Introduction to Web3 | Which of the 'Four Major Public Chains' in our country do you favor?

Stablecoins are becoming a new strategic track for major global economies. The United States, the European Union, Hong Kong, and other regions are competing to introduce regulatory frameworks to seize the initiative. However, the issuance of any stablecoin relies on a key underlying infrastructure - public chains. Today, let's take a look at the four major public chains in our country and their differences.

1. Blockchain Service Network (BSN): Jointly initiated by multiple organizations, it is a cross-platform public infrastructure with strong compatibility that can reduce the development and deployment costs of blockchain applications and widely adapt to common scenarios across various industries.

2. 'Spark·Chain Network': Led by the China Academy of Information and Communications Technology, focusing on fields such as identification resolution and the Internet of Things, it builds a distributed trust system to facilitate trusted interactions and data sharing among IoT devices, emphasizing the construction of new infrastructure.

3. Chang'an Chain (ChainMaker): A self-controllable technology system that serves industries in Beijing and across the country, promoting digitalization in various fields such as government affairs and finance, emphasizing independent innovation and industry adaptation to meet complex business demands.

4. Shutu Chain (Conflux): Led by the team of Yao Qizhi, it achieves high performance through the Tree-Graph consensus algorithm, pursues commercial implementation of public chains, explores large-scale applications in compliant scenarios, and highlights technological breakthroughs and scenario expansion.

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Who do you favor? Feel free to discuss in the comments.