Last night, a phrase from Master Bao, 'ocean fishing,' caused a cold sweat for many in the crypto circle.
"Old friends around, tens of billions of dollars, after half a year of tossing, the person just came out..."
Although not named, everyone's speculation points to the same name: the man who once held 70% of the global hash power.
This is not just a rumor about a big shot. This is the final chapter of a ten-year power game—about the rise and fall of centralized empires.
The story begins with the two beliefs about Bitcoin:
One called Wu Jihan, who believes Bitcoin will change the world order;
There is a group called the Jankuan, believing that computing power is everything.
When two people meet, Bitmain is born, and the mining machine empire monopolizes the globe.
But the cracks began on the day they succeeded.
In 2017, Bitcoin forked. Wu wants to go all in on BCH, while Zhan wants to focus on selling mining machines.
The rationality of the engineer vs the faith of the evangelist, in the same company, two completely opposite paths.
When the civil war broke out, the scene was comparable to a business war movie:
Suddenly dismissed, seizing the official seal, changing the legal person, two teams operating simultaneously…
The giants that once defined the industry have exhausted their vitality in endless internal strife.
And today, as we look back at all this, a question arises:
If even the centralized giants controlling global computing power can be so fragile, what should we really trust?
This is the question that Decentralized USD really wants to answer.
The story of Bitmain is essentially a textbook case about the risks of centralized power: when wealth, computing power, and decision-making are concentrated in the hands of a few, whether it's a route dispute, internal struggle, or external risk, the whole system can be shaken instantly.
And Decentralized USD represents another path:
No single controller, no centralized board, no game rules that can be changed by one person.
Value is not determined by a company's chip production capacity, but protected by a transparent, open-source, globally distributed consensus mechanism.
While the traditional world is still fighting over 'who calls the shots', a decentralized value network is establishing a new order:
Every transaction is traceable
Every rule is determined by code
Every stability is supported by global consensus
Just like #USDD以稳见信 practices - true stability does not come from the promise of some big shot, but from a 100% transparent reserve mechanism and on-chain verifiable credit.
Ten years ago, computing power was in the hands of Bitmain.
Ten years later, value lies in code and consensus.
The era of the big shots is coming to an end,
and the new world built on mathematics and transparent rules is just beginning.
Your assets, will you choose to trust people or trust mathematics?
