How is the domestic blockchain industry? Is there any knowledgeable person who can tell me?

Domestic blockchain development still has to go through several ups and downs.

The current status of domestic blockchain

1. At present, most people entering the blockchain industry in China are financial people. If domestic people are interested in finance, please refer to the A-shares in October 2023;

2. Due to the sanctions imposed by the United States, domestic technology companies are currently transforming into technology development companies. For mobile phones, please refer to Huawei. For recent news, please refer to the graphics card sanctions list. Therefore, in some fields of science and technology, countries do not have spare money to engage in blockchain. Getting rid of the beautiful country’s technological dominance as soon as possible is the main strategy in the field of science and technology, and the secondary one is blockchain. Although the two are strategically carried out at the same time, we can see with the naked eye the rapid development of domestic hardware in recent years. On the other hand, DCEP has been promoted for several years and has not made any big moves;

3. Blockchain is still decentralized. There are relevant departments in China that are developing and researching blockchain. However, it is impossible to allow a large number of domestic companies to go on-chain and chain up until the relevant departments cannot fully control the blockchain.

For the host

Judging from the poster's statement, he should be a college student. If he graduates in the past two or three years, he will be in the very early stage of the development of blockchain in China. If you look at employment, it is best to join a state-owned enterprise to develop and research blockchain. You will become a second-level veteran. Yes, because the first-level veteran is currently studying DCEP.

It is not recommended if you are starting a business or working in a private company.

First of all, if you start a business, people in this circle are very repulsive to blockchain projects made by Chinese people. Most of the people who make money in China, except CX, are made by domestic people playing foreign projects. There are exceptions, such as Lao Lu’s CKB, but Lao Lu also came from Imtoken’s foreign Ethereum community, not domestic.

Secondly, if you work in domestic private companies, developers will not stay in a blockchain company for a long time. Basically, they will change companies in a few months, which is very unstable, but very profitable. If you know the RUST language, those with high annual salaries may have an annual salary of one million. If you want to be a little more stable, domestic blockchain private companies are generally foundations, which means that financial personnel will serve for a long time, rather than technical personnel.