From Physics to Blockchain: Jack Ding's Journey to Building Secure & Fast DomiChain

Colors of Web3 & Entrepreneurship

In this 42th episode of Colors of Web3 and Entrepreneurship, Lam interviews Jack Ding, the founder and CEO of DomiChain. Jack shares his incredible journey from studying physics at Tsinghua University to becoming a blockchain innovator. Jack's story is a testament to the power of interdisciplinary knowledge. He discusses his transition from MRI research to distributed systems development, and how his diverse background in physics, computer science, and finance led him to create DomiChain, a high-speed blockchain solution aimed at solving scalability issues in Web3 applications. Listeners will gain insights into the evolution of distributed systems, from NASDAQ's market surveillance software to modern blockchain technology. This episode is a must-watch for anyone interested in the intersection of science, technology, and entrepreneurship in the Web3 space. ⌛ Timestamps: 00:00:00 Episode trailer 00:00:19 Introduction to the show and Jack Ding - CEO of DomiChain 00:05:23 His time working at NASDAQ building distributed systems 00:08:10 His time at webMethods, an early adopter of Software as a Service (SaaS) 00:13:00 His time as an entrepreneur building smartphone applications in China in early 2000s 00:16:40 His work at Fannie Mae and World Bank 00:18:10 Discovering Bitcoin and the potential of blockchain 00:21:14 He came up with the idea of combining Proof of History with Practical Byzantine Fault Tolerant 00:25:58 Introducing DomiChain: a solution to the blockchain trilemma 00:30:32 Enhancing network security with AI 00:34:39 Leveraging Bitcoin's proof of work for added security 00:38:15 Utilizing both core nodes and AI nodes to secure the blockchain 00:40:06 Increasing throughput with fast byzantine agreement and proof of history 00:42:17 Fast and efficient smart contract execution with WASM virtual machine 00:43:27 Comparison of Solana and DomiChain 00:45:35 Domi as Bitcoin Layer 2 and DEPIN applications on Domi 00:47:51 SocialFi and Domi Ecosystem 00:55:04 Tokenomics of DomiChain 00:59:14 The team behind DomiChain 01:01:51 Challenges facing DomiChain 01:04:52 Jack's thought on where Web3 is heading and how blockchain will impact the world 01:08:25 Advice for entrepreneurs that want to build a Web3 company stems 01:12:03 Where to follow Jack and DomiChain 01:13:36 Episode outro and next episode preview Follow Jack and his company: DomiChain Twitter/X: https://x.com/DomiChain Jack's LinkedIn: https://www.linkedin.com/in/jack-ding-2961591/ DomiChain website: https://www.dominochain.com/ My social media: Twitter/X: ⁠https://www.twitter.com/LamWeb3⁠ LinkedIn: ⁠https://www.linkedin.com/in/lamweb3/⁠ Website: ⁠https://lamtrinh.xyz⁠ My latest article: https://lamweb3.substack.com/p/the-importance-of-decentralized-science If you enjoy this episode, please subscribe to stay updated on our upcoming episodes with industry experts and innovators in the Web3 and Entrepreneurship spaces. Thank you for listening!