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Translated by Tal Kol by Freecodecamp
A stable, fair, efficient and decentralized consensus system is essential. In other words, issue some blockchain currency and enter modern society in one step.
The story begins
They decided to launch an entirely new currency, the IslandCoin, to save the local economy from collapse.
In the end, they decided on a blockchain approach, where everyone keeps a record of everyone’s money.
Desert Island Survival Day1
Easy, right?
It is possible for one member to interfere with the process.If Thursday leaves camp for a few days to fish far away, the others cannot update their current balance until he returns — giving too much power to a single member.
Desert island survival Day2
Day3 of Survival on Desert Island
Desert Island Survival Day4
Desert island survival Day5
Desert island survival Day6
-
A balance sheet for the day, published every day, is one
Block. -
Each block is numbered and points to the previous block — that is, the previous day’s balance table — and forms one
The chain. -
To verify that any block of data is correct, you only need to start at the beginning of the chain (the first day’s data, i.e
The foundation block) To start, the calculations are made in order according to the data within each block. All balances are increased and decreased day by day.
Need permissionIs it possible to convert to a non-permissive chain? And if you want to introduce
Proof of workOr,
Interest inHow to change the mechanism of the
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