The founder of the industry
When we mention Blockchain and Encrypted Currency, there are two people’s name we cannot ignore, Satoshi Nakamoto and V god.
In 2008, Satoshi Nakamoto published an article <Bitcoin: A kind of P2P digital cash system>, it represented the birth of Bitcoin, Blockchain technology was emerging as the layer technique for Bitcoin simultaneously. In the past decades, Blockchain and Bitcoin financial status and development prospect were continuously rising, many experts joined this industry in “One steps into breach as another falls situation”, but bitcoin founder satoshi nakamoto disappeared, nobody knew where he was.
Many people are trying to locate Satoshi’s real identity, even FBI has started an investigation about him, but nothing was found. In 2015, UCLA’s financial professor Bhagwan chowdhry nominated Satoshi as the candidate for 2016 Nobel prize. But Satoshi did respond to this nomination, then this nomination was ended. Until now, Blockchain technique has been an important technology development direction around the globe. Satoshi’s identity is still a mystery.
Besides satoshi, The founder of Ethereum(V god) is also attracting our attention，V god was born in 1994, he is only 26 years old, but his personal accomplishments are hard to reach for most of the people. As two representative elites in Blockchain industries, V god is not as mysterious as Satoshi himself, but he is also unattainable.
V god started knowing Bitcoin at the age of 17 and created a huge interest in Bitcoin. Two years later, he dropped out of university of waterloo and started Blockchain research. The second year after he dropped out of college, He published white paper <<Ethereum: A next generation encrypted currency and decentralized application platform >> on his self-editing Bitcoin Magazine. From that year, Ethereum collected 31000 Bitcoins (Around 18.4 million USD) as funds. As the founder of Ethereum, V God has brought public’s attention, he became the most impressive genius teenager.
Uprising of the BITCOIN
Bitcoin and Ethereum have laid the foundation for the whole Encrypted Industry, Satoshi and V god brought world’s attention because of their technology genius identity. At the same time, besides technology genius, there were some merchants changing their life through sensitive feelings, Bitmain WUJIHAN was one of them.
Bitcoin market risen in 2013, it became an investing star in a really short period of time, “mining “vocabulary has become the new trending for Financial fields. WUJIHAN has discovered a business opportunity. He discovered quickly expand mining market, now there were almost no competitors in the market, he decided to do mining machine, he and technical experts Zhanketuan built Bitmain at the top speed.
Without doubt, Bit main’s ASIC mining machine experienced wild pursuit by mining labors and got three rounds financing, earned a lot money for a really short time, WUJIHAN himself was mentioned in Hurun millionaire list and became new generation industry leader, but ZHANKETUAN who was in charge of technology did not remember by most of the people .
At the time when Bitmain just created, currency price development was benign, there were almost no competitions fight against it, Bitmain earned a lot of money. Although two founders have sort of disagreements, based on the premise of the idea “being rich together”, everything is going well.
At the end of 2018, coin prices had fallen to the lowest, Bitmain also experienced setbacks in HK Stock IPO，ZHANKETUAN was the first person to step up to require his employees to pick a side, they formed opposite trend within the company. Finally, wujihan had to step down from all the positions, ZHANKETUAN had taken the position as CEO.
From that time, company had started “Rights Seizing Era.” In August 2018, ZHANKETUAN started internal reform bold and resolute, he was not only process adjustments between departments, but also placed his trusted subordinate into each department. Complaints were coming one after another, contradictions deteriorated again. At the same time, when 2019 came, the whole industry was picking up again, new competitors were coming one after another, multiple mining manufacturers are starting invading in Bitmain market, under the state of Flux, Bitmain family estate was gradually wear out.
Political changes at a critical and difficult moment
In 2018 Two founder of Bitmain wujihan and Zhantuanke’s first authority competition broke out, this war was ended by WUJIHAN’S recession, but the story about authority power did not end.
Without doubt, In OCT 29th on 2019, political changes started again, At the time when Bit land experienced state of Flux, WUJIHAN returned to the company once again and seized power in a really short time, changed business information. Announced dismissal of ZHANKETUAN and restricted all his power unilaterally. Actually, political changes had planned for a really long time. In 2018, although WUJIHAN resigned all the positions except director he held in the company, he actually held company’s official seal always.
When he returned to the company, WUJIHAN quickly recovered his regime, changed HR director, held employee meeting. On the political change day, company’s business information changed accordingly, original legal representative switched from ZHANTUANKE to WUJIHAN, executive officer switched from ZHANGTUANKE to WUJIHAN as well, ZHANTUANKE had been completely kicked out of the company.
When ZHANGTUANKE who was 2000 miles away from the company received this message, he headed back to the headquarter as soon as possible, however, when he arrived at the company, he realized that he could not even get in the company.
This political change had been the whole industry’s hot discussion topics. 1 week after the event, ZHANTUANKE publicly stated that he will return the company through legal means. This past June he declared that he had returned to Bitmain. For this power competition, it is hard for us to decide who is right and who is wrong, but one thing we can predicted was that this game has been far from ending.
If we compare WUJIHAN to satoshi and Vgod, WUJIHAN is more like a business man, a business man who is able to balance advantages and disadvantages and process collateral damages. This fight with ZHANGKETUAN, it looks like a fight between company’s technical side and stakeholder seemingly, but it actually is the divergence of two people’s industry directions prognosis.
Of course, whether technical aspect like Satoshi Nakamoto or business man like WUJIHAN, they are the indispensable power for Blockchain industry development.
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