Title: "The Secret Chainbase Master Plan"

Introduction

Chainbase is an open Web3 data infrastructure for accessing, organizing, and analyzing on-chain data at a large scale. This article is reprinted from the Chainbase official blog, written by Mogu, a senior hacker and founder of Chainbase, and organized by BlockBeats. (For more information, please read the original article)

In the nearly two years since the founding of Chainbase, Mogu, from the perspective of a cryptocurrency entrepreneur, has deconstructed the past, present, and future of Chainbase, and summarized its strategic planning and industry insights.

The following is the original article

We believe that the future world will be on-chain, where every individual and organization will rely on blockchain.

This belief stems from the unique nature of blockchain: it is a world computer open to everyone for access and use, yet owned by no one. More importantly, blockchain is the world's first default public and continuously expanding global data network.

In the past, internet data has always been a closed and scarce resource, limited to organizations and specific individuals with data monopolies for access and utilization. However, blockchain technology has broken this limitation, providing a new value system based on public, shared, and immutable data and infrastructure. This is not only a paradigm shift in data and computation but also an expansion of the entire internet.

With this technology, existing native internet protocol layers are continuously upgraded, allowing anyone globally to directly build and exchange value. This transformation has unleashed a new trillion-dollar market, endowing the internet with unprecedented vitality and energy.

Looking back at the several media transformations of information and data in computer science:

• On paper: inefficient, limited, insecure
• On disk: what you care about stays on local disks
• On cloud: what is collected, controlled, and utilized is stored in the cloud
• On chain: what is important to everyone will be placed on the chain

Onchain is not just a technical term; it will be another form of online. Next, data will become more democratic and exist on a larger scale under the impetus of AI.

This poses a challenge: how do we redesign encryption to build a truly open and sustainable data infrastructure to accelerate human progress more broadly? This is the mission of Chainbase. We are committed to making encrypted data easy to use and beneficial, continuously assisting the most creative individuals of this era in realizing their ideas.

To achieve this goal, the plan will be divided into four phases:

Phase 1: Build the open data platform

In this phase, we will build an open, fast, and stable data platform based on the real needs of industry users, mainly engineers, data scientists, and analysts. The concept of openness will be integrated into the entire product design, allowing people to maximize centralized access, processing, analysis, and artificial intelligence of encrypted data.

This is our core business. We will work closely with users to refine the product, gaining insights, brand image, and industry influence through continuously expanding the user base. Profit is not the key in this phase; almost all new technologies initially have high costs, and it is only after reaching the tipping point of economies of scale that they gradually balance and establish corresponding barriers.

Phase 2: Build a trust-less, sustainable data model network

Open transparency, trustlessness, and sustainable operation are the core of blockchain. We will apply this to the parsing, modeling, and description system of data set models. In this phase, we will build a data model network. By standardizing the data interpretation layer in the encryption field (from raw data to decoding contracts and abstract business layers) as much as possible through a set of protocol standards, we will maximize the richness and quality of data sets. With the participation of people, the entire system will operate at a faster pace, ultimately ensuring that the processes (knowledge) behind all data sets are open, transparent, composable, and not controlled by centralized will.

Phase 3: Build data-based, mass-market apps through investments or acquisitions

Data can truly unleash its value only in specific application scenarios. Cryptocurrency applications have been criticized in the past for various reasons. Therefore, in this phase, we will build a series of data value-driven, mass-market applications and tools through investment, acquisition, or incubation. These applications will not only drive the iteration and widespread use cases of the Chainbase platform but also provide global users with more practical tools, entertainment, and services, aiming to significantly lower the barriers to entry so that hundreds of millions of ordinary users can participate.

Phase 4: Driving 10M people to build on blockchain for mass builds

In the final phase, our vision is to inspire global creativity and drive at least 10 million people to participate in building. We aim to attract not only developers but also product managers, data scientists, and various other professionals, fostering unprecedented innovation through multidisciplinary collaboration.

These scenarios and domains may include but are not limited to: identity systems, computing storage, social, gaming, advertising, RWA, efficiency tools, etc. Just imagine, in these innovations, the next Google, Twitter, Meta, Netflix, Uber, and more may emerge, and we are very excited about this! Because it means that in the future, their existence will directly or indirectly change the world and have a huge impact on humanity.

Conclusion

Like this industry, we are still in the early stages, and the new data revolution has just begun. Ideally, we need more than five years to go through these phases.

Furthermore, we are not just building a platform or solving a problem. Our goal is to activate an entirely new creative ecosystem. Finally, if Chainbase "succeeds" in stages, it means that even developers who have just come into contact with blockchain, or even non-technical ordinary users, can easily use on-chain data for valuable innovation. Use cases will appear in the tens of thousands, and encryption will be ubiquitous. People will no longer need to waste time on repetitive tasks such as decrypting data, building systems, and ensuring stable operation. This world will become incredibly simple!

Tl;DR

In short, our overall plan is to:

• Invent a product to solve the difficulty of using encrypted data
• Drive a network to unify the data interpretation layer
• Improve the product with earned money and participate in user-oriented applications through investment or acquisition
• While doing the above, maintain the spirit of encryption

Note: "Open" is not only one of our core value propositions but also our guide to action. This is why we have openly disclosed our "internal" strategic plan on the internet without reservation.

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