The Journey of Daniel Wang: Loopring, Taiko, and More

Daniel Wang moved from Loopring to Taiko Labs with the goal of improving Ethereum’s Layer 2 scalability using zero-knowledge proof technology. In 2023, his surprising transfer of 100 million LRC raised questions about possible new initiatives or strategic shifts in blockchain innovation. Although not initially a successful blockchain entrepreneur, Daniel Wang’s career has featured important advancements across various technology sectors. Originating from Pudongxin, Shanghai, he cultivated a deep interest in technology from a young age. His path to working at various renowned technology firms was significantly shaped by his further education at Arizona State University and the University of Science and Technology of China. After graduating, Wang started his professional journey at Google as a senior software engineer in Mountain View, where he acquired expertise in large-scale technology systems. He later advanced to JD.com, taking on the role of senior director of engineering, where he managed one of China’s largest e-commerce platforms. This experience enhanced his understanding of technological efficiency and decentralized systems. However, he still sensed that something was missing. Despite holding a strategic position in a large corporation, Wang believed that greater challenges awaited him beyond its confines. Daniel Wang: Transitioning from Coinport to Loopring. In 2014, Wang decided to step outside his usual boundaries and explore the realm of cryptocurrency. He launched the cryptocurrency exchange platform Coinport. Unfortunately, the project did not go as expected. Various technical challenges and the emerging market led him to shut down the platform. However, this development was not catastrophic.