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$GT The mining machine dream shattered, but it opened another door
#Gate13th Anniversary
Many people don't know, the starting point of Gate was not an exchange. Dr. Han Lin's initial idea was to make mining machines. In 2013, he bought a batch of Avalon chips and tried to design mining hardware. The chip industry was too heavy — supply chain bottlenecks, long production cycles, high uncertainty. The money invested could be lost at any moment.
He sat in the lab thinking for a long time. Making mining machines is essentially a game with the physical world; creating a trading platform, all processes can be handled with code — lightweight assets, controllable by oneself. A photonics PhD ultimately chose the virtual digital world. Looking back now, this decision changed the entire industry landscape.
$GT
From the shattered mining machine dream to the birth of an exchange, Han Lin only took a few months. He said, he started the exchange because he found the existing trading platforms were too difficult to use — slow, lagging, unsafe. He wanted to create a fast, stable, trustworthy one. Thirteen years later, Gate's trading system processes hundreds of thousands of orders per second, while the forum where Dr. Han was scammed back then is long gone. Time favors those who make the right choices.
#Gate13周年