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Juan: Started a business at the age of 22, raised 257 million US dollars in one hour at the age of 29, and the contribution of the blockchain is only ranked after Satoshi Nakamoto and V God



"Vitalik, Gavin Wood, Juan, this is the most luxurious round table meeting I have ever seen!" On October 27, at the 6th Global Blockchain Summit held in Shanghai, a person came by car overnight The blockchain enthusiasts who attended the meeting said excitedly. Vitalik is the founder of Ethereum, a "genius prodigy", and recently he has frequently spoken out on social media because of Ethereum 2.0; The card's mainnet launch and the upcoming parachain slot auction have also been widely publicized and reported by many media. In contrast, Juan appears to be very "low-key". Except for "showing his face" when the Filecoin mainnet was launched a while ago, he is rarely seen in the media. Picture: Vitalik, Gavin Wood, Juan Benet In fact, in addition to Filecoin and IPFS, Juan is also a fruitful serial entrepreneur. Today, let's take a brief look at this "low-key" founder of the public chain project. Juan Benet was born in March 1988 in a city in south-central Mexico. In November, DEX transaction volume returned to above 100 billion US dollars, which was the first time in the past 6 months: According to news on December 4, according to DefiLlama data, DEX transaction volume returned to above 100 billion US dollars in November, reaching 103.84 billion US dollars, a record 2022 The highest record since May 2019. According to the blockchain, the top five DEX transactions in November are: Ethereum (approximately US$69.27 billion), BSC (US$12.01 billion), Polygon (US$6.94 billion), and Arbitrum (US$4.5 billion). and Solana ($2.81 billion). [2022/12/4 21:21:49] In 2006, Juan was admitted to the top three Stanford University in the United States with excellent grades to study computer science. Since the first year of enrollment, he has successively practiced in companies such as Anticancer, Verve Wireless, and Cooliris, which laid a certain foundation for his later entrepreneurship. In 2010, after graduating from his undergraduate degree, Juan chose to stay at Stanford University to study for a master's degree in computer science. At the same time, he also founded the game company Loki Studios with several other Stanford computer science graduates and served as CTO. Loki Studios focuses on the development of iOS games based on geographic location information. Its flagship product is called Geomon. Users can have different game experiences in different places. ) can affect the game itself. This is somewhat similar to the Pokemon Go game that became popular 4 years later. The European Central Bank will create a unified regulatory framework to manage encrypted activities and services: Jinse Finance reported that the European Central Bank (ECB) is working to coordinate the European Union's regulatory framework for encrypted currency activities and services. The regulator noted that several regulatory initiatives at European and international levels are being finalized. The regulator explained that banks are increasingly considering whether to offer cryptocurrency products and services, and that the ECB’s role is to “ensure that they do so safely and soundly.” The ECB said it worked closely with national supervisors "to ensure a consistent approach and high standards across countries". Currently, there is no unified regulatory framework in the EU to manage crypto asset activities and services. ( [2022/8/19 12:35:56] Picture: Geomon on the left, Pokemon Go on the right At the end of 2011, Juan resigned as CTO of Loki Studios, which was acquired by Yahoo in May 2013 acquisition. In 2012, Juan successfully graduated from Stanford University. Immediately, relying on the technology and resources accumulated during school, he founded the start-up company Athena, and once again invested in the wave of entrepreneurship. The goal of Athena is to draw all kinds of human knowledge into a learning roadmap, so that learners can quickly know which knowledge points they need to master when learning, thereby accelerating the learning process. The relationship between BlackRock and Biden deepens as former executive Nostrand joins the U.S. Treasury Department: Jinse Finance reports that according to foreign media sources, the relationship between BlackRock and Biden follows former executive Eric Van Nostrand to join the U.S. Treasury Department And deepen. [2022/8/12 12:21:54] As Athena did not develop smoothly, after a year, Juan chose to leave. During this period, Juan came into contact with blockchain technology for the first time and was deeply fascinated by it, which formed an indissoluble bond for his subsequent blockchain entrepreneurship. In May 2014, Juan founded Protocol Labs together with several like-minded partners. According to the official introduction, the protocol laboratory is a network protocol research, development and deployment laboratory, currently focusing on how to store, locate and transmit information. In the summer of 2014, Protocol Labs received funding from YC (Y Combinator), the top startup incubator in Silicon Valley. With YC's huge investment, Protocol Labs accelerated the development process, and many projects and protocols came out one after another: Figure: 9 major projects/protocols launched by Protocol Labs 1. IPFS In 2015, Protocol Labs launched IPFS (The InterPlanetary File System, Interplanetary File System). IPFS is a point-to-point distributed file system. It uses decentralized storage technology to divide files into multiple pieces and store them on different nodes of the IPFS network. When needed, the IPFS network will automatically "splicing". Restore the file. ApeCoin's three proposals AIP-21, 22 and AIP-7 have been voted through: According to news on May 5, according to the snapshot voting page, AIP-21, 22 and AIP-7 have been supported by 91.55%, 91.17% and 99.5% respectively rate passed. According to the previous news, ApeCoin initiated voting on three proposals AIP-21, 22 and AIP-7, which will further guide the development direction of ApeCoin DAO. AIP-21 and 22 deal with staking issues, including staking caps, staking periods, and staking scale, and AIP-7 outlines structural changes to the ApeCoin Forum to better meet the overall needs of the proposal process, governance, education, and community. [2022/5/5 2:50:38] The goal of IPFS is to create a more open, fast, and secure Internet, and bid farewell to the common lag and 404 errors of the traditional HTTP protocol. It should be noted that IPFS is not a blockchain, nor is it a project, but an underlying network transmission protocol. 2. Libp2p Libp2p is a modular network stack that makes it easier for developers to build large, robust peer-to-peer networks. At present, in addition to the Filecoin launched by Protocol Labs, many public chains use the Libp2p protocol at the bottom layer, such as Polkadot’s Substrate, EOS, Ethereum 2.0, etc. 3. The computing power of the IPLD Ethereum network reached 1PH/s this week, a record high: Jinse Finance reported that this week, the hash rate of the Ethereum network hit a record high, and statistics show that the computing power of the Ethereum network exceeded per second for the first time 1 petahash (PH/s). 1 petahash or 1,000 TH/s is much higher than the 1.51 TH/s dedicated to the Ethereum network on March 21, 2016. Since that day when the hash rate was first recorded to today’s Ethereum hash rate, it has increased by 66,125%. This means that 1,000 top-level 1.5GH/s machines are required to process the Ethereum network at the earliest. Today’s network is close to 1PH/s. If every miner uses 1.5GH/s equipment, then 1 million machines are needed today to support Ethereum network. ( [2021/12/29 8:12:04] IPLD is one of the core components of IPFS, and was later separated by Protocol Labs. IPLD can be simply understood as a structure parser, which can unify various existing data structures into one format, facilitate data exchange and interoperability between different systems, and finally realize content-zce addressing - use encrypted hash to locate content-zce . 4. Multiformats Simply put, Multiformats is a collection of protocols, the purpose of which is to create a timeless system. It allows the protocols to interoperate, maintain the flexibility of the protocol, and keep it scalable and upgradeable. 5. Testground Testground is a tool for large-scale testing, simulation, peer-to-peer and distributed systems. 6. SourceCred The goal of SourceCred is to create a decentralized protocol to evaluate people's contributions and obtain corresponding value returns. 7. ProtoSchool ProtoSchool is a community education project that teaches decentralized network protocols and tools through online tutorials and offline activities. 8. Simple understanding of Drand, Drand mainly provides random number services. Regarding the importance of random numbers, you can refer to Baihua's previous tweet "Why do DApps often encounter random number attacks?" " to understand. 9. Filecoin Filecoin is a decentralized storage protocol that encourages miners to provide storage services through FIL token rewards. Filecoin can also be regarded as the incentive layer of IPFS. The relationship between the two can be found in Baihua's previous tweet "Why is the delayed Filecoin full of expectations?" | An article that explains IPFS ". In addition to the above 9 projects/protocols listed on the official website of Protocol Labs, Juan also cooperated with AngelList founder Naval Ravikant to jointly establish CoinList. CoinList is a financing channel for initial coin offerings for accredited investors and high-quality blockchain projects. As of now, CoinList has completed financing for 15 blockchain projects, including Filecoin, DFINITY, Algorand, Nervos, NEAR, etc., with more than 20,000 participants and a financing scale of up to 800 million US dollars. Since the launch of the IPFS protocol in 2015, Juan and Protocol Labs want to create an incentive layer for IPFS to motivate users to provide storage services. In 2017, Protocol Labs launched a blockchain project called Filecoin, and successfully raised USD 257 million within one hour, breaking the financing speed and scale of blockchain projects at that time. The lineup of investment institutions participating in Filecoin financing is quite luxurious, including DCG Group (the parent company of Grayscale), Y Combinator, A16Z, Winklevoss Capital, Sequoia Capital and so on. However, despite the endorsement of many top investment institutions, the progress of the Filecoin project is not satisfactory, and the mainnet launch time has been delayed again and again, so that some people ridiculed it as the "Ace Pigeon". At the end of last year, the Filecoin team adjusted the mining algorithm. Prior to this, mining machine manufacturers had sold millions of Filecoin mining machines. The adjustment of the mining algorithm caused heavy losses to some miners who stocked up on mining machines early, and complained a lot. On the eve of the launch of the Filecoin mainnet this year, the officially announced FIL pre-staking rules were too strict, which once again attracted complaints and protests from miners. After a period of gaming, Filecoin officials finally made a compromise. On October 16, the Filecoin mainnet, which had been postponed for more than two years, was finally launched. Major trading platforms rushed to launch FIL, and the price was fired up to more than $200. However, to the surprise of many people, on the first day of the mainnet launch, the official Filecoin team actually transferred a large amount of FIL to the trading platform for market making, "maintaining the stability of the currency price in the early stage". In a speech, Juan said: The focus of Filecoin is to store data for customers. If you only want to make short-term profits but don't want to provide long-term value, you should exit now. Despite bumps and stumbling along the way, and constant rumors and gossips, the performance of the Filecoin network has been remarkable for more than a month after the mainnet went live: the effective computing power of the entire network has reached 1.16EiB, and the number of active-zce miners has reached 754. Source: Filfox Of course, the current Filecoin is still a long way from storing real data on the real To B and To C sides. The protocol laboratory under the leadership of Juan has achieved a lot, but has always adhered to the spirit of open source, open source all project codes, and contribute to other blockchain projects. In 2018, Juan was named one of the "World's 40 Under 40 Business Elites" by Fortune magazine, which shows the high praise traditional media has for this low-key serial entrepreneur..{ }


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