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Conflux founder Long Fan: Adhere to technology and Compliance to build China's public chain infrastructure.
Scientist and Founder: The Technical Commitment Journey of Conflux Founder Long Fan
Professor Long Fan, the founder of Conflux Network, attended a digital finance and ecological development conference in Hong Kong on May 15. As a Tsinghua graduate, MIT PhD, and professor at the University of Toronto, Long Fan has rarely appeared in the public eye in recent years, focusing on advancing Conflux as China's only compliant public blockchain.
In the face of a rapidly changing industry environment, Professor Longfan shared for the first time his systematic insights on Conflux's positioning, his judgments on industry trends, and his advice for young developers.
The Original Intention of Entrepreneurship and the Technological Foundation
Professor Long Fan stated that he is primarily a researcher in computer science. Whether as the founder of Conflux or as a university professor, both are extensions of this identity.
Regarding Conflux, Professor Long Fan stated that its positioning is "a high-performance public chain based in China or Asia, aspiring to become an important infrastructure in the Web 3.0 era." This positioning has been established since 2018 and has been upheld to this day.
In terms of technology, Conflux's greatest advantage is achieving high performance of 3000-6000 TPS without sacrificing decentralization and security. Since the mainnet went live, it has maintained zero security incidents, reflecting the stability and credibility of the architecture.
The Road to Compliance and Development
As the only compliant public blockchain in China, Conflux's positioning stems from the team's long-term beliefs and path choices. Professor Long Fan stated that this was not something fought for, but rather a choice made when most teams proactively abandoned compliant development during a previous wave of regulatory policies, while Conflux chose to persevere.
This choice means higher compliance costs and more restrained decision-making, but the team always believes that it is valuable in the long run. As a technology team mainly composed of Tsinghua graduates, they believe they can communicate effectively with regulatory agencies to find solutions for advancement.
In Hong Kong, Conflux is also actively laying out its plans. Professor Long Fan believes that Hong Kong is playing the role of a "special zone" for blockchain, providing important policy dividends and opportunities for the industry.
Judgment on Industry Trends
When it comes to hot topics like RWA and Memecoin, Professor Long Fan believes that RWA represents the continuous optimization of the industry’s development path in the process of breaking through regulatory constraints, which is a meaningful evolution. On the other hand, Memecoin reflects humanity's primitive need for gambling, being the "gambling of the crypto era."
In the face of ever-changing hotspots, Conflux chooses to adhere to its established technological and strategic path rather than chase short-term trends. Professor Long Fan believes that this long-term commitment will eventually yield rewards.
Suggestions for Developers
Professor Long Fan believes that developers can choose between two styles based on their own circumstances: one is to quickly iterate and chase trends, and the other is to choose a direction for long-term investment. The key is to find a path that suits oneself.
For ecological construction, Conflux tends to support teams that are willing to cooperate in the long term and have clear plans, rather than short-term "migrant" developers.
By adhering to technological innovation and compliant development, Conflux is striving to become an important public chain infrastructure connecting China and the world.