As a mage, I just want to pursue the truth

Chapter 57 Centralized Blockchain

There is no reason why Musk cannot think of what Luo Shu can think of, and he can get more inside information from the American government.

Although he was suspected of being Merlin, no one could touch him without evidence, not to mention that Musk had close ties with the American military.

The CIA sent agents to monitor Zheng Li and even directly invaded Kechuang Biotechnology's R&D center in Singapore. All of Kechuang Biotechnology's research materials on brain-computer connection were copied by the CIA.

This information also fell into Musk's hands. After he showed it to Neuralink, Neuralink expressed confidence that it would produce results within a year.

Musk is well aware of the value represented by Merlin or the knowledge system behind Merlin. It is not difficult for him to obtain MagicCoin, but the difficult part is how to maintain the current status in the future.

Musk believes he needs to gain enough advantages in the current era of information asymmetry.

His idea was just a fantasy, and Musk underestimated the difficulty of obtaining MagicCoin.

Not all planets with life can meet the conditions of Heber's algorithm. Only planets where intelligent life may be born can meet the conditions of Heber's algorithm.

The intelligent life here refers to life with soul. The wizard also does not know the underlying logic of Heber's algorithm and the soul. It is just that after Heber discovered it, he theoretically proved that all planets where intelligent life may be born satisfy the algorithm.

For example, about 3.8 billion years ago, only LUCA existed on Earth. LUCA is obviously not an intelligent life, but it still conforms to the Heber algorithm because intelligent life may be born on Earth in the future.

It is like humans know the existence of dark matter and have theoretically proved its existence, but cannot explain the deeper properties of dark matter.

In Zheng Li's conception, MagicCoin is the threshold, and only those who meet the requirements can gain the ability to cast spells.

There are many planets in the universe that meet the requirements, but it is very difficult to find the coordinates of such planets.

The ability here is not possessed only by astronomers. Astronomers can only infer through their knowledge or observations that certain galaxies may have life.

First of all, the existence of life in these galaxies does not mean that there is intelligent life or that intelligent life can be born. Secondly, there is a long way to go from galaxies to specific planets.

Even if you can identify the planet, you cannot determine the specific coordinates of the planet through observation. You can only further narrow the range of cosmic coordinates that conform to the Haber algorithm.

In the end, you still need to narrow the range and then use the Hubble algorithm and the Hubble constant to calculate the corresponding coordinate position.

This is more of a test of your mathematical ability, with astronomy only playing a supporting role.

Mathematics is the foundation of all sciences, and a wizard's spellcasting ability is highly correlated with his mathematical and logical abilities.

When you are unable to understand the spell model and are unable to mobilize your will to construct the spell model according to your own thinking, even a standard magic brain cannot bring out one ten-thousandth of the mage's ability.

In addition, Magic Coin does not look like a traditional blockchain because it has a centralized entity like Merlin.

But in fact, many so-called blockchain technology applications involve centralized institutions.

For example, Facebook is going to issue the Libra coin, and Facebook is the centralized institution of the Libra coin.

Even BTC has achieved decentralization on the technical level, but it has not achieved decentralization in the financial sense. It is still a virtual currency that is highly tied to the American financial system.

Including China's desire to develop digital currency, in 2019 Hong Kong and Siam launched a project called Inthanon-LionRock.

It is said to be a cross-border payment experimental project using blockchain technology and digital currency technology, but in fact it is to bypass the Swift system developed by America. In the second year, the Central Bank of China personally stepped in and announced its participation in the Multilateral Central Bank Digital Currency Bridge (m-CBDC Bridge) project, which was established based on the second phase of Inthanon-LionRock.

The m-CBDC bridge project also claims to use blockchain technology for decentralization, but the People’s Bank of China is the largest centralized institution and you cannot bypass it at all.

Therefore, it does not mean that there must be no centralized nodes when applying blockchain technology.

Although Magic Coin has a centralized individual like Merlin, as long as Merlin does not personally intervene in the normal operation of Magic Coin, it can be regarded as a decentralized blockchain virtual currency.

It’s just that Magic Coin is deeply tied to magical abilities and has unique value.

After the release of Magic Coin, all the mainstream virtual currencies on the market have been plummeting.

There is no way to stop the decline.

From the perspective of economic logic, the emergence of Magic Coin is like a water pump. As long as Merlin can come up with sufficiently attractive knowledge, he can conduct transactions through Magic Coin.

Then the funds in the market will continue to flow into Magic Coin.

Whether it is the completely different technological systems or the completely different virtual currencies, the emergence of these two has had a drastic impact on the European and American economies and the virtual currency economy.

Stock markets around the world are falling, and the declines are even more severe than during the first wave of the global outbreak.

Because of the global stock market downturn.

The China Securities Regulatory Commission has the responsibility to boost the market, so they are eager for Ke Chuang Bio to go public as soon as possible.

Ke Chuang Bio's listing process has reached the stage of review and inquiry by the Shanghai Stock Exchange.

Shenhai Stock Exchange:

We have received your "Review Inquiry Letter on the Application Documents for the Initial Public Offering and Listing of Suzhou Kechuang Biotechnology Co., Ltd. on the Science and Technology Innovation Board" (Shen Zheng Ke Shen (Review) [2021] No. 201, hereinafter referred to as the "Review Inquiry Letter").

Since Kechuang Bio was established not long ago and its equity structure is simple, there are only five institutions holding shares in addition to Zheng Li.

The product types are single, the financial report data is clear, and the China Securities Regulatory Commission urgently needs Ke Chuang Bio to go public to boost morale.

Therefore, the content of the inquiry letter from Shenhai Stock Exchange is very simple, with two main questions:
“The application of each patent used for capital contribution in the issuer’s products and technologies, the amount of revenue generated, and whether it corresponds to the issuer’s core technology; the rationality of the valuation of the patents used for capital contribution and the fairness of the share price.”

The patents here mainly focus on whether the patent valuation of the endorphin industrial synthesis route and the valuation of brain-computer connection technology are reasonable.

"Combined with Zheng Li's resume, explain the research and development process and technology sources of the patented technology used for investment, whether it involves the work achievements of Zheng Li's previous employer, and whether there are any disputes or potential disputes."

During the listing process of Ke Chuang Bio, some self-media people did combine Zheng Li's experience of publishing endorphin-related papers at Jiangcheng University and said that Jiangcheng University also had a share in the patent.

However, this statement did not cause any waves. The Shenhai Stock Exchange's inquiry here is also to give Kechuang Bio an opportunity to make a public explanation. As long as it passes the listing, no one will be able to use this as an excuse in the future.

(End of this chapter)