Community Observation: 2019.12.05

SimpleChain
SimpleChain
Published in
3 min readDec 5, 2019

Blockchain: One of the Top 10 Buzzwords in China in 2019

Community Observation publishes insightful opinions and interesting thoughts collected from the SimpleChain community. If you have any thoughts/opinions about blockchain/crypto that you’d like to share, feel free to contact us through our Telegram group.

By 区块链小萝卜

“Blockchain” was named one of the top 10 buzzwords in 2019 by YaoWen JiaoZi, a Chinese language and literature magazine.

It has been more than a decade since Satoshi Nakamoto published the Bitcoin whitepaper. In this global technology revolution, China has seized the opportunity and actively embraced the blockchain technology. In recent years, various policies have been released to support the development of the blockchain technology.

In 2016, blockchain was first written into the “Thirteenth Five-Year Plan” National Informatization Plan issued by the State Council as a strategic frontier technology. Since then, various departments have issued policies to provide guidance and support for the development of the blockchain industry and promote the healthy and rapid development of the industry. In October 2019, the importance of blockchain was also emphasized by President Xi in his speech in the eighteeenth collective study of the Political Bureau of the Central Committee.

Many provinces and cities actively responded to the national strategies, promoted the development of the blockchain industry from multiple angles and fields, and helped blockchain companies grow rapidly. As of the first half of 2019, a total of 18 provinces / municipalities across the country have issued policies on blockchain.

In addition, to create a high-quality development environment for blockchain companies and consolidate the core strengths of the industry, more and more blockchain industry parks are being constructed. According to incomplete statistics, there are at least 21 blockchain industry parks in China, and Zhejiang province has the largest number of blockchain industrial parks.

About SimpleChain

The mission of SimpleChain is to simplify the blockchain for business.

SimpleChain is a PoW main chain with flexible sub-chains. Different sub-chains can adopt different kinds of consensus and block data structure as needed, to enable a variety of applications and use cases on blockchain. Sharding is also implemented to improve performance. This double-layered structure of one main chain and multiple sub-chains can fuel various applications while ensuring the consistency of the network.

Built on VeraxChain, SimpleChain’s first sub-chain, Baoquan.com provides record keeping services which serves to keep records of online data and authenticate electronic evidence. In June 2018, Hangzhou Internet Court of China judged a case of copyright dispute based on data stored on Baoquan.com. For the first time in China, the legal effect of the electronic data stored on blockchain is recognized in the judicial system. (News link: https://www.coindesk.com/blockchain-can-legally-authenticate-evidence-chinese-judge-rules)

Find SimpleChain at:

— -Overview — -

Website: www.simplechain.com
Whitepaper: www.simplechain.com/ims/chain/download?spm=1922.1381.010729.122&language=english
Github: www.github.com/simplechain-org
Blockchain Explorer: www.explorer.simplechain.com/

— Community — -
Twitter: www.twitter.com/SimpleChain
Telegram: www.t.me/SimpleChainEN
Medium: www.medium.com/SimpleChain
Reddit: www.reddit.com/r/SimpleChain
Facebook: www.facebook.com/SimpleChainOfficial

— -SIPC Mining & Trading — -
Wallet-Chainbox (Chinese only at the moment): download available at www.simplechain.com

Mining Client-SimpleNode (English & Chinese, can also act as a wallet): download available at www.simplechain.com

Mining Pools
1. SimPool (Chinese only): www.simpool.vip
2. MATPool (Chinese only): www.matpool.io/
3. DXPool (English & Chinese): www.dxpool.com/
Mining Guide with DXPool: https://www.dxpool.com/help/en/sipc-mining-tutorial

Mining Machine: SimpleNode X1 USB mining machine: 2M hashrate, 5W power use. Please contact @Laurenxy on Telegram if interested.

Trading

SIPC/CNT & SIPC/USDT: www.zt.com

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SimpleChain
SimpleChain

Launched on January 4, 2019, SimpleChain aims to simplify the blockchain for business, and build a simple, easy-to-use distributed blockchain network.