The Foundation of a Scientist: A Conversation with Conflux Founder Long Fan

Professor Long Fan, the founder of Conflux Network, recently attended a digital finance development conference in Hong Kong. As a Tsinghua University graduate, MIT PhD, and University of Toronto professor, Long Fan has been deeply involved in the blockchain field for many years, leading the Conflux team in technology exploration and global expansion.

How does Conflux maintain its technical focus in the face of the rapid changes in the current blockchain industry? As a compliant public chain project, what kind of long-term thinking is behind Conflux? In this rare interview, Professor Long Fan shares his entrepreneurial journey, independent judgment on industry trends, and advice for young developers.

Entrepreneurial Original Intent and Technological Foundation

Professor Long Fan stated that he is primarily a computer science researcher. Whether founding Conflux or teaching at the university, it is an extension of his identity as a scientist.

Regarding Conflux's positioning, Professor Long Fan stated: "What Conflux is doing is insisting on becoming a high-performance public chain based in Asia, hoping to become an important infrastructure in the Web 3.0 era. This has always been the direction we adhere to."

Technically, Conflux's advantage lies in achieving high performance without sacrificing decentralization and security. The network supports 3000-6000 TPS, has fast confirmation times, and has maintained zero security incidents since the mainnet went live.

Long-term belief in compliant development

Conflux has become the only compliant public chain in China, which is the result of the team's long-term persistence. Professor Long Fan stated that many teams choose to abandon compliance for short-term considerations, while Conflux is willing to bear the high compliance costs, believing that this is valuable in the long run.

"We always believe that when it comes to compliance, it is not completely impossible to communicate with regulators. We are willing to try to communicate and explore what can be done," said Professor Long Fan.

Regarding the layout of Hong Kong, Professor Long Fan believes that Hong Kong currently plays the role of a "special zone" for blockchain and is an important policy window period. The relatively open policy environment in Hong Kong reduces compliance costs and provides significant opportunities for blockchain projects.

Judgment on Industry Trends

When it comes to hot topics like RWA and Memecoin, Professor Longfan believes that RWA represents a meaningful progress in the industry's continuous optimization of its development path in overcoming regulatory barriers. Memecoin, on the other hand, reflects humanity's primal need for risk and stimulation, akin to a form of gambling in the crypto era.

In the face of the rapid switching of market hotspots, Conflux chooses to adhere to its established technology and strategic path, rather than blindly chasing short-term trends. Professor Long Fan stated: "What we are promoting often has a slower pace and requires long-term efforts. But we believe that there are opportunities in this direction, and its value is solid and clear in the long run."

Suggestions for Developers

For developers looking to enter the Web 3.0 space, Professor Longfan suggests choosing different paths based on individual and team circumstances:

First is to chase short-term opportunities, quickly iterate and experiment, mainly looking for opportunities at the application layer. This requires strong execution ability and the capacity to adapt to a fast-paced environment.

Second, choose a direction that can be invested in for the long term, whether it is infrastructure or niche applications. This requires a true belief in long-termism, the ability to resist short-term temptations, and to continuously invest resources.

Professor Long Fan emphasized that Conflux is more inclined to support projects that are willing to engage deeply and have long-term plans, rather than short-term "migratory" developers. He stated: "We hope to establish solid cooperation with teams that are truly willing to land and invest, and work together to promote the common growth of the ecosystem."