• “Machine of Trust” – Blockchain

    Blockchain is a combination of “block” and “chain”, which is essentially a distributed ledger. So, how is this account book kept and how does it work? Let us illustrate with an analogy. In the beginning, one person stood out from a group of people and took a blank piece of paper to keep accounts. The system rewarded this person with a certain amount of rewards (such as 50 bitcoins). After finishing the account, generate an anti-counterfeiting code through the encryption algorithm on this page of the bill, and copy the…