Babbitt's live report, November 8th, #2019 World Blockchain Conference·Wuzhen # officially opened at Wuzhen Internet International Convention and Exhibition Center. In this afternoon's "Digital Assets: Birth, Deduction and Evolution" theme forum, Zhang Li, vice president of Jianan Zhizhi, said that POW can be compared to four words: distribution according to work. POS is somewhat similar to the allocation of resources. I don't think POW is the best, POS is not good, but from a philosophical or socioeconomic point of view, the social result of resource allocation in general is stratification, any slave society and feudal society you see. All societies will be subverted after the class solidifies. I can see the future, I don’t think POS is good, but going down for a long time is the result, this will happen. I don't think that POW is the ultimate choice of the world. Everyone has only ten years of history in the blockchain industry. We have seen many new technical directions. I think the future is not just POW+POS, there are many new ways of consensus. As for our company's problems, we are the operator of the computing power. What is more important is the bottom line of "computing power is power". It does not care that it must be POW, or POS. We believe that the future of POW, POS, AI+Fabric has a very bright future, but the combination of the two, because the basis of computing power is not enough, many applications have not appeared, what we need to do is always in the direction of computing power Go forward and go until AI+Blockchain has innovation.