Blockchain developer Cheolwoo Lee (6)
Vitalik Bute.
He first heard about Bitcoin in early 2011 when he was a high school student.
Thousands of people with computers were excited about the idea of creating an entirely new financial system without any knowledge or reliance on existing institutions or intermediaries.
So he was crazy about Bitcoin and thought he should seriously explore it.
Having exceptional programming skills from a young age, he continued his research and exploration of blockchain and bitcoin.
As a result.
I came up with the idea of creating a multi-purpose, built-in programming language that is not just a function of currency.
That was the smart contract function.
As soon as he came up with the idea, he talked about the idea with several developers he had built up friendships with through existing Bitcoin-related community activities.
Thinking it was a ‘once-in-a-lifetime opportunity’, he dropped out of college and decided to create a blockchain system called Ethereum.
And now he is the chairman of the Ethereum Foundation.
Ethereum’s ICO (Initial Coin Offering) was not yet ready and was suffering from development funding difficulties.
Even if he had a good idea, he didn’t notice it.
“Dr. Johnson. How is the Ethereum white paper going?”
Ethereum, in order to properly publicize it, they were working on a document called ‘Ethereum White Paper’.
To show in documents, not in words.
The Ethereum white paper contained the vision of the Shard Network and Ethereum, including details of the smart contract system.
“This is the final stage. It will be completed after minor corrections.”
“Okay. There won’t be any disruption to the ICO schedule, right?”
“Yes. It is proceeding without a hitch.”
While releasing the white paper, they planned to raise initial development funds by conducting an ICO (Initial Coin Offering).
When it comes to serious development, many developers simply don’t work with passion.
“Good. Very good. Looking forward to it. ICO.”
“Yes. Finally, this is our chance to introduce Ethereum to the world. But is this the right development plan?”
While working on the white paper, Dr. Johnson had a question and asked Vitalik.
“What development plan?”
“Hmm…. I understand that the smart contract function is progressing from the initial version 1, but doesn’t it take a little bit of time until version 2? 2020?”
now in 2014. Ethereum 2 version has about 6 more years left.
“There will be a lot of changes in version 2. A shard network will be introduced, and proof-of-work will change to proof-of-stake. Not only that. A new virtual machine (eWASM) will be introduced. In fact, 2020 may be tight. “
I didn’t know if the current smart contract system would be created properly… … . Shard Network, Proof of Stake, eWASM. Nothing was easy.
“Well, I guess that’s true. Shard network…. Even with that, it’s only a theory at the moment, and I don’t know if I can actually build it or not.”
The ultimate goal of Ethereum is a deep app (DApp) running on top of the eWASM system. It is a decentralized distributed application.
Of course, applications, or programs, eat up a lot of resources, and multi-block technology is needed to cover those resources. Because it was practically impossible to cover that resource only in the main block.
“Still, if you continue your research, you will come to an answer. In fact, 2020 was also tight. The vision is written that way, but in reality, you will only know it if you continue to research it.”
“Yes. Theory and reality are different.”
“Anyway, please finish the white paper quickly so that we can proceed with the ICO and raise funds.”
“all right.”
* * *
I went to the Bitcoin Foundation in the US for a while and returned to Interpol again.
“Cheolwoo~! Did you have a good trip? Such a blessing.”
Manager Jo welcomed me back with a warm heart.
“hahahaha, I didn’t get the results I wanted, but I learned a lot.”
“It’s a little disappointing that we didn’t get the results we wanted.”
“It’s okay. They have their own thoughts, and I have mine. It’s just that there are people who have the same thoughts as me.”
“Same idea?”
“Yes. They say they are making a blockchain with a smart contract system. Was it Vitalik Bute? They said they are making something called Ethereum.”
“Really? Well, after all, is that what people think of?”
Manager Cho was not interested in investment, but he was interested in blockchain technology itself. After all, computer encryption technology is inseparable from security.
“It could be.”
“Then what will happen? Cheol-woo, will you go there and help?”
“Eh, why me?”
“hahahaha, is that so? Now Cheol-woo is famous.”
“hahahahaha…. There’s no such thing.”
“Um, so here’s Interpol? Are you quitting now? Because you have something you want to do?”
“Yes. I think it will. I’m sorry I haven’t been in a while.”
“No, no, thanks to you, you arrested the troublemakers. If there is a BS algorithm, you can stop all money laundering with Bitcoin. Even that alone is where it is.”
Manager Joe waved his hand and said.
Well, I didn’t intend to stay long from the beginning.
“Um…so that’s what I’m talking about. There’s something I’d like to ask.”
“What?”
“Chief Jo and Sang-cheol hyung. Where the hell are they? They’re always dispatched.”
I was suddenly curious.
In particular, Chief Cho was also dispatched to the Cyber Command. After being dispatched there, it was Interpol this time, isn’t it a bit suspicious?
As far as I know, I’ve heard of KISA, right?
“Uh… well…”
“why?”
“Sorry, I belong to the Korea Internet & Security Agency. And it’s the secret handling department there. I can’t tell you.”
“Aha, something makes sense.”
As expected, it seemed to be a group of experts in various cyber security or hacking fields.
“Why is that? Suddenly curious?”
“No. Chief Joe. You always tried to scout me, didn’t you?”
“It did.”
“Um…. Now I think I have to take that back. Manager Jo. Sang-cheol hyung. Do you have any plans to join the blockchain development foundation I’m making?”
They are security experts.
Even if I develop it, I will show outstanding performance in the security field.
“…… Blockchain Development Foundation?”
“Yes. Rather than making it myself, I’m going to prepare properly. I’ll give you a double of my current salary.”
I had enough money.
“Hmm… money is money, but do you have an ultimate goal?”
“I’m curious too.”
Sang-cheol hyung, who was listening with Manager Cho, wasn’t just a person who was driven by money. It felt like I had some beliefs or values.
presenting a vision.
That’s what you have to do to become a proud and confident representative in the future.
I thought maybe one of the reasons why I feel burdened to go to work while being a co-representative of LF is one of them.
I hadn’t even presented the vision of LF yet.
“Vision…. I will try to innovate the copyright with the blockchain I created.”
I thought a lot on the return flight.
What I ultimately want to do with this. What was interesting and what could you do with it?
copyright innovation.
That was the conclusion.
“A copyright innovation?”
“Yes. A lot of people don’t comply with copyright properly. Especially in China, it’s huge. Qianqian Temple is trying a lot of copyright compliance campaigns, but the effect is negligible.”
Since Jeong Ho-nam took the position of the executive director of Chenchensa, Chenchensa has been complying with copyright and has done a lot of campaigns.
But, is it okay? The effect was only marginal.
Well, there were many people not only in China but also in Korea who did not abide by copyright. Probably, how many people are using Windows or Word as genuine products?
though it keeps getting better.
Illegal downloads have been a constant problem.
“Of course it is.”
“However, if you make a deep app on a blockchain, you have no choice but to comply with copyright unconditionally. Whether it is using the program or receiving a video transmission fee. In any sense.”
Little by little the idea began to take shape.
Numerous deep apps that run on blockchain have no choice but to comply with copyright unconditionally. will make it so
“Is that…? Is it possible?”
Manager Joe asked.
“In what sense are you asking if it’s possible?”
“Literally, you can illegally download a program. Can you stop that? No, not only that, but how about books and pictures? You can read and transcribe the text, and you can leave the picture with a camera. Is it possible? No. …. I can’t think of anything.”
“I’ve thought about it a lot too. But it seems possible. Especially the moment the application program is made into a deep app and uploaded to the shard network!”
Books or pictures and videos may be difficult. Because there was a fundamental problem.
but… … .
“Moment?”
“Yes. As soon as all apps go on a blockchain network, everything will change.”
“I didn’t understand.”
“Do you have the firmware for the television?”
“Yes.”
There is firmware on the television that changes channels, adjusts volume, and transmits images. It is not just a video transmission system.
In addition, there are many Internet-only TVs called IPTV these days.
“What if that firmware also goes on the blockchain?”
“……? Even the TV’s firmware is uploaded to the block chain?”
“Yes. Then, of course, the video transmitted on the television must be a video that is licensed in the blockchain. That means compliance with copyright.”
“…”
“…”
Sang-cheol hyung and manager Jo were at a loss for words at the same time.
“That is the ultimate reason I created the blockchain. However, it will take a long time to do so. So, my goal right now is to build a deep app. And I will upload my CAK and TSS to run on top of the deep app. and the royalties for TSS.”
“……is that possible?”
“Huh… is that okay?”
I continued to explain, but Manager Jo and Sang-cheol still couldn’t believe it.
“Hmm…. To be honest, it wouldn’t have been possible before the development of the previous ITE-X engine.
Blockchain was not commercialized just because of its technological prowess.
A democratic system, it had to draw sympathy from many people, and it had to be trusted. Because it was a verification system by the majority.
Previously, I had no public confidence.
But what if now?
I created the ITE-X engine, and millions of people around the world know me as a great developer.
A quote by Andy Warhol told by Minseok.
‘Once you become famous. Then people will clap for you when you poop.’
I’m famous, and they’ll applaud me when I sh*t.
They would applaud me even if I pooped, but no matter how much I thought about it, this wasn’t poop.
It was a copyright innovation.
“…… What are you going to do, Manager Joe?”
“hmm…….”
The two of them exchanged glances, perhaps feeling my sincerity.
From noble mtl dot com
“To do that, we need two people. We need security experts like you to build a blockchain made up of cryptographic chunks.”
Blockchain is a cryptographic technology. Computer encryption technology had a lot of correlation with security, and that statement was in line with the words that Manager Cho and Sang-cheol were experts in encryption technology.
How many security experts in Korea understand blockchain technology?
Manager Jo and Sang-cheol hyung were indispensable.
“Let’s usher in a new era of copyright.”
When I said that, the two exchanged glances once more and nodded at the same time.
“Okay. I’ll trust you.”
“Cheolwoo, I believe.”