In the internet realm, code underpins a variety of products and services across platforms. Programmers play an important role at this point. It would not be wrong to say that programmers are indispensable for the current Internet world.
Today’s Web3 is considered the next generation of the Internet and is fundamentally different from Web1 and Web2. Web1 and Web2 create platforms and infrastructure for users with surprisingly zero control and limited options. Similarly, programmers have no control over it and can only generate code as required by the service provider.
Web3 is designed to make a difference. Based on core technologies such as blockchain, Web3 builds a new domain of open collaboration and privacy protection driven by users and programmers. Programmers may choose to be a developer in the Web3 world and participate in a Web3 project so they can truly gain control. For programmers who have previously dealt with the Web2 industry, the Web3 world is full of obstacles and challenges, but also offers rich opportunities.
In the traditional Internet world, programmers typically follow a centralized, offline working model, and many have to endure long working hours. Web3 gave them the opportunity to change the way they work. Instead of spending a lot of time commuting, they can work in a more relaxed and flexible environment. Elvin, a programmer at global crypto exchange CoinEx, once said that Web3 gives him greater business flexibility and also highly appreciates Web3’s openness, collaboration and privacy. For many programmers, Web3 represents both an opportunity and an important milestone.
CoinEx, a renowned crypto trading exchange, has been at the forefront of adopting and promoting Web3. In 2016, Haipo Yang, formerly a programmer and now the founder of CoinEx, resigned from a Web2 giant for the crypto world. He completed all the code of ViaBTC Pool by himself and made it available for use in two days. For Haipo Yang, code is a weapon he uses to explore the crypto world, but also the law in his eyes.
Market order is important, according to Haipo Yang, but the methods used to establish this order differ between the traditional financial market and the crypto market. The first relies on regulations to maintain order. Due to the lack of transparency in information, a large number of intermediaries are needed to verify information and ensure smooth transactions through legal regulations. In contrast, the crypto market enforces order through code. Code acts as law and many projects and applications have open source code. Data on the blockchain has higher transparency compared to data in the traditional financial industry. Therefore, the crypto market, built on consensus protocols and smart contracts, requires no regulation and cannot be regulated.
However, a more reliable, transparent, free and open trading environment can be created.
The crypto industry offers a decentralized, open and transparent financial market where everyone is free and equal. Web3 could take power and control away from big tech companies and give it back to individual users. All users have control over their own crypto assets. CoinEx shares a similar vision with Web3, which aims to break the shackles of traditional finance, serve as an easy gateway to the world of crypto for global users, and enable more people to capture the opportunities and wealth that crypto finance brings.
“Code changes the world.” It’s more of a dream come true for programmers, including Haipo Yang. In the crypto world, code is more than a set of symbols. It functions as a law that helps make the world a more mature and beautiful place. This is especially true for the Web3 world.
About CoinEx
Founded in 2017, CoinEx is a global cryptocurrency exchange dedicated to facilitating transactions. The platform offers a range of services, including spot, margin and futures, swaps, automated market maker (AMM) and financial management services to over 5 million users in over 200 countries and territories. Originally founded with the intention of creating an equal and respectful cryptocurrency environment, CoinEx is dedicated to breaking down traditional finance barriers by providing easy-to-use products and services to make cryptocurrency transactions accessible to everyone.
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