people provides a hard disk provides the relay server, they can also earn some ELA.
9 q
How does feng zhangelastos deliver value?
Rong Chen: the value of the Internet is mainly due to the scarcity of the blockchain. The etheric square is made of the common chain, and is done on the elastos with side chains. We think of the common chain, ELA as the hair ID, the automatic operation, the miner's mining, Side Effects that caused the Internet's Smarweb to run automatically, and then ID. There is a notary office in the center, a Token for ELA, and these are all made by the public chain. In turn, if we're publishing 10,000 books, it's in our user state that we have a side chain of books.
Ten thousand books I bought a copy and I sold it to somebody else, and I don't have the book anymore, and I use the smart contract to use the side chain to do the so-called value transfer. Value delivery is a user mode, is because the chain of blocks today does not distinguish between user mode and system, the operating system of the brain is very clear, but do always distinguish which is the system software, which software is applied, it may have become our occupational disease.
And we don't really have a lot of different technologies from real technology, like this one or other blockchain technology. We is to put some more mature technology for use, the only thing we have to do is different to put this smart contracts in user mode, and put a chain of intelligent contracts and stripping, this is a principle we absolutely want to emphasize.
Feng zhang: the group is still talking about what is the main purpose of elastos Runtime. In fact, I have asked teacher Chen to help us with this question before.
Rong Chen: in fact, the Runtime of elastos, which we call elastos Runtime, is somewhat like EVM in the etheric. The main reason is that we are mainly running DApp here. The EVM is mainly running smart contracts. The difference is that the smart contract runs on the block chain node and DApp runs on the mobile phone and other user terminals.
In general, the Runtime is called the sandbox of the App, which is the sandbox, also because of the fear of the application of the virus, or the application will leak privacy, or the application will launch this cyber attack. So making a sandbox is basically deciding what to do and what not to do.
The ultimate test, for example we can have a more flexible sandbox, eventually the sandbox to run the so-called C program, also is able to run the CPU instructions, so you can make all the CPU can run the program, can be run in a sandbox. This is not a simple block chain. Many people say Turing is equivalent to saying that he can write any program, which is a very ambiguous concept.
10 q
Feng zhang: group of friends just to ask the last question, consult the teacher Chen, elastos operating system supports running DApp, what to DApp development request, or will make some like various development language requirements?
Rong Chen: you can write a program that doesn't mean he can do it, because the Turing machine runs infinitely fast. Our phones are not infinitely fast, so if a Turing machine is on an infinite speed. For example, if you want to run for 100 years on your phone, theoretically you will be able to run out of a Turing machine, but we live a hundred years. So we started running on the day we were born and we died, and the program wasn't finished, so obviously this program is unacceptable, but it's a complete program. This makes it easy to understand that Turing complete does not mean that the program can be accepted by consumers because it is too slow. So the final measure that can be accepted is that this CPU is running or not running, and if this CPU is too slow, you can only buy a new machine.
As long as the CPU can run, the program should be able to run, which many people may not understand. For example, some people use Java development programs, some people use Java Script development programs, most programs Java can do, because computers are faster than people. But the other way around is that the Java program can't write the game engine, or write the so-called deep learning, or play chess. Because of these deep learning and intelligent driving, it burns a lot of CPU computing power. Java language is too slow, is not acceptable, must use hardware acceleration, this time is even not enough CPU, but also in the hardware acceleration, like this kind of situation eventually need to run with the machine instructions.
This is just about, is a lot of people at the thought of running machine instructions, will think of the operating system, because must be in the operating system to run, then ran out of the speed of machine instructions in a virtual machine, the virtual machine, in a virtual machine running machine instructions in today is unique, and that this is elastos also slightly a little let a person in the world proud.
Official website address
https://elastos.org
Elastos telegram
（1）news channel
https://t.me/elastos_org
(2) English fan group
https://t.me/elastosfans
（3）Chinese group[]
https://t.me/elastoscn
（4）English group
https://t.me/elastosgrou
(5) South Korean community
https://t.me/elastoskorea
(6) Russian community
https://t.me/Elastos_RUS
(7) Twitter contact
https://twitter.com/clouds621518171
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