Blockchain developer Cheolwoo Lee (8)
Vitalik Bute came to the Bitcoin Foundation.
“Hello. Chairman.”
“Aren’t you Vitalik Bute, the developer of Ethereum? hahahahaha, long time no see.”
“How have you been?”
“Well, what do we have to do? At least it’s maintenance, but we’re working hard on marketing Bitcoin.”
The Bitcoin Foundation did nothing special.
The program was all created by a person named Satoshi Nakamoto, and maintenance was all they did.
The only thing I did was publicity and marketing. How to increase the value of Bitcoin.
“I heard that a drug dealer who was doing black trade with bitcoin was caught this time.”
“Yes, that’s right.”
“Thanks to that, Bitcoin slowly became known to the general public.”
A Philippine court arrested an international drug offender and recovered the bitcoin. But there was one problem.
How to dispose of Bitcoin right away.
The court thought a lot, and as a result, decided to put it up for auction. From that start, Bitcoin slowly began to become known to the general public.
“Yes, yes. You will find out someday. What a great technology blockchain is!”
“That’s right. This technology is an innovation and a revolution. One day, the day will come when everyone will recognize and use blockchain technology.”
“you’re right.”
“And someday, cryptocurrency will become the key currency.”
“Yes…. No one knows whether it will be in 50 years or 100 years.”
The chairman of the Bitcoin Foundation was convinced that it would become a key currency, but he saw it very late.
It was possible only when a great revolution like the French Revolution took place.
To the extent of driving out the current vested interests.
“hahahaha, it will happen someday. Democracy in the economy.”
“It’s about seeing the value of transparency. So what did you come to see?”
After continuing to praise the blockchain for a while, they finally got to the point.
“The Ethereum white paper is complete.”
“Oh, is it finally done? You’ve worked hard.”
“Don’t you see me as a competitor?”
“No way. Blockchain is open to anyone. It’s a democratic system.”
The chairman didn’t care at all.
“Yes. That’s why I want to conduct an ICO (Initial Coin Offering) with Bitcoin.”
“Ooh…… If it’s an ICO, is it a coin release?”
The disclosure of stocks to an unspecified number of people is called IPO, and the disclosure of coins to an unspecified number of people is called ICO.
Bute planned to distribute the Ethereum he was trying to create later, when the development was completed.
“Yes. That’s right. So I’m here to tell you in advance.”
“You need development money.”
“Yes. That’s right.”
“Well, we don’t mind. You can do whatever you feel comfortable with.”
“Yes. Thank you. But I came because I thought it might be polite.”
“hahahahaha, you don’t have to do that. Well, anyway, thank you.”
After that, there was a moment of silence.
“Do you have any new information about blockchain technology these days?”
Perhaps he didn’t want to get up right away, Bute continued.
“Oh, come to think of it, Dr. Lee Cheol-woo visited a few weeks ago. Did you not hear from him?”
“Dr. Lee Cheol-woo? Who made that ITE-X engine?”
“Yes. That Lee Cheol-woo is right.”
“Eh…? Why did he come to the Bitcoin Foundation?”
“He also said the same thing as Mr. Butte. He said he would create a blockchain with smart contract functions.”
“is it so……?”
Butte was bewildered by the first information he heard.
“Yes. I don’t know because there was no news after that.”
“Ummm…… isn’t Lee Cheol-woo an engine engineer? But what kind of blockchain is he making?”
“I didn’t ask that much. Since I made money with the ITE-X engine, maybe I want to invest?”
“Huh… that’s right, it bothers me.”
Bute took the name Lee Cheol-woo. Because he was a great person.
“I was an engine engineer, but how good would you be if you did it? I just did it. Don’t worry too much about it.”
“I can’t help but worry about it.”
“hahahaha, let’s move on to another topic. When is the ICO schedule?”
“It’s next month.”
“It’s fast.”
“Yes. I want to start proper development soon.”
“Then how long do you think it will take from raising funds to the first version?”
“I’m thinking about two years.”
“I see. I understand. I will be cheering you on from behind.”
As the cryptocurrency market grew, so did the Bitcoin Foundation.
* * *
“CEO Lee. The Ethereum ICO schedule is approaching the day after tomorrow. How will you deal with it?”
Not long ago, a public relations staff member dispatched from LF spoke to me.
“Um… do I really have to deal with it?”
Ethereum is Ethereum and NF is NF. Even if you don’t specifically deal with it, won’t you invest in better technology someday?
“Yes. We have to deal with it. There is something called the prophet effect. First of all, there is something that is difficult for latecomers to follow.”
“Does it feel like Bitcoin?”
“Yes, that’s right. Bitcoin doesn’t do anything, but it’s firmly established for one reason: it started in the first place.”
“Then let’s do this. The Ethereum ICO will be early in our Korean time, right?”
“Yes, it is.”
“Then the day before that, I will do an ICO first.”
“…?”
The staff didn’t seem to understand.
“I know you’re not ready. Just rent out one conference hall.”
“Yes. I see. And is there anything else to prepare?”
“Could you invite just one reporter?”
“Are you a reporter?”
“Yes. I think it would be good to let the news know that I am doing an ICO.”
In the past, it would have been impossible to call a reporter and send out the news. However, it is possible enough now that the heat of the ITE-X engine has not cooled down.
“Yes. I understand. I will prepare.”
The PR staff left, and after a while, Manager Yoon came in.
“No, CEO Lee! I just heard from the public relations staff. Suddenly, ICO? Will that happen? We haven’t even made a white paper yet, and we have nothing to show you. If you do this wrong, you could be charged with fraud.”
“Is it a scam?”
“Yes. In a sense, doing an ICO is the same as recruiting investors. But isn’t that what you’re trying to do by using CEO Lee’s public confidence without any vision, goals, or something to show to those investors?”
Chief Yoon. Sangcheol Yoon… … .
“Um, Sang-cheol hyung.”
After confirming that there was no one in the representative office where I was, I relaxed.
“why?”
“I know you’re hooked on Bitcoin, but you’ve invested in its value, right? It’s like that.”
“No…. Still, Bitcoin has a lot of nodes already in operation, and proof-of-work is being done. But NF?
It could be seen as a bit of a scam to recruit investors in a situation where there was absolutely nothing.
“Um, didn’t I tell you?”
“what?”
“Already created NF Network.”
Almost a month has passed since development started. In the meantime, I continued to build the framework of the NF network and started to develop it in detail.
As a result, I was able to complete the NF network a few days ago.
“……? What? It’s already finished?”
“Yes. First of all, proof of stake is still early, proof of work, sharding network is still difficult, single block, but smart contract system has been completed. Flyer language.”
“……? Is that possible?”
“What, what can’t you do?”
“No…… Yes, there is no problem as difficult as random number generation. But… is that possible? No, it’s not like this. I’ll have to call everyone.”
“uh.”
Sang-cheol went out for a while and called all the people in the technology-related positions.
“No, CEO. What do you mean? It’s already been completed?”
First, team leader Jo spoke up.
From noble mtl dot com
“Yes. It is exactly what I heard from Manager Yoon. The NF blockchain network equipped with the smart contract system Flyer language has been completed. I even created a genesis block and am currently mining it with my personal computer.”
“No…we are now understanding how difficult random number generation is…”
Chief Yoon said.
“Uh, I understand the block chain now. I… didn’t you originally request a dispatch to participate in the development?”
Assistant Manager Park said with a puzzled expression.
“Wow, really… I’ve been thinking about it for a while, but it’s crazy fast.”
This time Changsu said.
“… Crazy, really. It’s too fast. It’s not like there’s an error, right?”
“It can’t be.”
“Then Ethereum is conducting an ICO right now.”
“yes.”
“Ethereum now has to proceed with an ICO, raise funds, find a developer, and develop, but what the hell is it? Didn’t CEO Lee skip all of that and complete the development right away?”
“Well, that’s it.”
“……. Ethereum hasn’t even started developing yet, but it’s already been created.”
“Yes. Let’s go public right away. ICO.”
“What do you think of the amount? Are you thinking of issuing NF with Bitcoin?”
“No, we open but we don’t sell.”
“What is it?”
“What if my plans for that part come out… (omitted)…”
ICOs are sensitive when it comes to money. I could have thought it was a scam like anyone else.
So, after sufficiently discussing with Minseok, we came up with a plan.
I was planning to show it at the conference a few days later.
“Such a deep meaning. I understand. I will prepare.”
* * *
「Lee Cheol-woo, who created the ITE-X engine. This time, we are holding a conference to introduce a new blockchain network system, NF.”
“What is NF?”
「What kind of technology is blockchain?」
「Bitcoin made with block chain technology. I was shocked to be able to trade online.”
「A demon master who traded with bitcoin. Cheol-Woo Lee’s Bitcoin Tracking Algorithm Decisive Claw.”
「Many computer engineers enter Korea.」
The day before, I explained to the reporter what NF was and asked for an article.
Obviously, I gave it alone to one machine, but somehow, it was decorating the front page of all news, whether over the air or terrestrial.
It seemed that my public confidence was greater than I thought.
“Are the preparations going well with the rental hall?”
“All preparations are perfect. Just that day, one of the halls of the Baekje Hotel was empty.”
the publicity staff said.
“Okay. Proceed without a hitch.”
And a few days later, the conference was held as planned. Numerous computer programmers, scientists and entrepreneurs participated.
Among them was Vitalik Bute, whom I had only seen in pictures.
‘Well, did Butte come too? The very next day is Ethereum ICO, isn’t it busy?’
I thought about that for a while, but I didn’t pay attention. After all, Ethereum is Ethereum, and NF is NF.
The hall was full in an instant, and I went up on stage.
The scale of the previously announced expo was so large, and I wasn’t too nervous, perhaps thanks to my experience at that time.
-hello. This is Lee Cheol-woo. In the meantime, I think everyone has been curious about my current situation. I was introduced to the new technology, blockchain, and saw the potential for it.
The audience listened to my presentation.
-NF created with blockchain technology. Meet the NetworkFuel Blockchain.