Blockchain Expert Han Feng: Persistence is the Key to Surviving the Bear Market

Han Feng is a well-known expert and advocate in the field of Blockchain. He holds multiple identities: a doctoral student in quantum physics at Tsinghua University, a visiting scholar at Columbia University, and a former Blockchain advisor for a well-known technology company.

Since entering the Blockchain industry in 2015, Han Feng has been active on the front line. He has not only been deeply involved in the Blockchain field but has also continued to engage in academic research in quantum mechanics. Han Feng has successfully combined theory and practice, establishing a unique theoretical system of quantum wealth perspective, and has published related works.

Speaking about the recent developments of the Blockchain project he co-founded, Han Feng stated that the project is progressing steadily as planned. He revealed that the sidechain is expected to complete compatibility with mainstream public chain smart contracts in the first quarter of this year, which will significantly reduce the migration and operational costs of applications.

In the face of the current market downturn, Han Feng admitted: "The rise and fall of the capital market cannot be influenced by individual will. When the project token price fell, I also considered how to support the price, even spending my own money to buy, but the fact proves that the bear market is unstoppable." He emphasized that during a bear market, doing solid work is the correct posture to wait for the next bull market.

It is worth mentioning that, despite the widespread pressure for layoffs in the industry, the project that Han Feng is involved in still maintains a relatively stable team size, currently having more than 70 employees. He stated: "As long as we keep working hard, the future will definitely get better."

Han Feng believes that one of the major advantages of Blockchain technology is the realization of data rights confirmation. He pointed out that personal privacy protection in the current Internet era faces challenges, and the value of data is often monopolized by a few companies. Blockchain technology is expected to change this situation, allowing everyone to truly own and benefit from their own data.

Looking to the future, Han Feng is particularly focused on the development of trusted computing technology. He predicts that in the next two to three years, trusted computing will achieve breakthroughs in key areas, providing strong support for the secure transaction of digital assets and the protection of personal privacy.

In addition, Han Feng is optimistic about the development prospects of P2P networks and believes that decentralized communication will become a key direction in the coming years. He stated that the essence of the second generation of the Internet is to eliminate centralized structures and achieve true peer-to-peer communication, thereby better protecting user privacy and data security.